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£550,000

Midgelow, Low Road, Wainfleet St Mary, Skegness

Land size
12 acres
Bedrooms
3
Bathrooms
2

Key Features

  • 12 acres of land
  • Outbuildings with potential
  • Edge of village location
  • Three bedrooms

Description

A rare opportunity to acquire a 12 acre smallholding comprising a three-bedroom house along with two outbuildings, a large field and woodland, situated on the outskirts of Wainfleet St Mary.

The detached three-bedroom house includes kitchen and pantry, sitting / dining room, bathroom and office area, requiring modernisation and offering clear potential for improvement. It is for sale alongside a paddock, large brick outbuilding with potential and an open barn / car port.

The buildings may be eligible for permitted development for conversion to residential or alternative use (subject to obtaining the necessary consents).

The property is sold freehold with vacant possession on completion. However, the arable land is subject to an FBT. Further details are available on request.The Property is to be sold subject to an overage for 25 years whereby 25% of any uplift in value over the prevailing permitted existing use value following the grant of any planning permission for any future uses other than agricultural and equestrian will be payable to the Vendor or their successors. Further details available from the selling agents.

Property details

Tenure
Freehold
Council Tax Band
C
Date Posted
2026-01-29

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
Garden

Market Value Analysis

Based on properties with houses in East Midlands (10+ acres).

This Property£45,833 / acre
Regional Average (10+ acres)£20,090 / acre
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Enquire about this property

Contact Robert Bell & Company, Horncastle

Old BankChambers, Bull Ring, Horncastle, LN9 5HY

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