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Davids Lane, Benington PE22

East of England

£90,000
Listed on 19/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This property presents a noteworthy opportunity for investment, featuring a former Village Hall set on approximately 0.3 acres near the village center of Benington. The plot is located along the desirable Davids Lane, providing easy access to local amenities. With a generous frontage of around 30 meters and a depth of 75 meters, this site offers considerable potential for redevelopment. Previous planning permissions were granted to convert the hall into a residential dwelling and to clear the existing structure to make way for one new home; however, these permissions have since lapsed. Given its situation next to an open field, there may be further possibilities for creative development approaches that could capture scenic views. Key services such as mains electricity, water, and drainage are already connected at the site, which can significantly reduce initial setup costs for any future projects. Prospective buyers should ensure site measurements are verified by their own surveyor prior to making an offer.

Investment Analysis

(PE22 area)
Area Average
£217/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE22)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -5.9%
5 year growth: +11.3%
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

Davids Lane, Benington PE22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£319
Based on a loan of £67,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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