The Common, Burgh Le Marsh, Skegness
By Willsons
£ 86,000
Reviews
2 out of 5 stars
Willsons says ..
An exciting opportunity to purchase a good sized individual building plot situated off Common Lane in the popular market town of Burgh le Marsh. The site has the benefit of an internal access roadway and mains electricity, water, BT and drainage being available to the plot.
Property Oracle says ..
This property listing presents an opportunity to build a new home on a plot of land in Burgh Le Marsh, Lincolnshire. The location offers a balance of rural tranquility and access to local amenities. The nearby market town provides everyday necessities, while the proximity to Skegness offers additional options. However, the nearest train station is several kilometers away, and the local primary school’s Ofsted rating requires improvement. The land itself is currently undeveloped, requiring significant investment in construction. The provided architectural plans illustrate a substantial, two-story house with four bedrooms and what appears to be a generous plot size. The list price is lower than some comparable properties in the area, but this must be weighed against the substantial costs of construction. Potential buyers should carefully assess the total cost of the project, including construction, materials, and professional fees, to determine the overall financial viability. The lack of existing structure and the need for complete construction are key factors to consider. The site’s location within Burgh Le Marsh offers a blend of rural and town living, with local amenities and transport connections, albeit not extensive. The overall value proposition depends heavily on the buyer’s ability to manage the construction process and budget effectively. A thorough due diligence process is recommended before committing to this project.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 3
- Location
- 6
- Land
- 7
- 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
- 282,222.00 £Decreased by 4.78 %
- Average area rental value
- 1,223.00 £/moIncreased by 4.80 %
- Est rental Yield
- 5.20 %Increased by 10.17 %
- Crime Rate
- 19.00 %Unchanged by 0.00 %
Agent Activity
Willsons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The St Peter And St Paul C Of E Primary School | Voluntary Controlled School | Requires improvement | 1.21 KM |
| Wainfleet Magdalen Children'S Centre | Children's Centre | 6.48 KM | |
| The Wainfleet Magdalen Church Of England/Methodist School | Academy Sponsor Led | Good | 6.51 KM |
| St Helena'S Church Of England Primary School, Willoughby | Voluntary Controlled School | Requires improvement | 8.67 KM |
| The Viking School | Other Independent School | Requires improvement | 8.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Jacksons Lane | £ 230,000 | 0 | 0.00 KM |
| Market Close | £ 0 | 0 | 0.00 KM |
| Beacon Park Close | £ 0 | 0 | 0.00 KM |
| The Common | £ 0 | 0 | 0.00 KM |
| Saint Pauls Close | £ 220,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Havenhouse | 6260 | HVN | 6.08 KM |
| Wainfleet | 6268 | WFL | 6.76 KM |
| Thorpe Culvert | 6267 | TPC | 7.21 KM |
| Skegness | 6265 | SKG | 9.61 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Common, Burgh Le Marsh, Skegness | £ 95,000 | BUY | 5 / 10 | 0.00 KM |
| The Common, Burgh Le Marsh, Skegness | £ 86,000 | BUY | 5 / 10 | 0.00 KM |
| The Common, Burgh Le Marsh, PE24 | £ 240,000 | BUY | 6 / 10 | 0.01 KM |
| Claremont Road, Burgh Le Marsh, Skegness | £ 240,000 | BUY | Unknown | 0.08 KM |
| Claremont Road, Burgh Le Marsh, Skegness | £ 260,000 | BUY | 7 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 17 Claremont Road | £ 142,000 | 0.10 KM |
| 12 Claremont Road | £ 225,000 | 0.10 KM |
| 9 Claremont Road | £ 169,950 | 0.10 KM |
| 13 Claremont Road | £ 161,000 | 0.10 KM |
| 6 Claremont Road | £ 174,000 | 0.10 KM |