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Alford Road, Mablethorpe

East Midlands

£295,000
Listed on 05/03/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique investment opportunity near the sought-after seaside town of Mablethorpe, occupying approximately 1 acre with full planning permission for developing 28 residential apartments. The proposed development will feature a mix of one and two-bedroom units distributed across three floors, complemented by communal gardens and off-road parking. Located just a short distance from local amenities and the town's renowned sandy beaches, this plot is perfectly positioned for future residential growth. Given the ongoing demand for housing in coastal areas, this project offers significant potential for profitable returns upon completion. Interested parties should conduct proper due diligence regarding the current condition of any included services and infrastructure as part of their assessment.

Investment Analysis

(LN12 area)
Area Average
£240/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£700,000 - £1,000,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (LN12)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.7%
5 year growth: +21.0%
Investment Disclaimer: Analysis based on LN12 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

Alford Road, Mablethorpe
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,064
Based on a loan of £221,250 over 30 years at 4.06% 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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