Phipps & Pritchard says ..

Property Oracle says ..

This property is a development opportunity located on St. Johns Road in Stourport-on-Severn, Worcestershire. The listing highlights the potential to convert existing barns into five barn conversions, subject to planning permission (STPP). Pre-application advice has already been received from Wyre Forest District Council, indicating a potential positive outcome.

The property’s location is positive, offering proximity to schools like Burlish Park Primary School and The Stourport High School and Sixth Form College. Train connections to Kidderminster and Hartlebury are also within reach. However, the property’s condition is a major factor. The aerial and ground-level photographs show the barns are in disrepair, requiring extensive renovation and potentially structural work before they are habitable. This requires a significant financial investment from the buyer.

The large land area presents a key opportunity. The site also includes additional areas for communal use, including an orchard/allotment area, adding to the overall appeal.

The £450,000 price reflects the value of the land and the potential profit from conversion, but buyers need to factor in considerable costs associated with the renovations and the inherent risks associated with development projects. It is important to obtain professional advice and conduct a thorough survey before committing to a purchase.

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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