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Lincoln Road, Faldingworth, Market Rasen LN8 - Image 1
Lincoln Road, Faldingworth, Market Rasen LN8 - Image 2
Lincoln Road, Faldingworth, Market Rasen LN8 - Image 3

Lincoln Road, Faldingworth, Market Rasen LN8

East Midlands

£995,000
Listed on 27/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This substantial four-bedroom detached home sits on an expansive plot, presenting a unique opportunity for both residential and commercial investment. Ideal for those looking to create a large family residence or a combined living and business space, the property offers generous dimensions with four reception areas. The ground floor features a spacious kitchen complete with a central island and double doors leading to the rear garden, along with a variety of entertaining spaces including a living room, dining room, conservatory, and a distinctive spa room equipped with a hot tub and bar. On the upper level, you will find two double bedrooms alongside two single bedrooms plus a family bathroom. The layout enhances the sense of space throughout the house. Outside, the property boasts well-maintained gardens, a double garage with electric door access, and an inviting entertainment area complete with pergola. Notably, there is significant potential for enhancement in the garden area, where current amenities include a dog kennel and log cabin—both of which could be transformed into an annexe or studio with appropriate permissions. Additionally, two large workshops are located at the back of the lot; previously utilized by the owners for business operations, they contain versatile spaces suitable for various uses. A secure half-acre paddock adjacent to the property adds further value and flexibility for leisure or storage options. The accompanying commercial unit has been successfully operated as a dog kennel manufacturing facility with current tenants generating an annual income of £36,000 until October 2026. The commercial premises have served multiple purposes in its history—from car garages to manufacturing—and present opportunities for subdivision and separate leasing arrangements that could further boost rental income. While some modernisation would undoubtedly enhance both comfort and value in the main residence, this property's remarkable scale and mixed-use potential make it an exceptional investment opportunity worthy of consideration.

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 - £85,000
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
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,645
Based on a loan of £746,250 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