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West Street, Alford LN13

East Midlands

£225,000

Listed on 03/07/2026

The listing

Property details

Bedrooms
0
Type
Town House

Description

This site presents a compelling opportunity for redevelopment in the historic market town of Alford, extending over approximately 0.60 acres. With planning consent already in place for the construction of nine new residential units, this property allows an investor or developer to capitalize on the growing demand for housing in this desirable area. The layout, scale, and design details are flexible, enabling future owners to tailor the development according to their specifications once reserved matters are approved. The existing buildings include a former hotel and restaurant, which offer additional prospects for conversion into residential dwellings. Notably, one building, known as Rope Walk Lodge, is to be retained as part of the new scheme. The property’s prime location along West Street ensures easy access to local amenities such as shops, schools, and recreational facilities. Important considerations include obligations for demolition of shared structures in line with statutory requirements and planning conditions focusing on environmental factors like contamination and biodiversity. All necessary connections to utilities are expected to be available at the site. With the outlined potential for multiple residential units and a flexible redevelopment framework, this opportunity holds significant investment appeal.

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Map

Location

West Street, Alford LN13
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 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.

Tax

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