Lister Haigh says ..

Property Oracle says ..

Shires Cottage, currently a barn conversion project, is located in the desirable village of Wighill, near Tadcaster, North Yorkshire. The property benefits from planning permission to convert the existing barn into a four-bedroom house. This makes it an attractive prospect for those seeking a project and a home in a charming rural setting.

The existing structure appears reasonably sound, although in a dilapidated state with evidence of disrepair and requiring substantial renovation work. This involves interior work, possibly including structural improvements, to fully complete the property to the standard shown in the Computer Generated Images (CGI). The CGI renderings illustrate the potential for creating a spacious and attractive home, but the buyer must account for all renovation costs. The photographs clearly show the property is currently uninhabitable.

The land surrounding the property appears reasonably sized, offering potential for landscaping and outdoor space. The area itself is characterized by a peaceful rural setting, while being sufficiently close to larger amenities and transportation links in neighbouring towns. Several schools are within a few kilometres radius making it an appealing option for families.

While the list price of £335,000 reflects the potential value of the finished property, prospective buyers must carefully consider the substantial cost of renovations, obtaining multiple detailed quotes. Comparing the price to other barn conversions and properties in the area, while considering the amount of work needed, positions the asking price within a realistic and potentially competitive range. This is a project with high potential that requires a significant investment in time and money.

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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