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Alford Road, Sutton on Sea, Lincolnshire, LN12 2RW - Image 1
Alford Road, Sutton on Sea, Lincolnshire, LN12 2RW - Image 2
Alford Road, Sutton on Sea, Lincolnshire, LN12 2RW - Image 3
Alford Road, Sutton on Sea, Lincolnshire, LN12 2RW - Image 4
Alford Road, Sutton on Sea, Lincolnshire, LN12 2RW - Image 5
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Alford Road, Sutton on Sea, Lincolnshire, LN12 2RW

East Midlands

£250,000
Listed on 07/02/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled in the charming seaside town of Sutton on Sea, part of the Mablethorpe civil parish along the East Lincolnshire coast, this property offers a unique opportunity for renovation and development. With a local population of around 3,000 and access to essential amenities, the area is not only well-regarded as a tourist destination but also presents significant potential for investment. Positioned to the west of town, just off Alford Road (A1111), this rectangular plot is easily accessible and sits approximately 50 meters from the junction with Ings Road. The land features established hedged boundaries and is currently laid to grass, providing a blank canvas for prospective buyers. The property comes with planning consent (N/110/00232/22) to develop 13 stables arranged around a central courtyard at the northern edge of the site. Additionally, there is approval for a sizeable ménage area measuring roughly 60m x 40m in the north-west corner. These features enhance the property's appeal for equestrian use or similar ventures. For those interested in exploring this opportunity further, viewing can be done from the roadside at your convenience. If you wish to access the land directly, you may do so unaccompanied and at your own risk. Please ensure that appropriate personal protective equipment (PPE) is worn during your visit. This property not only stands out due to its current offerings but also highlights significant potential for future growth and development within a desirable coastal community.

Investment Analysis

(LN12 area)
Area Average
£239/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LN12)

Area prices are rising by +8.9% over the last 12 months
3 year growth: 1.5%
5 year growth: 30.0%
Investment Disclaimer: Analysis based on LN12 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

Alford Road, Sutton on Sea, Lincolnshire, LN12 2RW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE