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Cadney Road, Howsham, Market Rasen, LN7

East Midlands

£880,000

Listed on 29/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
4599 sqft

Description

Nestled in the serene Lincolnshire countryside, this expansive property spans approximately four acres, offering a unique opportunity for those looking to invest in substantial residential potential. Located conveniently in Market Rasen, the home is a detached structure with an adjoining self-contained annexe, which adds significant value and versatility for homeowners and investors alike. The main house boasts multiple reception areas, a fitted kitchen, a spacious conservatory, five generously sized bedrooms (two of which feature en-suite bathrooms), and a family bathroom. The annexe provides independent living space with two bedrooms, an open-plan lounge and kitchen area, plus a shower room. Notably, it has received council approval for a separate council tax assessment, boosting its value potential to over £350,000. Significant renovations have already been completed at Fox Farm, including a fully upgraded swimming pool and the construction of an agricultural barn. Furthermore, planning permission is in place to expand the main house significantly; groundwork has commenced aiming to double the property's size and enhance its market value. The extensive grounds are accessible via four separate gates and driveways. There are existing utilities such as electricity and water connections available on-site, adding further development potential — including approved plans for a lake that would enrich the property's already attractive landscape. This site presents an exceptional long-term investment opportunity with options for multiple residential developments under the right permissions. In summary, Fox Farm combines tranquil rural living with remarkable investment prospects in residential or agricultural ventures. Early viewings are encouraged to grasp the full extent of potential this distinctive estate offers.

Investment Analysis

(LN7 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£191/sq ft
Area Average
£212/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £150,000
Target Value
£1,070,210
10% above area average per sq ft
Potential ROI
+3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN7)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +6.4%
5 year growth: +17.4%
Investment Disclaimer: Analysis based on LN7 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

Cadney Road, Howsham, Market Rasen, LN7
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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
£3,325
Based on a loan of £660,000 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.

Stamp Duty Calculator

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