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Skirth Road, Billinghay, Lincoln LN4 - Image 1
Skirth Road, Billinghay, Lincoln LN4 - Image 2
Skirth Road, Billinghay, Lincoln LN4 - Image 3

Skirth Road, Billinghay, Lincoln LN4

East Midlands

£450,000
Listed on 07/10/2025

Property Details

Bedrooms
N/A
Type
Land

Description

This development site on Skirth Road in Billinghay, Lincolnshire presents an exceptional investment opportunity, being approximately 9 miles from Sleaford and 15 miles from Boston. With planning permission already secured for the construction of four detached dwellings, this site is well-positioned for residential growth. Current developments on the property include fully serviced plots for mains electricity, water, and drainage, along with partial roadway construction. While Plot 4 has been completed, Plots 1, 2, 3, and 5 are primed for development under outline and full planning permissions granted between 2016 and 2019. Buyers should note the requirement to complete the remaining roadway within a two-year timeframe post-sale. This site not only offers immediate development potential but also aligns with ongoing residential demand in the region.

Investment Analysis

(LN4 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.0%

Renovation Potential

Medium 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
33
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.1%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on LN4 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

Skirth Road, Billinghay, Lincoln LN4
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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
£1,623
Based on a loan of £337,500 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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