Main Street, Mareham-Le-Fen, Boston, Lincolnshire PE22
East of England
£165,000
Listed on 22/09/2026
Listed on 22/09/2026
The listing
Property details
Bedrooms
1Type
LandDescription
A village development site on Main Street in Mareham-le-Fen, offered with outline planning permission for two dwellings. The permission was granted by East Lindsey District Council under application S/114/00477/23 on 14 September 2026, with access, appearance, landscaping, layout and scale reserved for later approval. The site is subject to a Section 106 Agreement dated 9 September 2026, including a contribution towards a play area. Interested parties should review the permission and agreement and make their own enquiries about the site and proposed scheme before proceeding.
Mareham-le-Fen is set among Lincolnshire countryside and is within reach of Boston and Horncastle for a broader range of shops, schools, restaurants and leisure facilities. The village and surrounding area offer access to open countryside and walking and cycling routes, including the Lincolnshire Wolds.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
42out of 100
Grade ELow opportunity
Confidence: LOW
This is a land-led opportunity rather than a renovation of an existing house: the sizeable, open plot has Main Street frontage in an established village, and outline permission is stated for two dwellings. The site is currently overgrown, so clearing the vegetation is an early practical step; access, appearance, landscaping, layout and scale remain subject to reserved matters, and the Section 106 obligations should be checked.
The WHOTS score is 42/100 (Grade E), reflecting limited overall evidence rather than a judgement that the price is high. Floor area is missing, so value versus local £/sq ft cannot yet be judged; renovation economics are also insufficiently evidenced. The photographs show no completed dwelling or internal accommodation.
Key opportunities
- Explore the stated outline permission for a two-dwelling scheme, subject to reserved matters approval.
- Use the sizeable open plot and Main Street frontage to shape a scheme suited to the established village setting.
- Clear the tall grass and boundary vegetation to prepare the site for further assessment and work.
Key risks
None recorded.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£623
Based on a loan of £123,750 over 30 years at 4.45% interest
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