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Lincoln Road, Faldingworth, Market Rasen, LN8 3SF - Image 1
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Lincoln Road, Faldingworth, Market Rasen, LN8 3SF

East Midlands

£570,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This substantial four-bedroom detached residence is nestled on an expansive, adaptable plot, presenting a unique chance for those looking to invest. With its generous layout and additional facilities, the property can serve various purposes—be it as a comfortable family home or as a venue suited for business operations like dog care or kennels. The main dwelling features four spacious reception rooms alongside a well-equipped kitchen with an island and direct access to the rear garden. A welcoming conservatory and a distinct spa room enhance the living experience, complete with leisure amenities such as a hot tub and bar area. On the first floor, the home comprises two double bedrooms and two single bedrooms, supplemented by a family bathroom that adds to the overall usability. The property’s exterior further complements its appeal with a double garage at the front and an inviting outdoor area featuring seating arrangements beneath a pergola. A noteworthy feature lies in the backyard where you will find an existing dog kennel and a log cabin that holds significant conversion potential into an annexe or studio, pending approvals. Additionally, the property boasts two spacious workshops previously utilized for business activities; one is equipped with office space and other amenities suitable for various enterprises. The side of the property also includes a secure half-acre paddock, enhancing its attractiveness for animal enthusiasts or those seeking further development opportunities. While modernisation of the main house could elevate its charm and functionality significantly, the extensive scope for transformation is what truly makes this property stand out. Viewing is highly recommended to comprehend fully both its versatility and renovation potential.

Investment Analysis

(LN8 area)
Area Average
£222/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by +13.8% over the last 12 months
3 year growth: -4.3%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on LN8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lincoln Road, Faldingworth, Market Rasen, LN8 3SF
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,088
Based on a loan of £427,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE