Hermitage Lane, Polesworth, Tamworth
By Aston Knowles
£ 1,495,000
Reviews
3 out of 5 stars
Aston Knowles says ..
An exceptional opportunity to acquire a versatile barn development providing commercial accommodation, office suites, and extensive grounds with hardstanding. Generating a strong rental income of approximately £76,104 per annum, with potential to increase further, this investment offers a rare bl...
Property Oracle says ..
This barn conversion is located in Polesworth, Tamworth, in the desirable North Warwickshire area. The property benefits from being close to several highly-rated schools, including The Polesworth School and Birchwood Primary School, both rated as Outstanding by Ofsted. Transportation links are also convenient, with Polesworth train station within a reasonable distance, offering connections to other towns and cities. The property itself is a substantial barn conversion, boasting 5 bedrooms and 2 bathrooms, with a total area of 2,082.61 sqft. The plot size is 3,350 sqft, providing ample outdoor space. While specific condition details are not provided, the images suggest the property is in good condition. The list price of £1,495,000 is significantly higher than the average house price in the area (£305,408), however, the property is considerably larger than the average house (2,082.61 sqft vs 1,091 sqft). Considering that this is a barn conversion, a unique property type in the area, the price may reflect the premium associated with this type of property and its size. Further information on the property’s condition and recent comparable sales would be needed to definitively assess the price-to-value ratio.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 8
- Location
- 9
- Land
- 7
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 2,082.61
- Lot (est)
- 3,350.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 177,500.00 £Decreased by 41.11 %
- Est sale value
- 830,961.39 £Increased by 13.35 %
- Average area rental value
- 950.00 £/moIncreased by 6.98 %
- Est letting value
- 4,165.22 £/moIncreased by 100.00 %
- Est rental Yield
- 6.42 %Increased by 81.36 %
- Crime Rate
- 0.00 %
Agent Activity
Aston Knowles created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Polesworth School | Academy Converter | Outstanding | 1.27 KM |
| Birchwood Primary School | Academy Converter | Outstanding | 1.32 KM |
| Dordon Primary School | Academy Sponsor Led | Good | 2.12 KM |
| Three Peaks Primary Academy | Academy Sponsor Led | Good | 2.56 KM |
| The Nethersole Cofe Academy | Academy Sponsor Led | Good | 2.64 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hermitage Lane | £ 0 | 0 | 0.00 KM |
| Dark Lane | £ 0 | 0 | 0.00 KM |
| Robey's Lane | £ 0 | 0 | 0.00 KM |
| Robey's Lane | £ 0 | 0 | 0.00 KM |
| Birchwood Avenue | £ 375,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Polesworth | 1078 | PSW | 2.38 KM |
| Wilnecote (Staffs) | 1056 | WNE | 5.53 KM |
| Tamworth | 1322 | TAM | 6.64 KM |
| Atherstone | 1074 | ATH | 9.53 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Tamworth Road, Polesworth, Tamworth | £ 289,950 | BUY | Unknown | 0.39 KM |
| Cockspur Street, Birchmoor, TAMWORTH | £ 175,000 | BUY | Unknown | 0.69 KM |
| Cockspur Street, Birchmoor, TAMWORTH | £ 220,000 | BUY | 7 / 10 | 0.69 KM |
| New Street, Birchmoor | £ 210,000 | BUY | Unknown | 0.72 KM |
| New Street, Birchmoor | £ 160,000 | BUY | 6 / 10 | 0.72 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 104 Tamworth Road | £ 290,000 | 0.31 KM |
| 55 Cockspur Street | £ 147,000 | 0.68 KM |
| 83 Cockspur Street | £ 113,000 | 0.68 KM |
| 57 Cockspur Street | £ 96,000 | 0.68 KM |
| 61 Cockspur Street | £ 112,000 | 0.68 KM |