Main Road, Keal Cotes, SPILSBY
East of England
£80,000Guide Price
Listed on 28/10/2026
Listed on 28/10/2026
The listing
Property details
Bedrooms
3Type
Detached BungalowFeatures
- Garden
Description
Offered at auction, this fire-damaged bungalow occupies a site of approximately 0.18 acres, subject to measured survey. Planning permission was granted in 2024 for demolition of the existing dwelling and construction of a three-bedroom detached house with a detached double garage. CGI imagery is included in the marketing material and depicts the proposed house, rather than the existing property.
Keal Cotes is a village in the East Lindsey district of Lincolnshire, on the A16 between Louth and Boston. The surrounding area is countryside, with walking and cycling routes nearby. The property is freehold. Broadband and mobile coverage information is based on neighbouring properties, and the EPC and council tax band are not stated.
The sale is by auction, with bidder registration and a legal pack available through the auctioneers. Buyers should review the planning documents, auction conditions and property condition before bidding. A documentation charge of £1,800 including VAT is payable by the purchaser on completion of the auction sale.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
35out of 100
Grade ELow opportunity
Confidence: LOW
This is a high-risk, heavy project rather than a conventional renovation: the bungalow is described as fire damaged, and the overgrown grounds need clearing before the site and building can be properly assessed. The photos do not establish the extent of the damage, and the polished replacement-house image is a CGI, not the existing property.
The clearest opportunity is the approximately 0.18-acre plot and stated permission to demolish the bungalow and build a three-bedroom detached house with a detached double garage. The £80,000–£100,000 guide is a headline figure only: floor area is missing, so value against local £/sqf cannot yet be judged. Verify the planning consent and its current status, and allow for a substantial site and build programme; auction bidding can take the hammer above the guide, so the eventual price may not stay at this level.
Key opportunities
- The stated demolition and replacement-house consent offers a route to create a new three-bedroom detached home with a detached double garage; verify the permission and its current status.
- The approximately 0.18-acre plot gives scope to shape the new home and its setting, subject to measured survey and the consent.
- Clearing the dense vegetation would open up access and allow the plot and existing building to be assessed properly.
Key risks
- Fire damage is stated, but its extent is not established by the exterior-only photographs; the overgrown site also limits inspection.
- A fire-damaged bungalow, dense vegetation and a replacement build make this a full site-and-build programme, not a cosmetic refresh; plan for substantial time, coordination and budget.
- Floor area is missing, so value against local £/sqf cannot yet be judged.
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Transport
Nearest stations
Thorpe Culvert Rail Station
6.7 miles
Train · Thorpe Culvert
Wainfleet Rail Station
8.3 miles
Train · Wainfleet All Saints
Havenhouse Rail Station
9.8 miles
Train · Havenhouse
Boston Rail Station
10.8 miles
Train · Boston
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£302
Based on a loan of £60,000 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.
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