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Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 1
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 2
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 3
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 4
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 5
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 6
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 7
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 8
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 9
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 10
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 11
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 12
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 13
Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW - Image 14

Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW

East Midlands

£200,000
Listed on 07/05/2026

Property Details

Bedrooms
7
Type
Cottage

Description

This substantial mixed-use property presents a rare investment opportunity, combining both residential and commercial elements with significant potential for growth. The site currently includes a spacious public house, complete with a fully equipped kitchen that can accommodate over 120 guests, making it suitable for a variety of hospitality ventures or redevelopment projects. An on-site car park and additional land enhance the property's versatility, allowing for expansion or alternative uses subject to planning approval. The residential component consists of three bed-and-breakfast rooms that are actively let on a short-term basis, generating reliable rental income. The existing flats and rooms contribute approximately £1,670 in monthly revenue, offering immediate cash flow to the new owner. Notably, the pub is currently vacant, providing an ideal blank canvas for renovation or reconfiguration. Planning permission has been submitted to convert the space into two residential units, which has been approved in principle—indicative of the site's strong development potential. Overall, this property offers multiple income streams alongside opportunities for refurbishment and value enhancement, making it an attractive proposition for investors or developers looking to maximize their return on investment.

Investment Analysis

(LN5 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£198
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +9.6% over the last 12 months
3 year growth: +4.6%
5 year growth: +1.3%
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

Marquis of Granby, High Street, Wellingore, Lincoln, Lincolnshire, LN5 0HW
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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