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Vacant Freehold Former Retirement Development
Address
See address
Auction date
22 Oct 2026
Guide price
£455,000
Type
Other
Tenure
Freehold
EPC Rating
D
Status
Upcoming
Description
Presenting a unique opportunity, this vacant freehold former retirement development comprises 21 self-contained units situated in communal grounds over an acre. This property includes 20 studio bungalows and one two-bedroom flat, ideal for redevelopment or rental potential.
- Ground Floor: Studios 1-20, each with Bed Sitting Room, Kitchen, Bathroom/WC.
- First Floor: Flat 21 featuring Reception Room, Kitchen, Two Bedrooms, Bathroom/WC.
- Communal Grounds with potential for further enhancement.
- Energy Performance Rating: All units rated D.
- Council Tax Band: All rated D.
- Tenure: Freehold – Vacant possession upon completion.
Investors and developers will appreciate the potential for refurbishment and increased rental income. Situated in a tranquil setting near Louth, the area offers excellent local amenities while benefiting from the charm of village life.
Last update: 01 Oct 2026
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