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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

£570,000
Listed on 20/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached property is situated on a spacious and adaptable plot, offering an excellent opportunity for investment and renovation. The home can serve various purposes, from a generous family residence to potential business uses such as a dog care facility or similar enterprises. The layout includes four reception areas—perfect for entertaining or workspaces—and a well-appointed kitchen that opens directly to the rear garden. A highlight of the ground floor is the unique spa room featuring a hot tub and bar, ideal for leisure or relaxation. Upstairs, you will find two double bedrooms and two single bedrooms along with a family bathroom, complemented by an inviting hallway that enhances the home's overall sense of space. Outside, the property boasts substantial features including a double garage with electric doors and beautifully maintained gardens. The rear area is designed for outdoor living with a pergola-covered patio and artificial turf. Notably, the property includes valuable structures such as a dog kennel and a log cabin that holds potential for conversion into an annexe or studio (subject to necessary permissions). Two large workshops provide ample space for business operations; one includes office facilities while the second offers expansive work areas. The side half-acre paddock further enhances this property's versatility, whether for agricultural use or additional development opportunities. While some modernising is required in the main house, the extensive potential makes this property worthy of consideration for those looking to create a bespoke living space or entrepreneurial venture.

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 - £90,000
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
£2,088
Based on a loan of £427,500 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