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Irchester Grange Farm, Farndish Road, Irchester NN29 7HL - Image 1
Irchester Grange Farm, Farndish Road, Irchester NN29 7HL - Image 2
Irchester Grange Farm, Farndish Road, Irchester NN29 7HL - Image 3

Irchester Grange Farm, Farndish Road, Irchester NN29 7HL

East Midlands

£1,000,000
Listed on 16/10/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

Discover a unique opportunity for redevelopment with this farmyard property, which boasts planning consent for the conversion of existing barns into six residential units. This site presents significant potential for self-build projects, allowing you to bring your vision to life in a picturesque rural setting. Situated on a generous 0.75 hectares (1.85 acres), the property offers ample space for development while maintaining a balance with its natural surroundings. The location benefits from a tranquil atmosphere, providing an ideal backdrop for residential living, yet it remains conveniently close to local amenities and services. This investment not only promises the chance to create multiple dwellings but also allows for potential financial returns through rental or resale opportunities in a growing market. Whether you are an experienced developer or looking to venture into a new project, this property offers the right foundation for both residential transformation and long-term value creation.

Investment Analysis

(NN29 area)
Area Average
£299/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£800,000 - £1,200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NN29)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 3.1%
5 year growth: 18.5%
Investment Disclaimer: Analysis based on NN29 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

Irchester Grange Farm, Farndish Road, Irchester NN29 7HL
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,663
Based on a loan of £750,000 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