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Development Land to Rear of Half Moon Pub, West Street - Image 1
Development Land to Rear of Half Moon Pub, West Street - Image 2
Development Land to Rear of Half Moon Pub, West Street - Image 3

Development Land to Rear of Half Moon Pub, West Street

East Midlands

£225,000

Listed on 02/07/2026

The listing

Property details

Bedrooms
N/A
Type
Town House

Description

This property presents a unique investment opportunity in the heart of Alford, a desirable market town in Lincolnshire. Spanning a prominent location on West Street, the site benefits from proximity to local amenities such as shops, schools, and recreational facilities. The planning permissions granted by East Lindsey District Council are particularly noteworthy: they include outline approval for the construction of 9 new residential units and full permission for converting existing hotel and restaurant structures into 4 residential dwellings. The flexibility in the approval means that potential purchasers can adapt the development to meet their own specifications, pending reserved matters approval. However, interested parties should be aware of certain conditions associated with the planning permissions, particularly regarding contamination and ecological considerations. Additionally, there is an obligation for demolition of shared buildings within a specified timeframe. This site offers significant potential for developers looking to capitalize on residential expansion in a popular area.

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Map

Location

Development Land to Rear of Half Moon Pub, West Street
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 over 30 years at 4.45% 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.

Tax

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