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Sand Pit Lane, Alkborough, DN15 - Image 1
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Sand Pit Lane, Alkborough, DN15

Yorkshire

£220,000
Listed on 27/07/2023

Property Details

Bedrooms
4
Type
Not Specified

Description

This significant residential building plot offers a unique opportunity for investment and development in the picturesque semi-rural village of Alkborough. With stunning views of the River Humber, this land comes with approved planning permission for constructing a contemporary detached home. The proposed design features an inviting open-plan living space that seamlessly integrates with a sun room, along with a spacious utility room and cloakroom. The upper floor is designed to accommodate four generously sized double bedrooms, including a master suite complete with a dressing room and en-suite bathroom. This plot not only provides the chance to create a modern family residence tailored to current living standards but also allows potential buyers to enhance its value through thoughtful design and execution.

Investment Analysis

(DN15 area)
Area Average
£177/sq ft
Avg Rent (weekly)
£155
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (DN15)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +5.5%
5 year growth: +18.0%
Investment Disclaimer: Analysis based on DN15 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

Sand Pit Lane, Alkborough, DN15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 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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