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Land Adjacent To Green Pastures, Main Road, Withern, Alford, Lincolnshire LN13 - Image 1
Land Adjacent To Green Pastures, Main Road, Withern, Alford, Lincolnshire LN13 - Image 2
Land Adjacent To Green Pastures, Main Road, Withern, Alford, Lincolnshire LN13 - Image 3

Land Adjacent To Green Pastures, Main Road, Withern, Alford, Lincolnshire LN13

East Midlands

£165,000
Listed on 01/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This substantial one-acre building plot in the East Midlands is an excellent opportunity for investment, complete with full planning permission (Ref: 02227/25/ful) to construct a detached bungalow and double garage. The approved designs feature a modern open-plan layout, incorporating two en-suite bedrooms alongside a third bedroom and family bathroom, presenting an exceptional starting point for developing a high-specification residence. With serene open field views and an atmosphere of privacy, this semi-rural location provides a unique setting for creating a bespoke home. Prospective buyers are encouraged to visit the plot to fully appreciate its size, position, and potential for development. Comprehensive planning documentation can be accessed through the East Lindsey District Council’s online portal.

Investment Analysis

(LN11 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

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
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on LN11 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 Adjacent To Green Pastures, Main Road, Withern, Alford, Lincolnshire LN13
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£604
Based on a loan of £123,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE