Earles says ..
These farm buildings, having the benefit of outline planning permission for the conversion of the traditional farm building into two dwellings and the erection of five new dwellings and garage block, will be offered for sale by public auction (subject to prior sale, reserve and conditions) at 6:3...
Property Oracle says ..
The property is a barn conversion located in Fillongley, Coventry, with a list price of £850,000. Fillongley is a village in North Warwickshire, offering a tranquil setting. The proximity to Bournebrook Cofe Primary School (0.08km) is a positive for families, and other good-rated schools are within a reasonable distance. A train station, Tile Hill, is approximately 9.74km away.
The barn conversion itself appears to be in need of significant renovation. The provided images show a dilapidated structure with damaged roofing, and general disrepair. This will likely require substantial investment to bring it up to a habitable standard. The land associated with the property seems relatively large, offering potential for development or landscaping, however, the exact size is not specified.
Considering the average house price in the area is £592,059 and the average price per sqft is £353, the list price of £850,000 for this barn conversion, which requires extensive renovation, appears high. While the large plot of land adds value, the condition of the property significantly detracts from its worth. Nearby properties, even those described as ‘BUY’ or ‘HOUSE’ and not requiring renovation, are significantly lower in price. Therefore, the pricing of this property needs careful consideration.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 3
- Location
- 7
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
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
- 683,165.00 £Decreased by 33.92 %
- Average area rental value
- 1,373.00 £/moDecreased by 34.56 %
- Est rental Yield
- 2.41 %Decreased by 1.23 %
- Crime Rate
- 52.00 %Unchanged by 0.00 %
Agent Activity
Earles created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bournebrook Cofe Primary School | Voluntary Controlled School | Good | 0.08 KM |
| Arley Primary School | Community School | Good | 3.41 KM |
| Arc School Old Arley | Other Independent Special School | Good | 3.64 KM |
| Corley Centre | Community Special School | Good | 3.71 KM |
| Arc School Ansley | Other Independent Special School | Good | 4.69 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Mary's Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Tile Hill | 1035 | THL | 9.74 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Coventry Road, Fillongley, CV7 | £ 360,000 | BUY | 7 / 10 | 0.05 KM |
| Coventry Road, Fillongley, Coventry | £ 600,000 | BUY | 7 / 10 | 0.05 KM |
| Coventry Road, Fillongley, CV7 | £ 400,000 | BUY | 7 / 10 | 0.07 KM |
| Bourne Brook Close, Fillongley, Coventry, CV7 | £ 380,000 | BUY | 6 / 10 | 0.12 KM |
| Bourne Brook Close, Fillongley, CV7 | £ 400,000 | BUY | 7 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Bourne Brook Close | £ 243,000 | 0.13 KM |
| 7 Bourne Brook Close | £ 320,000 | 0.13 KM |
| 8 Bourne Brook Close | £ 346,000 | 0.13 KM |
| Mill House | £ 530,000 | 0.14 KM |
| Dovedale | £ 345,000 | 0.14 KM |