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Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 1
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 2
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 3
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 4
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 5
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 6
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 7
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 8
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 9
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 10
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 11
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 12
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 13
Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ - Image 14

Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ

East Midlands

£450,000
Listed on 02/02/2026

Property Details

Bedrooms
2
Type
Detached
Area
2146 sqft

Description

This property presents a noteworthy development opportunity with a quaint period cottage complemented by an adjoining workshop and multiple outbuildings. Positioned on approximately 0.74 acres within a sought-after village setting, this site offers significant potential for various uses, subject to the requisite planning permissions. The cottage features a traditional layout, including a welcoming entrance hall, sitting room with fireplace, kitchen equipped with base units, and two well-sized bedrooms upstairs. Further enhancing its appeal are extensive outdoor spaces featuring both a spacious front garden and ample off-street parking via a large driveway. The surrounding outbuildings provide additional storage and workspace options, creating possibilities for conversion or expansion. Overall, this charming property is ripe for transformation into either residential or commercial ventures.

Investment Analysis

(LN5 area)

Below Market Value

This property is priced -4.2% below area average per sq ft

-4.2%
Potential saving
This Property
£210/sq ft
Area Average
£219/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£516,853
10% above area average per sq ft
Potential ROI
+1.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +9.0% over the last 12 months
3 year growth: +4.5%
5 year growth: +2.3%
Investment Disclaimer: Analysis based on LN5 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

Carlton Mill, Sands Lane, Carlton-Le-Moorland, Lincoln, Lincolnshire, LN5 9HJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 over 30 years at 3.91% 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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