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Cottage Farmstead, Crowle, North Lincs

Yorkshire

£950,000
Listed on 15/03/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
13600 sqft

Description

This expansive 6-bedroom farmhouse, encompassing around 3600 sq ft, presents a significant renovation opportunity for investors looking to create a bespoke residence or rental units. The property is set on approximately 3 acres of land and includes several traditional brick barns that hold planning permission for the conversion into five individual residential units, offering a total potential footprint of about 10,000 sq ft. Located near Crowle in North Lincolnshire, this farmstead benefits from strong transport links and access to local amenities in surrounding towns such as Scunthorpe and Doncaster. The main farmhouse requires a complete overhaul, making it an ideal project for those seeking to put their own stamp on a property. With numerous reception rooms and ample bedroom space, there’s considerable potential to modernize the interiors while preserving the building’s historical charm. The adjoining barns further enhance this investment by allowing for the creation of multiple dwellings that could cater to a variety of market needs. Surrounded by picturesque countryside and rich in local history, this site offers not just a home but a chance to capitalize on the growing demand for quality accommodation in rural settings. Key services are available nearby, with mains water and electricity presumed accessible, though new private drainage solutions will be necessary. For serious buyers looking for an ambitious project with promising returns, this opportunity warrants close consideration.

Investment Analysis

(DN17 area)

Below Market Value

This property is priced -61.7% below area average per sq ft

-61.7%
Potential saving
This Property
£70/sq ft
Area Average
£182/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Target Value
£2,729,452
10% above area average per sq ft
Potential ROI
+110.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (DN17)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +4.2%
5 year growth: +17.1%
Investment Disclaimer: Analysis based on DN17 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

Cottage Farmstead, Crowle, North Lincs
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,426
Based on a loan of £712,500 over 30 years at 4.06% 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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