Option 6: If you are wealthy enough, demolish the old structure and build one LARGE grand house on a incredibly beautiful piece of land.
I don't have to tell you anything about this, but if tearing down the existing house and building new, is a viable option, the sky is the limit. This property is up high enough that you should have no trouble with flooding and the setting is ideal. You won't find many with as gorgeous a view. A view that looks down a clean, flowing river with great fishing and access to all the canals the UK has to offer. .
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