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Sutton Road, Bilsby, Alford

East Midlands

£120,000
Listed on 10/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This plot of land, extending to approximately 0.27 acres, presents a noteworthy opportunity for development on the outskirts of Bilsby. With outline planning permission in place for the construction of a single dwelling, this site is ideally positioned for those looking to invest in a self-build project within a tranquil rural setting. Located close to the historic market town of Alford and just five miles from the stunning Lincolnshire coastline, the area offers a blend of countryside charm and convenient access to local amenities. The plot benefits from direct road access and showcases expansive views over open fields to the rear, enhancing its appeal as a peaceful residential location. The granted outline planning permission by East Lindsey District Council (Application Number 03016/25/OUT8) allows prospective buyers to begin their plans for development upon completion of due diligence regarding local services and utilities. While current services are not connected directly to the plot, mains water is accessible nearby, with electricity available close by as well. Waste management will require consideration of a private system, given that mains drainage is not present in this area. The boundaries and requirements of the plot are delineated in the planning application documents. Interested parties are encouraged to familiarize themselves with these details and engage with local authorities for any necessary inquiries related to boundaries or land use rights. In summary, this parcel offers significant renovation and investment potential within a desirable rural community. It invites innovative visions for development while providing a serene backdrop that is both accessible and scenic.

Investment Analysis

(LN13 area)
Area Average
£223/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (LN13)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -5.1%
5 year growth: 4.7%
Investment Disclaimer: Analysis based on LN13 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

Sutton Road, Bilsby, Alford
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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
£440
Based on a loan of £90,000 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