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Main Street, Howsham, Market Rasen, LN7

East Midlands

£240,000

Listed on 24/06/2026

Property details

Bedrooms
4
Type
Semi Detached
Area
1229 sqft

Description

Nestled in approximately 0.89 acres of expansive gardens, this four-bedroom semi-detached home located in the quaint village of Howsham offers a significant opportunity for those looking to invest in a renovation project. The property, while requiring modernisation, presents a blank canvas for potential buyers to tailor it to their vision of an ideal family residence. Spanning around 1,229 sq.ft., the interior features a spacious layout including a welcoming entrance hall that leads to a light-filled lounge and separate dining room—ideal for both relaxation and entertaining. The kitchen, situated at the rear, connects to an essential utility room, followed by a conservatory that opens up to the verdant gardens. Completing the ground floor is a family bathroom. Upstairs, you'll find four bedrooms featuring two large doubles alongside two additional comfortable rooms. A separate WC and accessible loft space offer further functionality and potential for enhancement. The generous garden space that surrounds this home not only ensures privacy but also offers ample opportunities for landscaping or creating outdoor living areas, catering to gardening enthusiasts or families seeking space for activities. A driveway provides plentiful off-street parking leading to a sizable double garage which could be converted into extra storage or workspace. In addition to its abundant outdoor space and parking options, this property boasts proximity to picturesque countryside landscapes while being conveniently close to Market Rasen's amenities and Lincoln city’s broader offerings. This substantial property represents an increasingly rare chance to craft a custom family home in a serene rural location.

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Investment analysis

(LN7 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£195/sq ft
Area Average
£212/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£285,994
10% above area average per sq ft
Potential ROI
-4.7%
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

Main Street, 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
£907
Based on a loan of £180,000 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

Next Steps

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