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3 bed property, in Midgelow, £550,000
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3 bed property

Midgelow, Low Road, Wainfleet St Mary, Skegness
Planning
£550,000

Our Summary

  • Outbuildings with potential
  • The detached three-bedroom house includes kitchen and pantry, sitting / dining room, bathroom and office area, requiring modernisation and offering clear potential for improvement
  • It is for sale alongside a paddock, large brick outbuilding with potential and an open barn / car port
  • The buildings may be eligible for permitted development for conversion to residential or alternative use (subject to obtaining the necessary consents)
  • However, the arable land is subject to an FBT and the Property is to be sold subject to an overage for 25 years whereby 25% of any uplift in value over the prevailing permitted existing use value following the grant of any planning permission for any future uses other than agricultural and equestrian will be payable to the Vendor or their successors

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Description

This 12-acre smallholding is a rare opportunity to acquire a three-bedroom house, two outbuildings, a large field, and woodland on the outskirts of Wainfleet St Mary. The detached house requires modernization and offers potential for improvement, while the outbuildings have the possibility of being converted for residential or alternative use, subject to obtaining necessary consents. The property is being sold with vacant possession and is freehold, except for the arable land which is subject to an FBT.

The village of Wainfleet St Mary is located near the seaside resort of Skegness and has easy road links to nearby towns.