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High Street Farm, North Willingham, Market Rasen

East Midlands

£2,750,000
Listed on 13/03/2026

Property Details

Bedrooms
4
Type
Detached house

Description

Situated within the picturesque Lincolnshire Wolds, this extensive residential arable farm offers substantial potential for renovation and investment. Covering approximately 198.93 acres, High Street Farm features a principal stone farmhouse, a stone barn conversion, and a variety of modern and traditional outbuildings arranged around a metalled yard. While the main farmhouse has seen some improvements over the years, it is currently in fair condition and presents an opportunity for further modernization to enhance its appeal. The property's two-storey layout includes four bedrooms and generous living spaces, perfectly positioned with a westerly aspect. The surrounding farmland is classified as Grade 2 quality and offers diverse agricultural opportunities, while the existing farm buildings provide ample space for various uses. Buyers can capitalize on the high amenity value of the land due to its attractive scenery and productive soil types suitable for crops. Furthermore, with local amenities just a short drive away in towns like Louth and Market Rasen, this property combines rural charm with accessibility. This is an ideal investment for someone looking to introduce their own vision through thoughtful renovations.

Investment Analysis

(LN8 area)
Area Average
£227/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by -9.0% over the last 12 months
3 year growth: -4.4%
5 year growth: +12.1%
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

High Street Farm, North Willingham, Market Rasen
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£9,918
Based on a loan of £2,062,500 over 30 years at 4.06% 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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