1 bedroom property for sale

Offers in region of £76,850

Interested in this property? Call 01245 409116 (local rate) or Arrange viewing

Property info

Property features

  • Rural Location, No Chain, Offstreet Parking, Garden(s)
  • Planning Permission Available

Property description

Overview
Are delighted to offer this character former Wesleyan Chapel with current planning permission to create a one bedroom holiday cottage (3 years remaining - granted 16.11.2010). Planning allows for 52 weeks per annum occupancy with a maximum occupancy by an individual not to exceed three calendar months in any twelve month period.

The plans are for a mezzanine bedroom with lounge, kitchen and bathroom to the ground floor. The outside allows off-road parking and garden with panoramic rural views. There is also potential for the development to be considered for a Redundant Rural Buildings Grant which refunds 25% of all work and professional fees on up to £225, 000 of the project.

Architect and structural engineering plans available.

Once rennovation is completed in line with planning permission the property could realise an annual rental income in the region of between £11, 000 - £16, 000 in line with estimates provided by a leading holiday letting agency.

This detached property is located in a peaceful rural location but is within two miles of the A16 for easy access. The local area is noted for outdoor activities such as fishing, walking, cycling and landscape painting.

Located between Horncastle (12.5 miles), Skegness (13 miles) and Boston (13 miles) for facilities and amenities including; shops, supermarket, restaurants, pubs, doctors, dentist, post office, leisure centre, and golf course. The nearest primary and secondary schools are Toynton All Saints Primary School (1.2 miles) and The Eresby School (2.8 miles).

The property measures approximately 388.4 sq ft.

Viewings arranged via House Network Ltd.

Internal 24'2 x 16'1 (7.37m x 4.90m)
Currently: Sash windows to front and rear, arch window to side, entrance door, vaulted ceiling.

Outside
Plans for off-road parking and garden areas with panoramic rural views.

Plans


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For more information about this property, please contact
House Network, CM4 on 01245 409116 (local rate)

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Similar properties for sale nearby

37 more properties like this

This freehold 1 bedroom property, located in C/O Chapel Farm, Fen Road, Toynton All Saints, Lincolnshire PE23 is listed for sale for £76,850 . The current asking price is 71% lower than the average current value for properties on C/o Chapel Farm Fen Road which is £267,319. There have been 0 property sales on C/o Chapel Farm Fen Road in the last 3 years, with sold house prices averaging --. This property has 1 bedroom and is located in Toynton All Saints.

View all Fen Road property for sale

PE23 Zed-Index What is the Zed-Index
£161,432 £194,815 £113,141 £100,564 £72,756

stats for 
Value change
£915 (-0.56%) £8,010 (-4.73%) £6,660 (-3.96%) £11,105 (-6.44%) £754 (0.47%) £26,491 (-14.10%) £27,163 (-14.40%)
from 
Avg. price paid: £155,923
No. of property sales: 93
Avg. price paid: £162,038
No. of property sales: 286
Avg. price paid: £170,042
No. of property sales: 589
Avg. price paid: £169,574
No. of property sales: 972

Avg. asking price in PE23: £215,672
No. of properties for sale in PE23: 73
Avg. asking rent in PE23: £642 pcm
No. of properties to rent in PE23: 5

Property value data/graphs for PE23

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £194,815 £142 3.6 £195,285
Semi-detached £113,141 - 2.8 £105,352
Terraced £100,564 £109 2.6 £98,970
Flats £72,756 - 2.1 £92,500

Current asking prices in PE23

Avg. current asking prices in PE23
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £76,450
(4)
£141,895
(10)
£170,312
(27)
£270,745
(19)
£345,979
(12)
Flats - - - - -
All £76,450
(4)
£141,895
(10)
£170,312
(27)
£270,745
(19)
£345,979
(12)

Current asking rents in PE23

Avg. current asking prices in PE23
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £394 pcm
(1)
£737 pcm
(2)
- £849 pcm
(1)
Flats - £494 pcm
(1)
- - -
All - £444 pcm
(2)
£736 pcm
(2)
- £849 pcm
(1)

Fun facts for PE23

Highest value in PE23
Highest value streets Zed-Index What is the Zed-Index
Deep Lane £319,420
Bowmans Ridge £315,350
£308,120
North Beck Lane £291,728
Aswardby £291,253
Highest turnover in PE23
Highest turnover streets Turnover What is Turnover?
Scremby Road 40.0%
Franklin Way 40.0%
Spilsby Road 38.9%
Erebus Close 33.3%
Woodlands View 32.3%

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