Worst House on the Street Logo
Foxton Road, Lubenham, Market Harborough - Image 1
Foxton Road, Lubenham, Market Harborough - Image 2
Foxton Road, Lubenham, Market Harborough - Image 3
Foxton Road, Lubenham, Market Harborough - Image 4
Foxton Road, Lubenham, Market Harborough - Image 5
Foxton Road, Lubenham, Market Harborough - Image 6
Foxton Road, Lubenham, Market Harborough - Image 7
Foxton Road, Lubenham, Market Harborough - Image 8
Foxton Road, Lubenham, Market Harborough - Image 9
Foxton Road, Lubenham, Market Harborough - Image 10
Foxton Road, Lubenham, Market Harborough - Image 11

Foxton Road, Lubenham, Market Harborough

East Midlands

£850,000
Listed on 08/06/2023

Property Details

Bedrooms
5
Type
Detached house

Description

This property represents a significant opportunity for development, featuring full planning permission for a modern home designed to blend with its stunning natural surroundings. Nestled along a long driveway and set on an expansive plot of approximately 11.5 acres, it offers breathtaking views towards Foxton Locks from its south-facing position. The primary residence, which spans around 4400 square feet, has the potential to expand further with approved plans for additional wings, allowing for annex accommodation and an internal swimming pool among other features. The envisioned total area could reach approximately 7400 square feet, including five ensuite bedrooms, expansive open-plan living areas with vaulted ceilings, and practical utility spaces. Additional external features include a double garage and a spacious driveway. Located on the outskirts of Lubenham village—just two miles from Market Harborough—this site not only provides easy access to essential amenities but also benefits from mainline connections to London and quick links to the M1 motorway. With existing planning permissions that can be leveraged indefinitely due to initial groundwork completion, this project is poised for forward-thinking investors looking to create a bespoke residence in a desirable location. The development adheres to stringent design requirements under Paragraph 55 of the National Framework, emphasizing sustainability and innovation in architectural design.

Investment Analysis

(LE16 area)
Area Average
£330/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
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
12%
Properties sold annually

Local Market Trend (LE16)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -3.2%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on LE16 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

Foxton Road, Lubenham, Market Harborough
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,114
Based on a loan of £637,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE