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Development Opportunity, Middleton, Market Harborough

East Midlands

£700,000

Listed on 23/09/2026

The listing

Property details

Bedrooms
3
Type
Character Property
Area
2512 sqft

Description

This property presents a unique residential development opportunity in a charming Northamptonshire village. It features a characterful period farmhouse alongside a range of traditional outbuildings and an adjoining field, all set on approximately two-thirds of an acre. The site benefits from outline planning consent for the construction of four detached dwellings, making it an attractive prospect for developers and investors alike. The farmhouse, requiring refurbishment and modernization, showcases natural stone construction and includes a spacious layout over two floors. The ground floor consists of an entrance hall leading to a double-aspect sitting room with a fireplace, a generous kitchen/breakfast room featuring a traditional Rayburn stove, and additional utility and cloakroom facilities. Upstairs, you will find three well-proportioned bedrooms and a family bath/shower room. Surrounding the farmhouse is a collection of traditional barns and outbuildings arranged around a courtyard, along with established gardens and a level paddock. Notably, the property includes a three-bay stable, an open-fronted store, and a double-width garage, all contributing to the site's character as a traditional farmstead. The established walled garden is home to several fruit trees and a greenhouse, while the paddock is enclosed by stone walling and fencing. With the granted outline planning consent for residential development, this property offers the potential for creating four individual detached homes in an appealing village setting. Prospective buyers should conduct their own inquiries regarding access and planning requirements to ensure compliance with the necessary approvals.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

58out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This characterful period farmhouse presents a significant opportunity for renovation and development, given its attractive location within a desirable Northamptonshire village. The asking price of £700,000 is notably cheap compared to the local average of £329/sqf, presenting a strong entry point for those looking to invest in a project that can yield value. With substantial land and outline planning consent for four detached dwellings, there’s potential to enhance both the farmhouse and the surrounding area.

However, the all-in renovation costs, which could reach up to £875,000, appear tight against local benchmarks, suggesting that careful financial planning will be essential. The interiors are dated and require a heavy refurbishment, particularly in the kitchen and living areas, which will need modernisation to unlock their full potential. With its generous plot size and traditional outbuildings, this property has ample scope for a savvy investor or developer to create a unique residential opportunity.

Key opportunities

  • Generous plot size with substantial land provides room for creative development and landscaping.
  • Outline planning consent for four detached dwellings allows for potential residential expansion.
  • Characterful traditional outbuildings and established gardens add charm to the property and offer additional development possibilities.

Key risks

  • Stripped interiors and a £100,000–£250,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Development Opportunity, Middleton, Market Harborough
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,645
Based on a loan of £525,000 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.

Tax

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