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Residential Building Plot, Off Monson Road, Northorpe, Gainsborough, DN21 4AF - Image 1

Residential Building Plot, Off Monson Road, Northorpe, Gainsborough, DN21 4AF

Yorkshire

£150,000
Listed on 12/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This is a unique opportunity to acquire a residential building plot situated in the charming village of Northorpe, which comes with full planning consent for the construction of a detached dwelling. The plot presents significant renovation and investment potential, making it an ideal choice for developers or individuals looking to create their own home from the ground up. Northorpe is nestled within the picturesque West Lindsey District of Lincolnshire, offering a tranquil village lifestyle while still providing convenient access to essential amenities. The nearby town of Kirton in Lindsey features a reputable nursery, primary school, and local pub, enhancing the appeal of this location for families and professionals alike. Additionally, residents will benefit from swift access to the M180 Motorway, facilitating travel to larger urban centers. The site is easily accessible via an already tarmacked route from Monson Road, ensuring logistical ease for development activities. Access to the plot is secured through an established right of way down Huntingfield Drive off Monson Road. For those considering investment opportunities, it's noteworthy that this plot has received planning permission for one detached dwelling as of January 13, 2022 (reference no. 143365). Although other plots are being developed separately and are not part of this sale, acquiring this piece allows you to be part of an emerging community project. Interested buyers are encouraged to consult West Lindsey District Council's Planning Department for further details regarding services and compliance related to their intended use. This freehold property will be conveyed with vacant possession upon completion. Please feel free to visit the site during daylight hours with a copy of these particulars in hand; it offers a blank canvas ready for your vision. All inquiries about interest or further information can be directed to Morten Gledhill at the selling agents.

Investment Analysis

(DN21 area)
Area Average
£182/sq ft
Avg Rent (weekly)
£156
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DN21)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 3.2%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on DN21 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

Residential Building Plot, Off Monson Road, Northorpe, Gainsborough, DN21 4AF
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 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