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Building Plots with Full Planning Consent

East of England

£149,950
Listed on 25/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for investors and developers, featuring two separate plots, each with full planning consent for the construction of a substantial detached five-bedroom home. Each plot includes provisions for off-road parking as well as a double garage, allowing for spacious living in a tranquil rural setting. Located in the charming village of Surfleet Seas End, these plots benefit from their proximity to various leisure activities, including scenic walking routes and the nearby Surfleet Reservoir. The area also offers easy access to amenities such as restaurants, golf courses, and essential services. The larger town of Spalding is just 5 miles away, providing additional options like supermarkets, primary schools, and community facilities. For those commuting to larger cities, the A16 connects this location conveniently to Peterborough and Boston, while fast train services to London King's Cross are available within approximately 50 minutes. Each plot measures about 0.093 hectares (0.23 acres) and has direct access from Reservoir Road. The planning approval by South Holland District Council (Ref: H17-0128-24), granted on April 8, 2024, outlines the development potential for both lots. Interested buyers will need to review the specific conditions associated with the planning permission to ensure compliance during development. Utilities including mains water, drainage, and electricity are accessible along Reservoir Road; potential buyers should verify service availability with local providers. This investment not only allows for the creation of bespoke residential units but also taps into an appealing rural lifestyle that attracts families and individuals alike. Overall, these plots represent a promising venture for those looking to enter the residential property market or expand their investment portfolio in a desirable rural community setting.

Investment Analysis

(PE11 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -2.5%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on PE11 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

Building Plots with Full Planning Consent
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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 £112,462 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