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Tillbridge Lane , Stow Park, Lincoln, Lincolnshire, LN1

East Midlands

£495,000
Listed on 02/04/2026

Property Details

Bedrooms
4
Type
Barn Conversion
Area
1787 sqft

Description

This property represents a distinctive opportunity for redevelopment, featuring an extensive former workshop initially built for the Great Northern Railway. With detailed planning approval already in place (Planning Reference: WL/2025/00675) from West Lindsey District Council, this site spans approximately 1.883 acres (0.762 hectares), making it suitable for various uses, including open storage. The land is primarily composed of a compacted concrete yard and is secured with palisade fencing and electric gates at the entrance. Included on-site is a modern office building measuring 807 sqft (75 sqm), equipped with essential amenities like kitchen facilities, washrooms, and showers, adding significant value to the property. Its strategic location near the A1500 Tillbridge Lane provides excellent connectivity to Lincoln city centre and the surrounding regions, enhancing its appeal for potential business operations. The accommodation features substantial workshop space of 2152 sqft (200 sqm) with impressive eaves height of 5.2 meters and three large electric roller doors, as well as dedicated office areas and storage. This site not only holds an established industrial/office usage but also offers potential for further development or alteration based on individual investor needs. With local amenities, schools, and transport links all within a short distance, this property stands as a prime candidate for those looking to invest in a versatile space with room for future growth.

Investment Analysis

(LN1 area)

Above Market Value

This property is priced +18.1% above area average per sq ft

+18.1%
This Property
£277/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£461,153
10% above area average per sq ft
Potential ROI
-28.5%
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
9%
Properties sold annually

Local Market Trend (LN1)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -10.7%
5 year growth: -2.7%
Investment Disclaimer: Analysis based on LN1 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

Tillbridge Lane , Stow Park, Lincoln, Lincolnshire, LN1
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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
£1,753
Based on a loan of £371,250 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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