Building Plot; To The Rear of, Billinghay, LN4
East Midlands
£240,000
Listed on 13/11/2026
Listed on 13/11/2026
The listing
Property details
Bedrooms
3Type
PlotDescription
A freehold residential development site on the outskirts of Billinghay, comprising three individual plots. Full planning permission was granted on 4 September 2025 for three detached three-bedroom bungalows, each with a garage, arranged in a small cul-de-sac. The proposed homes are shown with open views towards the surrounding countryside. The site may suit a developer or an individual self-build project. Planning details are available from the selling agent or the North Kesteven District Council planning portal; buyers should verify the permission and its requirements independently.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
41out of 100
Grade ELow opportunity
Confidence: LOW
At £240,000, this is a development opportunity rather than a finished home: the listing states that full planning permission was granted for three detached three-bedroom bungalows with garages, and the site has open countryside views. The grassed, undeveloped plot leaves the build and delivery to the buyer, so the appeal is in taking the permitted scheme forward or exploring an individual self-build. Verify the permission, its conditions and delivery requirements before proceeding.
The WHOTS score is 41/100 (E, Low Opportunity), with fundamentals the strongest component. Floor area is missing, so value against local £/sqf cannot yet be judged; the available information also does not establish renovation economics.
Key opportunities
- Take forward the stated full planning permission for three detached three-bedroom bungalows, each with a garage.
- The open countryside outlook and small cul-de-sac layout could help shape an appealing residential scheme.
- The plots may suit a developer delivering the scheme or a buyer pursuing an individual self-build.
Key risks
- Confirm the planning permission, conditions and practical delivery requirements, including any obligations or infrastructure needed to implement the scheme.
- Without a usable floor area, local £/sqf comparison and renovation economics cannot yet be assessed.
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Transport
Nearest stations
Ruskington Rail Station
4.6 miles
Train · Ruskington
Metheringham Rail Station
5.8 miles
Train · Metheringham
Heckington Rail Station
7.2 miles
Train · Heckington
Sleaford Rail Station
7.7 miles
Train · Sleaford
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 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£981
Based on a loan of £180,000 over 30 years at 5.13% 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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This calculation uses non-residential (land/commercial) tax rates.
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