What's coming up at auction for the property developer buyer?
Wed 27 Sep 2023
This auction has so many opportunities for Residential developers looking for sites in beautiful settings, many of which come with planning permission."
James Mulhall, Residential and Auction Sales Manager, Lincoln.
A rarely available Residential Development opportunity has arisen to buy four beautiful barns at the livestream County Property Auction on 18th October at 3pm.
The Low Barn, High Street, Martin, Lincolnshire is for sale for a guide price of £550,000-£600,000. It offers four barns surrounding a courtyard garden, two of which have full planning permission to be converted into a four bedroom and a one bedroom property, respectively.
One barn has been converted already into a one bedroom home and the other does not have planning permission currently.
The converted barn offers lovely features including a vaulted ceiling with exposed beams in both the kitchen/living room and the bedroom. It has a fitted kitchen and en suite.
Also offering an opportunity for a developer or someone looking for a project is the Manor House, Main Street, Dorrington, Lincolnshire, for sale for a guide price of £475,000-£500,000.
This attractive stone and pantile home, believed to date to the 1600s with later additions, over three floors, has been partly renovated and now needs the work completing. It sits in a gorgeous plot of around 0.89 of an acre.
Or, another property which is a potential purchase for the Commercial investor/developer is 4 and 4a, The Terrace, Spilsby, near Skegness. This period building, for sale for a guide price of £90,000, once housed the Lloyds Bank which closed in 2019 and it comes with a four bedroom maisonette.
The property has a large sales area, offices, a kitchen, stores and still has the former bank's strong room.
Other auction lots include Potterdale, Cut End Road, Fishtoft, Boston, for sale for a guide price of £175,000.
This development opportunity offers five acres and planning permission for the demolition of an existing bungalow and the building of a three bedroom, two storey replacement dwelling.
Another developoment site is also for sale at 16, Shepherds Lane, Helpringham, Lincolnshire for sale for a guide price of £300,000. This has outline planning permission for seven dwellings; five detached houses and two semi-detached houses. The plots benefit from countryside views.
James Mulhall, Residential and Auction Sales Manager, based in our Lincoln office, said: "This auction has so many opportunities for Residential developers looking for sites in beautiful settings, many of which come with planning permission.
"We are delighted to offer such variety and urge developers looking for plots to build on or properties to convert and sell, to get in touch with us ahead of the auction next month."
You can contact James Mulhall, in our Lincoln office on 01522 504318.
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