Worst House on the Street Logo
Building Plot, 24 Park Avenue, Billinghay, Lincoln LN4 - Image 1
Building Plot, 24 Park Avenue, Billinghay, Lincoln LN4 - Image 2

Building Plot, 24 Park Avenue, Billinghay, Lincoln LN4

East Midlands

£125,000

Listed on 30/05/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This property presents a noteworthy development opportunity in a well-established residential area, ideally located near the village centre with convenient access to local amenities. It is particularly suited for smaller builders looking to capitalize on a prime plot that has received outline planning permission for the construction of two semi-detached houses. Some matters remain reserved, including access considerations. Currently, the site can be accessed via Park Avenue, but there may be potential to establish an alternative access from Ringmoor Close, contingent upon obtaining the necessary permissions. Interested parties are encouraged to conduct their own inquiries regarding this aspect. The vendor has indicated that essential services such as electricity, water, and drainage are already connected to the site, making it a more attractive prospect for development in this East Midlands location.

Investment Analysis

(LN4 area)
Area Average
£241/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -0.9%
5 year growth: +6.7%
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

Building Plot, 24 Park Avenue, Billinghay, Lincoln LN4
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£472
Based on a loan of £93,750 over 30 years at 4.45% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates