Worst House on the Street Logo
Snelland, Market Rasen - Image 1
Snelland, Market Rasen - Image 2
Snelland, Market Rasen - Image 3
Snelland, Market Rasen - Image 4
Snelland, Market Rasen - Image 5
Snelland, Market Rasen - Image 6
Snelland, Market Rasen - Image 7
Snelland, Market Rasen - Image 8
Snelland, Market Rasen - Image 9
Snelland, Market Rasen - Image 10
Snelland, Market Rasen - Image 11
Snelland, Market Rasen - Image 12
Snelland, Market Rasen - Image 13
Snelland, Market Rasen - Image 14

Snelland, Market Rasen

East Midlands

£850,000

Listed on 22/05/2026

Property Details

Bedrooms
4
Type
Farm House
Area
2600 sqft

Description

This residential farm, set in the tranquil Lincolnshire countryside, offers a rare opportunity for those looking to invest in a property with significant potential for renovation and modernization. Spanning approximately 16.50 acres, this holding features a traditional four-bedroom farmhouse alongside an array of both contemporary and historical agricultural buildings. With no immediate neighbors, it provides a private escape coupled with ample space for future development, subject to necessary planning approvals. The main farmhouse, constructed in the mid to late 1800s, retains much of its character and comprises over 2,600 square feet of living space across two floors. While well maintained, there is ample room for sympathetic updates to enhance functionality and aesthetics. The surrounding farmland includes productive arable land and paddocks that could serve various agricultural purposes or potential alternative uses. The extensive range of outbuildings presents additional opportunities; they are suitable for conversion into residential units or bespoke workspaces, enabling income generation. This property not only offers a charming home but also presents an exciting project for those with vision and ambition in rural property development.

Investment Analysis

(LN8 area)

Above Market Value

This property is priced +43.0% above area average per sq ft

+43.0%
This Property
£327/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £150,000
Target Value
£653,939
10% above area average per sq ft
Potential ROI
-34.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -5.0%
5 year growth: +6.8%
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

Snelland, Market Rasen
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,033
Based on a loan of £637,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates