Sedge Ltd says ..

Property Oracle says ..

This listing presents an opportunity to build a new home in Kirton, Lincolnshire. The property consists of two self-build plots with planning permission already granted, removing a significant hurdle in the home-building process. The village location offers a balance between rural living and access to local amenities such as shops and schools. Kirton Primary School and Thomas Middlecott Academy are within a short distance of the site, which could be appealing to families. Transport links are available through nearby Boston, which has a rail connection. However, without knowing the precise size of each plot (the listing states 0.00 sqft, which is inaccurate), it’s difficult to assess the value definitively. The price of £230,000 covers two plots, so comparing this price to others requires careful consideration of the individual plot sizes. Nearby self-build plot sales in the same area are significantly lower, suggesting this might be priced at the higher end of the market or that the planning permission is a contributing factor in this higher price. Overall, the investment will involve construction costs on top of the land price, making it essential for prospective buyers to complete thorough due diligence regarding the financial implications before committing to the purchase. The floor plans provide an indication of the potential home’s layout and size, giving potential buyers a better idea of what could be constructed. Further investigation into the exact dimensions of the plots and a detailed breakdown of the planning permission would strengthen the information available to potential buyers, providing a clearer picture of the value proposition.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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