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See how verdicts workProperty · PE23 4PY
For saleListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TES Property offer the exciting opportunity to purchase a building plot with full planning permission on an exclusive development of only four properties located in the village of Partney.
Planning Permission - With full planning permission granted for an exclusive detached property with a garage which internally comprises an open plan kitchen dining living area, additional lounge, study, utility and ground floor shower room.
To the first floor there are four double bedrooms with an en-suite and dressing area to bedroom 1, along with an additional family bathroom.
Location - The charming village of Partney is situated on the edge of the Lincolnshire Wolds surrounded by stunning countryside, a designated an Area of Outstanding Natural Beauty.
The village is within easy reach of the quaint market town of Spilsby, which is approximately 16 miles to the popular town of Louth and only 13 miles to the coastal town of Skegness.
The village of Partney has a primary school and parish church, whilst other amenities are only a short drive away.
Planning Reference - 02768/25/FUL Services - The plot benefits from a 3-phase electrical supply in place. Tenure - The property is believed to be freehold and we await solicitors confirmation.
Viewings - By prior appointment through TES Property office in Louth admin. Opening Hours - Monday to Friday 9:00am to 5:00pm Saturday 9:00am to 1:00pm
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Plot 2, Skegness Road, Partney
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