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1.68 acre Building Plot, Moorby, Boston - Image 1
1.68 acre Building Plot, Moorby, Boston - Image 2
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1.68 acre Building Plot, Moorby, Boston - Image 4
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1.68 acre Building Plot, Moorby, Boston

East of England

£185,000
Listed on 26/03/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for renovation or new development, set within a picturesque grass paddock of approximately 1.68 acres. Nestled in a tranquil rural environment, the site benefits from open southerly and westerly views that enhance its appeal. A notable feature of the property is a detached timber barn located at the northern boundary of the paddock. This existing structure is crucial for those seeking to take advantage of the full planning permission already granted for its transformation. The approved plans allow for the change of use and expansion of the barn into a substantial four-bedroom family residence, designed with modern energy efficiency in mind. The surrounding area is characterized by mature trees and hedgerows, providing both privacy and an established natural landscape that enhances the setting. Given its location, this plot not only offers a serene lifestyle but also holds significant potential as an investment opportunity, appealing to those interested in creating a distinctive home that harmonizes contemporary living with rural charm.

Investment Analysis

(PE22 area)
Area Average
£222/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE22)

Area prices are rising by +9.9% over the last 12 months
3 year growth: -0.6%
5 year growth: 24.4%
Investment Disclaimer: Analysis based on PE22 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

1.68 acre Building Plot, Moorby, Boston
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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
£678
Based on a loan of £138,750 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