Land and Outbuilding, Ings Lane, Fotherby, LN11
By Masons Sales
£ 40,000
Reviews
2 out of 5 stars
Masons Sales says ..
An interesting and rare opportunity to acquire a small plot of land with an existing single storey brick and tiled building (5.4m x 4.25m externally) which has for some years been used as a garage/store. Based upon measurements taken on site to the apparent boundaries the land has an average dept...
Property Oracle says ..
This listing presents an opportunity to acquire a small plot of land with an existing brick outbuilding in the rural village of Fotherby, Lincolnshire. The property is described as suitable for a variety of uses but lacks precise measurements for the land and building. The outbuilding is shown in the photo as appearing somewhat dated, and may require modernisation, maintenance or refurbishment. While the location offers tranquility, it’s important to acknowledge that the area is quite rural, with buyers needing to consider the distance to amenities such as schools and shops in nearby villages and towns such as Utterby and Louth. The absence of key details, such as precise square footage of both the land and building, makes a full and accurate evaluation challenging. However, based on the information available, the price of £40,000 seems reasonable considering the size of the plot and the included outbuilding, although further investigation is advisable to ensure the property aligns with a potential buyer’s needs and expectations. The lack of key metrics makes definitive statements difficult, it is important for prospective buyers to conduct thorough research and due diligence before making any decisions.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 4
- Land
- 3
- Bedrooms
- 0
- Bathrooms
- 0
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
- 429,406.00 £Increased by 15.47 %
- Average area rental value
- 1,048.00 £/moIncreased by 42.59 %
- Est rental Yield
- 2.93 %Increased by 23.63 %
- Crime Rate
- 0.00 %
Agent Activity
Masons Sales created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Utterby Primary Academy | Academy Converter | Good | 3.69 KM |
| Fulstow Community Primary School | Community School | Good | 5.11 KM |
| Greenwich House School | Other Independent School | Good | 5.80 KM |
| King Edward Vi Grammar School | Academy Converter | 6.26 KM | |
| North Thoresby Primary Academy | Academy Converter | Good | 6.41 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Benson Court | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| THE OLD POLICE HOUSE, MAIN ROAD, UTTERBY | £ 465,000 | BUY | 7 / 10 | 0.21 KM |
| Main Road, Utterby, LN11 | £ 245,000 | BUY | 5 / 10 | 0.35 KM |
| Holywell Lane, Utterby, LN11 | £ 345,000 | BUY | Unknown | 0.46 KM |
| Holywell Lane, Utterby, LN11 | £ 345,000 | BUY | 6 / 10 | 0.46 KM |
| Holywell Lane, Utterby LN11 0TU | £ 250,000 | BUY | 6 / 10 | 0.46 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Hotspurs | £ 280,000 | 0.46 KM |
| St Helens | £ 200,000 | 0.46 KM |
| Westland | £ 300,000 | 0.51 KM |
| Highfield House | £ 595,000 | 0.51 KM |
| Wideacres | £ 42,000 | 0.51 KM |