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Ingoldmells Road, Burgh-le-Marsh, Skegness

East of England

£95,000
Listed on 04/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This individual building plot offers a unique opportunity for investment in a highly desirable area of Burgh Le Marsh, just five miles from the bustling seaside town of Skegness. With full planning permission in place, prospective buyers can move forward with plans to construct a three-bedroom home alongside a detached garage on approximately 0.18 acres of flat land. The existing structure, a builder's workshop, is set to be demolished, clearing the way for new development. It's important to note that while mains electricity is accessible onsite, connections for water, gas, and sewerage are available along the nearby public highway and will need to be established by the buyer. The plot is conveniently located off Ingoldmells Road with easy access via a gravelled driveway. This site is primed for new construction, making it an excellent prospect for builders or developers looking to capitalize on the region's growth potential.

Investment Analysis

(PE24 area)
Area Average
£228/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE24)

Area prices are rising by +7.7% over the last 12 months
3 year growth: -1.1%
5 year growth: 35.2%
Investment Disclaimer: Analysis based on PE24 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

Ingoldmells Road, Burgh-le-Marsh, Skegness
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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
£348
Based on a loan of £71,250 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