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Northfield Lane, Nassington, Peterborough, Northamptonshire, PE8 - Image 1
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Northfield Lane, Nassington, Peterborough, Northamptonshire, PE8

East of England

£2,950,000

Listed on 20/08/2024

Property Details

Bedrooms
5
Type
House

Description

This property presents a distinctive opportunity for those interested in the holiday rental market, featuring nine cottages and an Eco Lodge, all situated on approximately 4.37 acres. The main residence, Frog Hall, is a characterful Grade II Listed three-storey house with five double bedrooms and substantial living spaces that retain period features. While the interiors are finished to a good standard, there is potential for further enhancement to increase both aesthetic appeal and operational efficiency. The property also includes a detached annexe, which offers additional accommodation options. The holiday lets, marketed under the Lily Pad brand, consist of modern ski chalet-style cottages that could benefit from minor updates to maximize guest comfort and marketability. Additionally, the property encompasses an agricultural barn, stable block, and builder’s yard — each with development potential subject to planning permission (STPP). These structures provide excellent opportunities for conversion or expansion of the current business model. The Eco Lodge boasts environmentally-friendly features such as solar panels and air-source heating but also allows room for modernization to attract eco-conscious guests. The pool house adds further allure to the attraction without significant investment required upfront. Located in Nassington, a village noted for its charming countryside and proximity to amenities and transport links, this property not only serves as a lucrative investment but also offers ample space for personal enjoyment or future residential development.

Investment Analysis

(PE8 area)
Area Average
£317/sq ft
Avg Rent (weekly)
£316
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE8)

Area prices are rising by +12.6% over the last 12 months
3 year growth: +7.6%
5 year growth: +11.8%
Investment Disclaimer: Analysis based on PE8 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

Northfield Lane, Nassington, Peterborough, Northamptonshire, PE8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£11,145
Based on a loan of £2,212,500 over 30 years at 4.45% 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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