High Street, Burgh Le Marsh, Skegness
WI

High Street, Burgh Le Marsh, Skegness

By Willsons

£ 140,000

Reviews

3 out of 5 stars

Willsons says ..

Superior individual building plot with full planning permission for a 3 bedroom detached bungalow with garage in the popular market town of Burgh Le Marsh, being 5 miles inland from Skegness. The plot extends to over a third of an acre and is situated in a private location with gated access close...

Property Oracle says ..

This listing presents a building plot in Burgh Le Marsh, Lincolnshire. The property is not a finished dwelling but a plot of land with approved plans for a three-bedroom detached bungalow. The land size is noteworthy, giving potential for a substantial property. The location itself offers a balance of village community life and access to the coast. While relatively close to a primary school, it’s worth noting the school’s Ofsted rating indicates areas requiring improvement. The presented images reveal the land needs considerable landscaping and preparation before construction can begin; this should be factored into potential buyers’ estimations. While there’s no indication of nearby transportation issues, it might be advisable to evaluate the frequency and convenience of public transport links to nearby larger towns and cities. The price of \£140,000 seems reasonable for a plot of this size, though future development costs must be accounted for. Prospective buyers should carefully consider the necessary preparatory work required, in addition to the cost of construction itself. The potential for creating a family home in a tranquil village setting is balanced by the challenges of groundworks and building. Overall, this presents an opportunity for building a custom home, but necessitates budgeting and planning for a comprehensive development process.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
0
Bathrooms
0
Sqft (est)
1,700.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
282,222.00 £
Decreased by 4.78 %
from 296,398.00 £
Est sale value
465,800.00 £
Increased by 0.74 %
from 462,400.00 £
Average area rental value
1,223.00 £/mo
Increased by 4.80 %
from 1,167.00 £/mo
Est letting value
1,700.00 £/mo
Unchanged by 0.00 %
from 1,700.00 £/mo
Est rental Yield
5.20 %
Increased by 10.17 %
from 4.72 %
Crime Rate
69.00 %
Unchanged by 0.00 %
from 69.00 %

Agent Activity

  • Willsons created the listing.

Nearby Schools

NameTypeOfstedDistance
The St Peter And St Paul C Of E Primary SchoolVoluntary Controlled SchoolRequires improvement0.44 KM
Wainfleet Magdalen Children'S CentreChildren's Centre6.07 KM
The Wainfleet Magdalen Church Of England/Methodist SchoolAcademy Sponsor LedGood6.11 KM
St Helena'S Church Of England Primary School, WilloughbyVoluntary Controlled SchoolRequires improvement8.43 KM
The Viking SchoolOther Independent SchoolRequires improvement9.47 KM

Images

South East Corner Of Plot South West Corner Of Plot North East Corner Of Plot North West Corner Of Plot Roadway To The Plot Roadway To The Plot aerial photo (2).jpg Block Plan Western and Eastern Elevations Site Plan Northern and Southern Elevations

Nearby Streets

NameAverage PriceAverage SqftDistance
Jacksons Lane £ 230,00000.00 KM
Market Close £ 000.00 KM
Saint Pauls Close £ 220,00000.00 KM
St. Pauls Close £ 000.00 KM
Beacon Park Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Havenhouse6260HVN6.21 KM
Wainfleet6268WFL6.38 KM
Thorpe Culvert6267TPC6.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Burgh Le Marsh, Skegness £ 140,000BUY6 / 100.00 KM
Church Street, Burgh Le Marsh, PE24 £ 175,000BUYUnknown0.11 KM
Church Street, Burgh Le Marsh, Skegness, PE24 5LB £ 250,000BUY6 / 100.11 KM
Church Street, Burgh Le Marsh, PE24 £ 250,000BUY7 / 100.11 KM
Church Street, Burgh Le Marsh, Skegness £ 240,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
13 Church Street £ 162,9000.11 KM
7 Church Street £ 210,0000.11 KM
3 Church Street £ 210,0000.11 KM
11 Orby Road £ 255,0000.11 KM
12 Orby Road £ 215,0000.11 KM