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Land to the South of St. Peters Church, Langrick Road, LINCOLN, Lincolnshire, LN4 4XH

Marketed by:

Barnard Marcus

Barnard Marcus

Sovereign House, 361 King St, London W6 9NA, UK

020 8741 9990

Sold

Development Land, Lincoln

Land to the South of St. Peters Church, Langrick Road, LINCOLN, Lincolnshire, LN4 4XH

Sold

£100,000+

Key Features


  • Land

  • Freehold

  • Planning permission mentioned

Description


Freehold land Measuring approximately 9.75 acres, subject to measured survey Road fronting Description A freehold piece of land located in New York, Lincolnshire, which is positioned approximately 8 miles from the centre of Boston. The classification of the land is Grade 2 agricultural, meaning that it is classed as ‘very good quality agricultural land’ (definition taken from the government website). Agricultural Land Classification: Grade 2: Land with minor limitations that affect crop yield, cultivations or harvesting. A wide range of agricultural and horticultural crops can usually be grown. On some land in the grade there may be reduced flexibility due to difficulties with the production of the more demanding crops, such as winter harvested vegetables and arable root crops. The level of yield is generally high but may be lower or more variable than grade 1. The seller has advised the following: corral at the front containing a stable and touring caravan. A horse lorry, a corral at


Location


Property located at Land to the South of St. Peters Church, Langrick Road, LINCOLN, Lincolnshire, LN4 4XH.


Investment Analysis


Investment Snapshot


Guide Price

£100,000+



Tenure

Freehold



Property Type

Land & Development



EPC

Not stated



Published Rent

Not stated



Initial Refurbishment Allowance

Development costs require site-specific appraisal



Suggested Strategy

Development




Property & Refurbishment


Initial feasibility allowance: Development costs require site-specific appraisal. This is not a contractor quotation and should be confirmed following inspection and detailed scope.


Rental Analysis


No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.


GDV / Resale Analysis


No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.


Properties Sold Within Approx. 5 Miles


No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.


Investor Risks & Due Diligence


  • Review the full legal pack and title before bidding

  • Confirm all auction administration / contract charges

  • Verify property condition and obtain appropriate surveys

  • Confirm refurbishment costs with contractor quotations

  • Verify planning status, access, services and development constraints


Recommendation


Preferred strategy: Development. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.


Strategy Rating


Development: ★★★★☆

Buy-to-Let: ★★☆☆☆

Flip: ★★★☆☆

Auction Details : 

Barnard Marcus

Auction Date : 

10/09/26

Lot Number : 

269

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

Land to the South of St. Peters Church, Langrick Road, LINCOLN, Lincolnshire, LN4 4XH

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