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Plot 5, Tothby Lane, Alford LN13 - Image 1
Plot 5, Tothby Lane, Alford LN13 - Image 2
Plot 5, Tothby Lane, Alford LN13 - Image 3

Plot 5, Tothby Lane, Alford LN13

East Midlands

£165,000
Listed on 16/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This rare opportunity presents the final detached plot on the outskirts of Alford, combining the appeal of rural living with convenient access to town amenities. The property is part of a distinctive executive development, where full planning permission has already been granted (N/003/00166/20). With surrounding plots now in development for individual private homes, this remaining plot stands out as a promising investment. Situated on approximately 0.28 acres, this generous parcel benefits from ample garden space and scenic views over adjacent countryside fields. Proposed plans encompass a four-bedroom detached dwelling boasting 310 square meters of living area. The design emphasizes an open-plan kitchen and dining area complemented by three additional reception rooms, offering versatile living spaces. Upstairs, two of the four double bedrooms are designed with dressing rooms and ensuite facilities, enhancing comfort and convenience for families. Access to the property will be via a shared private driveway, with maintenance responsibilities split among the owners of adjoining plots. This setup not only fosters community but also contributes to manageable upkeep costs. The location itself is a key asset; positioned on the western edge of Alford, residents can enjoy the tranquility of rural life while being within walking distance to essential amenities like shops, pubs, and grocery stores. Alford is known for its market charm and community events, along with strong transport links via the nearby A16 trunk road that facilitate straightforward journeys to larger towns such as Louth and Skegness. All necessary services are planned and partially installed up to connection points on site. The current vendor has taken steps towards ensuring accessibility for prospective homeowners while maintaining compliance with local regulations. In summary, this plot represents not only a chance to build a customized home tailored to personal preferences but also an attractive investment in a developing area characterized by both natural beauty and community spirit. As construction progresses on neighboring plots, there’s potential for capital appreciation as demand in this picturesque market town continues to grow. Viewing arrangements can easily be made through the agent for serious inquiries into this promising opportunity.

Investment Analysis

(LN13 area)
Area Average
£226/sq ft
Monthly Sales
4
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (LN13)

Area prices are falling by +10.6% over the last 12 months
3 year growth: -13.4%
5 year growth: 2.0%
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.

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Location

Plot 5, Tothby Lane, Alford LN13
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