Summary - The Oaks, Newbridge Lane, Covenham St. Mary, LOUTH LN11 0PQ
5 bed 3 bath Barn Conversion
Outline permission approved for two dwellings in sought-after Lincolnshire village.
- Outline planning granted Dec 2024 for two residential dwellings
A rare development parcel on the edge of the Lincolnshire Wolds, The Oaks comprises three adjoining barns with outline planning granted (Dec 2024) to form two residential dwellings. The scheme allows a two-storey three-bedroom barn and a single-storey two-bedroom barn; there is scope to reconfigure the site into one larger house with a self-contained annexe. The site sits within mature grounds around a central courtyard, with established driveway access and generous space for parking and gardens.
The buildings are solid brick with large openings and good natural light, offering clear potential for spacious, characterful homes. Services are understood to be accessible to the site, and the plot benefits from low flood risk and a very large plot size — attractive for buyers seeking outside space and privacy in a village setting.
Readily quantifiable risks: the barns are in a rustic/derelict state and require repair work (roof and internal refurbishment likely), broadband speeds are very slow, and council tax is described as quite expensive. The property is offered freehold and will be sold at auction (stating bids £155,000) with a reservation fee; on-site viewings are recommended to judge scope and costs accurately.
This opportunity suits developers or experienced self-builders targeting countryside conversions or rental stock in a low-crime, established farming community. Factor in renovation costs, slower connectivity, and auction timescales when assessing viability.
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