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Development Site, Monument Road, Bicker, Boston, Lincolnshire PE20 - Image 1
Development Site, Monument Road, Bicker, Boston, Lincolnshire PE20 - Image 2
Development Site, Monument Road, Bicker, Boston, Lincolnshire PE20 - Image 3

Development Site, Monument Road, Bicker, Boston, Lincolnshire PE20

East of England

£300,000
Listed on 10/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling chance for residential development in the charming village of Bicker, South Lincolnshire. With outline planning permission already secured for the construction of up to 8 dwellings, this site encompasses just over 1 acre and includes opportunities for additional adjoining land available through separate negotiation. The granted permission also outlines the provision for 4 affordable housing units as part of a rural exception site, complete with necessary infrastructure and landscaping plans. It offers a unique investment potential given the terms of the section 106 agreement which mandates discounted sales on these affordable homes. Prospective buyers should conduct their own inquiries regarding service availability as no assessments have been performed by the current agent. This is an excellent opportunity for developers looking to contribute to community housing while capitalizing on a growing market in this desirable region.

Investment Analysis

(PE20 area)
Area Average
£218/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (PE20)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -3.3%
5 year growth: +25.3%
Investment Disclaimer: Analysis based on PE20 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

Development Site, Monument Road, Bicker, Boston, Lincolnshire PE20
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% 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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