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5 bed Barn Conversion

Newbridge Lane, Louth, Lincolnshire, LN11 0PQ

£250,000
Residential
About this Property
250000
Modern
Residential
Description

This fantastic development opportunity lies in the highly sought after village of Covenham St Mary, on the edge of the Lincolnshire Wolds. Available to purchase with secure online bidding via auction, the site includes three adjoining barns residing within mature grounds which have outline planning permission / change of use granted to be converted into two self contained residential dwellings; One two storey barn conversion forming a three bedroom dwelling and One single storey barn conversion forming a two bedroom dwelling. We understand there is also scope for the whole site to be adapted into one larger dwelling with self contained annexe. The proposed development forms part of an existing farm yard and comprises of former agricultural buildings built around an open courtyard. The site has full access from Newbridge Road via an existing driveway , providing easy access for vehicles. We understand services are accessible to the site and the owner will retain rights of access to maintain the boundary walls. Brochures. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Location
More Information
Freehold
Newbridge Lane
character-property
Planing Authority
East Lindsey LPA

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