The Common, Burgh Le Marsh, Skegness
WI

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 %
from 296,398.00 £
Average area rental value
1,223.00 £/mo
Increased by 4.80 %
from 1,167.00 £/mo
Est rental Yield
5.20 %
Increased by 10.17 %
from 4.72 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Willsons created the listing.

Nearby Schools

NameTypeOfstedDistance
The St Peter And St Paul C Of E Primary SchoolVoluntary Controlled SchoolRequires improvement1.21 KM
Wainfleet Magdalen Children'S CentreChildren's Centre6.48 KM
The Wainfleet Magdalen Church Of England/Methodist SchoolAcademy Sponsor LedGood6.51 KM
St Helena'S Church Of England Primary School, WilloughbyVoluntary Controlled SchoolRequires improvement8.67 KM
The Viking SchoolOther Independent SchoolRequires improvement8.78 KM

Images

Picture1.jpg House Type B Front.png House Type B Rear.png Picture3.jpg Picture4.jpg House Type B Side.png House Type B Floorplan - Ground Floor.png House Type B Floorplan - First Floor.png Picture9.png

Nearby Streets

NameAverage PriceAverage SqftDistance
Jacksons Lane £ 230,00000.00 KM
Market Close £ 000.00 KM
Beacon Park Close £ 000.00 KM
The Common £ 000.00 KM
Saint Pauls Close £ 220,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Havenhouse6260HVN6.08 KM
Wainfleet6268WFL6.76 KM
Thorpe Culvert6267TPC7.21 KM
Skegness6265SKG9.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Common, Burgh Le Marsh, Skegness £ 95,000BUY5 / 100.00 KM
The Common, Burgh Le Marsh, Skegness £ 86,000BUY5 / 100.00 KM
The Common, Burgh Le Marsh, PE24 £ 240,000BUY6 / 100.01 KM
Claremont Road, Burgh Le Marsh, Skegness £ 240,000BUYUnknown0.08 KM
Claremont Road, Burgh Le Marsh, Skegness £ 260,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
17 Claremont Road £ 142,0000.10 KM
12 Claremont Road £ 225,0000.10 KM
9 Claremont Road £ 169,9500.10 KM
13 Claremont Road £ 161,0000.10 KM
6 Claremont Road £ 174,0000.10 KM