Barn Close, Castle Donington, DE74
HO

Barn Close, Castle Donington, DE74

By Hortons

£ 880,000

Reviews

3 out of 5 stars

Hortons says ..

A spacious and characterful detached 5 bedroom barn conversion including a detached 1 bedroom annexe and a further 2500 approx sq ft brick barn with potential for conversion subject to planning permission. Situated on a 1/3 of an acre private garden.

Property Oracle says ..

This property is a five-bedroom barn conversion situated in Castle Donington, Leicestershire, with a list price of £880,000. The property showcases a unique characterful aesthetic with exposed wooden beams, brickwork features and a spacious interior layout over two floors. Images reveal a large open-plan living area with high ceilings and a fireplace, giving a feeling of grandeur. The kitchen is fitted and features an abundance of cabinetry but presents a somewhat traditional style which might not appeal to all buyers. The bedrooms are generously sized and feature a good amount of natural light.

The property’s key selling point is its size and the inclusion of a detached one-bedroom annexe providing separate living quarters. A further considerable asset is a large 2500 sq ft brick barn, offering substantial potential for future development or conversion, subject to planning permission. This adds significant value. The property is set within a sizable garden described as about a third of an acre, providing ample outdoor space.

Location-wise, Castle Donington provides good access to transport links, and there are well-regarded schools nearby, making this a potentially desirable location for families. The proximity of additional amenities within Castle Donington is a positive feature.

However, potential buyers should be aware that the property might require some modernisation or updating to meet current standards and styles, particularly within the kitchen area. The price point may be considered high compared to other similar sized properties in the immediate area. While the potential for development provided by the additional barn increases the overall value, it introduces risks associated with planning permission and any associated costs. A comprehensive survey and planning research would be essential for any prospective buyer. The overall attractiveness hinges on the buyer’s willingness to invest in potential modernisation alongside the benefits of the additional outbuildings.

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
7
Bedrooms
5
Bathrooms
2
Sqft (est)
2,000.00

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
350,000.00 £
Increased by 3.28 %
from 338,870.00 £
Est sale value
894,000.00 £
Increased by 16.41 %
from 768,000.00 £
Average area rental value
795.00 £/mo
Decreased by 1.61 %
from 808.00 £/mo
Est letting value
2,000.00 £/mo
from 0.00 £/mo
Est rental Yield
2.73 %
Decreased by 4.55 %
from 2.86 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Hortons created the listing.

Nearby Schools

NameTypeOfstedDistance
Northern Parishes Sure Start Children'S CentreChildren's Centre0.42 KM
St Edward'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.44 KM
Castle Donington CollegeAcademy ConverterGood0.62 KM
Hemington Primary SchoolCommunity SchoolGood2.12 KM
Diseworth Church Of England Primary SchoolVoluntary Controlled SchoolGood2.77 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Delven Lane £ 580,00000.00 KM
Peartree Close £ 000.00 KM
Crabtree Close £ 270,00000.00 KM
Eaton Road £ 000.00 KM
Park Lane £ 417,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Long Eaton1829LGE7.82 KM
East Midlands Parkway1901EMD9.03 KM

Nearby Listings

AddressPriceTypeScoreDistance
Barn Close, Castle Donington, DE74 £ 880,000BUY6 / 100.00 KM
Barn Close, Castle Donington, DE74 £ 880,000BUYUnknown0.00 KM
Hall Farm Close, Castle Donington, Derby £ 375,000BUY7 / 100.05 KM
Hall Farm House, Castle Donington, Leicestershire £ 1,100,000BUY8 / 100.07 KM
Hall Farm Close, Castle Donington, Derby £ 235,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
10 Barn Close £ 370,0000.03 KM
2 Barn Close £ 460,0000.03 KM
6 Barn Close £ 110,0000.08 KM
27 Hall Farm Close £ 246,0000.11 KM
17 Hall Farm Close £ 81,2500.11 KM