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Land on the east side of The Old Farmhouse, Old Main Road, Old Leake, Boston, Lincolnshire PE22 9HR

Auction Event
 

Guide Price £385,000+ plus fees


Thursday 26th March 2026

9.00am
Key Features
  • 4.7 acres of land (What 3 Words ///firepower.rumble.floating)
  • Outline for 32 units
  • Scope for care facility (subject to planning)
  • EPC Rating: Exempt

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Residential Development

Property Description:

Circa 4.7 acres of freehold land close to Boston, with a approved scheme (Outline Planning Permission) to provide a high-quality residential development with 20% of the dwellings made available as affordable homes for rent and/or shared ownership. At least 7% of the gross site area has been allocated as public open space and play area.

A further 800 Sq M has been set aside as a hard surface carpark for use by Old Leake Primary School.

There may also be potential for an alternative scheme to include some form of Residential Care/Care Facility with an appropriate reduction in the number of residential units, subject to further consent.

The site benefits from access to a good road network providing links to Boston and Skegness via the A52 and to public transport. Good local facilities and services are available nearby in terms of shopping and pub/restaurant, takeaway requirements

Access at what 3 words reference///firepower.rumble.floating.

The scheme proposed is for 32 dwellings (15 detached and 17 semi detached). planning reference B/21/0475 

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 3.6% of the purchase price inc. VAT

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. 
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