Jackson Green & Preston says ..

Property Oracle says ..

This property is a 1.14-hectare (2.81-acre) plot of land located at the corner of Hewitts Avenue and Peaks Lane in New Waltham, Lincolnshire. The listing explicitly targets developers, highlighting its potential for development. The land itself appears undeveloped from the photos provided and might need remediation work before construction. The location in New Waltham is advantageous, given its proximity to schools (New Waltham Academy, Enfield Academy) and transport links to Grimsby. Nearby property prices suggest a range from £135,000 to over £200,000 for developed properties, indicating potentially higher value once developed. However, the current state of the land needs addressing, impacting its current value. The list price reflects the need for significant investment and development costs before realizing the full potential of this site. The absence of specific details like existing infrastructure or planning permissions necessitates careful due diligence before any investment decision.

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

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