Nestled on the edge of the charming village of Bulby, approximately six miles northwest of Bourne, this property presents a unique opportunity for renovation and investment. This site encompasses a collection of traditional stone and brick agricultural buildings that have recently been granted Planning Permission for conversion into a single residential dwelling, offering exciting potential for both personal use or as an investment project.
The approved plans allow for the transformation of these structures into a spacious home featuring five bedrooms, along with multiple living areas, including an entrance hall, living room, office with en-suite, snug, and a kitchen/dining area. Additionally, there will be ample utility space and storage options, making it ideal for modern family living. The layout also includes provision for garaging and a plant room/store. The total area available for development spans approximately 424 square meters (4,568 sq. ft.), which provides substantial room to create a comfortable residence.
Positioned at the western fringe of Bulby, this property benefits from its peaceful rural setting while retaining convenient access to local amenities in Bourne. The surrounding area boasts scenic views and plenty of opportunities for outdoor activities. Furthermore, with planning permission in place since February 2023 (reference S22/0415), prospective buyers can delve into detailed plans and documentation directly through South Kesteven District Council or via the selling agent.
A noteworthy aspect to consider is the uplift provision/clawback clause attached to the property. Should additional dwellings receive planning approval in connection with this site within 50 years from completion, there will be a payment due calculated at 50% of any uplift in value—a point worth discussing during your consideration.
As a Grade II Listed property since December 1986 (List Entry No. 1062804), this building not only offers historical significance but also serves as an attractive feature that enhances its character amid contemporary renovations.
For those interested in pursuing this project further, it’s advisable to conduct thorough investigations regarding service connections; electric and water are currently available on-site while potential connections for mains foul drainage may exist within the village.
The opportunity here is clear: transform these existing structures into a remarkable residence that reflects your vision while capitalizing on Bulby's enviable location and growth potential. Viewings are strictly by appointment—eager buyers are encouraged to reach out to arrange an inspection.
