David Britton Estates says ..
RESIDENTIAL DEVELOPMENT OPPORTUNITY! Barn conversion to convert from a existing commercial building into 3 residential dwellings. Subject to a variation in Planning Permission the property could also be converted into a single, large, characterful and lovely sandstone dwelling.
Property Oracle says ..
How Mill in Brampton, Cumbria, presents a unique opportunity: a barn conversion with potential for residential development. Currently configured as offices, the property boasts a substantial size (1923.51 sq ft), seven bedrooms and six bathrooms once converted. The exposed sandstone walls and exposed beams lend a characterful charm. The listing details highlight the potential to create three separate dwellings or one large residence. Its location in Brampton offers access to good schools and proximity to Carlisle and other areas of the county. The property benefits from a small yard and some external space, although this is minimal. The photos provided provide an overview of the interior finishes and layout which is currently set up as offices, making it difficult to fully evaluate the condition without an in-person viewing. The current price points to the ongoing need for extensive conversion work to make this property habitable and must be factored in, adding considerable cost. Overall the listing represents an attractive investment prospect. But would be a significant undertaking. The current configuration is practical, but would require extensive redesign and modification for a residential use. There are significant costs and planning considerations that will need to be addressed. Due diligence is critical before purchasing. Buyers should carefully assess the potential renovation costs and planning permissions required, as well as the long-term value of the converted property.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 7
- Bathrooms
- 6
- Sqft (est)
- 1,923.51
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Metrics Year-on-Year
- Average area value
- 265,698.00 £Decreased by 3.58 %
- Est sale value
- 665,534.46 £Increased by 7.79 %
- Average area rental value
- 1,198.00 £/moIncreased by 10.21 %
- Est letting value
- 1,923.51 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.41 %Increased by 14.38 %
- Crime Rate
- 79.00 %Unchanged by 0.00 %
Agent Activity
David Britton Estates created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Hayton Cofe Primary School | Foundation School | Outstanding | 1.31 KM |
Irthington Village School | Community School | Good | 5.29 KM |
Great Corby Primary School | Academy Converter | Good | 5.55 KM |
Warwick Bridge Primary School | Foundation School | Good | 5.59 KM |
Kirby Moor School | Other Independent Special School | Outstanding | 5.88 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
How Lane | £ 597,000 | 0 | 0.00 KM |
Westlea | £ 235,000 | 0 | 0.00 KM |
How Street | £ 180,000 | 0 | 0.00 KM |
Stonehouse Cottages | £ 711,667 | 0 | 0.00 KM |
Fairfields | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Wetheral | 7572 | WRL | 6.82 KM |
Brampton (Cumbria) | 7565 | BMP | 8.46 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
How Mill, Brampton | £ 399,000 | BUY | 6 / 10 | 0.00 KM |
Arthurs Old Barn, How Mill, Brampton, CA8 9JY | £ 450,000 | BUY | Unknown | 0.13 KM |
How Mill, nr Brampton, CA8 | £ 315,000 | BUY | 7 / 10 | 0.14 KM |
Mill House Cottage, How Mill, Brampton, CA8 | £ 180,000 | BUY | Unknown | 0.77 KM |
Chestnut Cottage, Hayton | £ 150,000 | BUY | 6 / 10 | 1.30 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
2 Beck Cottages | £ 150,820 | 1.35 KM |
1 Beck Cottages | £ 98,000 | 1.35 KM |
2 Warren Hill | £ 155,000 | 1.43 KM |
1 Warren Hill | £ 283,500 | 1.43 KM |
10 Castle View | £ 249,999 | 1.47 KM |