Hilton & Horsfall Estate Agents says ..

Property Oracle says ..

Sabden Old Hall Farm presents a unique development opportunity. The property consists of a large barn situated on a spacious plot of land. The barn is currently in a dilapidated state, requiring extensive renovation. However, planning permission has already been granted for the conversion of the barn into four residential units, consisting of three three-storey townhouses and one two-storey property. This significantly reduces the risk associated with such projects, as planning is often a significant hurdle. The location offers access to highly rated primary schools within a reasonable distance and is surrounded by scenic countryside. However, it lacks immediate access to the conveniences of a larger town. The price point is a complex issue and would require careful consideration of the significant building costs, planning and professional fees in addition to material cost escalation which the current economic climate will dictate. Whilst seemingly reasonable for the land and potential return given the high specification finish in the artists’ impressions, the overall value will hinge on effective project management and efficient cost control during the conversion process.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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