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Building Plots, Mumby Road, Huttoft

East Midlands

£399,950
Listed on 05/05/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This notable development site in the desirable village of Huttoft presents a rare opportunity for investors and builders. Spanning approximately 1.5 acres, this plot comes with outlined planning permission for the construction of eight residential dwellings, making it an ideal project for those looking to capitalize on housing demand in the area. Located just a short drive from the historic town of Alford and the popular beach resort of Sutton-on-Sea, the site offers both convenience and potential for growth. Interested parties are encouraged to verify measurements and consult with the East Lindsey District Council regarding planning specifics. This land is well-positioned for a profitable venture in today's market.

Investment Analysis

(LN13 area)
Area Average
£222/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (LN13)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -4.6%
5 year growth: +9.8%
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

Building Plots, Mumby Road, Huttoft
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,427
Based on a loan of £299,962 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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