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Land North Side Of Laceys Lane, Leverton, Boston, Lincolnshire PE22 - Image 1
Land North Side Of Laceys Lane, Leverton, Boston, Lincolnshire PE22 - Image 2
Land North Side Of Laceys Lane, Leverton, Boston, Lincolnshire PE22 - Image 3

Land North Side Of Laceys Lane, Leverton, Boston, Lincolnshire PE22

East of England

£250,000
Listed on 01/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a promising residential development opportunity in the village of Leverton, located just north-east of Boston. With full planning permission already granted by Boston Borough Council for three two-storey dwellings, this site spans approximately 0.56 acres and is divided into two sections, all under one title. The proposed project includes two four-bedroom detached houses and a five-bedroom detached house, each featuring a double garage and positioned with direct road frontage. The village offers essential amenities such as a local shop, post office, village hall, church, and fire station, adding to the appeal for potential homeowners seeking community living. All relevant planning documentation can be accessed through the Boston Borough Council website under application reference B/21/0219. This development is well-positioned for investment in an area with growth potential.

Investment Analysis

(PE22 area)
Area Average
£218/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £300,000
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
15%
Properties sold annually

Local Market Trend (PE22)

Area prices are rising by +5.5% over the last 12 months
3 year growth: -4.1%
5 year growth: +14.4%
Investment Disclaimer: Analysis based on PE22 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

Land North Side Of Laceys Lane, Leverton, Boston, Lincolnshire PE22
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 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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