Hermitage Lane, Polesworth, Tamworth
AS

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 %
from 301,403.00 £
Est sale value
830,961.39 £
Increased by 13.35 %
from 733,078.72 £
Average area rental value
950.00 £/mo
Increased by 6.98 %
from 888.00 £/mo
Est letting value
4,165.22 £/mo
Increased by 100.00 %
from 2,082.61 £/mo
Est rental Yield
6.42 %
Increased by 81.36 %
from 3.54 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Aston Knowles created the listing.

Nearby Schools

NameTypeOfstedDistance
The Polesworth SchoolAcademy ConverterOutstanding1.27 KM
Birchwood Primary SchoolAcademy ConverterOutstanding1.32 KM
Dordon Primary SchoolAcademy Sponsor LedGood2.12 KM
Three Peaks Primary AcademyAcademy Sponsor LedGood2.56 KM
The Nethersole Cofe AcademyAcademy Sponsor LedGood2.64 KM

Images

DJI_0936.JPG DJI_0937.JPG DJI_0938.JPG DJI_0939.JPG DJI_0941.JPG DJI_0943.JPG DJI_0945.JPG DJI_0946.JPG 8448559-exterior27.jpg 8448559-exterior29.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Hermitage Lane £ 000.00 KM
Dark Lane £ 000.00 KM
Robey's Lane £ 000.00 KM
Robey's Lane £ 000.00 KM
Birchwood Avenue £ 375,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Polesworth1078PSW2.38 KM
Wilnecote (Staffs)1056WNE5.53 KM
Tamworth1322TAM6.64 KM
Atherstone1074ATH9.53 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tamworth Road, Polesworth, Tamworth £ 289,950BUYUnknown0.39 KM
Cockspur Street, Birchmoor, TAMWORTH £ 175,000BUYUnknown0.69 KM
Cockspur Street, Birchmoor, TAMWORTH £ 220,000BUY7 / 100.69 KM
New Street, Birchmoor £ 210,000BUYUnknown0.72 KM
New Street, Birchmoor £ 160,000BUY6 / 100.72 KM

Nearby Properties

AddressPriceDistance
104 Tamworth Road £ 290,0000.31 KM
55 Cockspur Street £ 147,0000.68 KM
83 Cockspur Street £ 113,0000.68 KM
57 Cockspur Street £ 96,0000.68 KM
61 Cockspur Street £ 112,0000.68 KM