Worst House on the Street Logo
Croft Lane, Croft, Skegness - Image 1
Croft Lane, Croft, Skegness - Image 2
Croft Lane, Croft, Skegness - Image 3

Croft Lane, Croft, Skegness

East of England

£140,000

Listed on 17/11/2024

The listing

Property details

Bedrooms
N/A
Type
Plot

Description

This property presents a unique opportunity to acquire two semi-detached homes that are in the early stages of construction, located on the outskirts of a sought-after market town, approximately five miles from the coastal attractions of Skegness. The structures have been built up to window height on the first floor and await completion, offering a blank canvas for future development. Both residences have received full planning permission from East Lindsey District Council for three-bedroom configurations, granted in December 2015. Notably, one of the homes is designated for affordable housing under the planning guidelines. Detailed plans and elevations are available through reputable channels, providing insight into the envisioned layout and potential. Utilities such as mains electricity, water, and foul drainage are understood to be accessible nearby; however, it will be the purchaser’s responsibility to establish these connections. Prospective buyers should also note that there is currently no natural gas supply in Wainfleet. The property's boundaries are clearly marked on the accompanying plans, with wooden posts indicating the rear corners of each plot. Access will need to be arranged by the buyer at their expense through a dropped kerb from Croft Lane, which also facilitates right-of-way access for agricultural vehicles into adjacent farmland. In terms of local infrastructure, East Lindsey District Council serves the area and can provide additional information as needed for prospective developers. This site not only offers significant renovation potential but also reflects regional demand for new housing solutions within a vibrant community setting. Viewing is available strictly by appointment, allowing serious investors to explore this promising venture further while adhering to safety protocols during site visits.

Unlock investment analysis

Sign up to see below-market value, yields, and local market trends for this and every other property.

Sign up free

Already have an account? Sign in

Interested in similar properties?

Create an alert and we'll notify you when similar renovation opportunities are listed.

Sign in to create alert

Map

Location

Croft Lane, Croft, Skegness
Loading map...

Transport

Nearest stations

  • Wainfleet Rail Station

    0.6 miles

    Train · Wainfleet All Saints

  • Havenhouse Rail Station

    1.3 miles

    Train · Havenhouse

  • Thorpe Culvert Rail Station

    1.9 miles

    Train · Thorpe Culvert

  • Skegness Rail Station

    4.4 miles

    Train · Skegness

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

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
£529
Based on a loan of £105,000 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

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

This calculation uses non-residential (land/commercial) tax rates.

Pricing

Price history

+16.7% since listed
£140,000+£40,000(+40.0%)
25/07/2026
Current price
£100,000£20,000(-16.7%)
25/04/2025
£120,000Initial listing
15/11/2024

Services

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.