David Burr Estate Agents says ..

Property Oracle says ..

This barn conversion is located in Honington, a village near Bury St Edmunds in Suffolk. The property boasts 4 bedrooms and 3 bathrooms, spanning 2,626 square feet, and sits on a 2,442 square foot plot. The location benefits from being close to Honington Church of England Voluntary Controlled Primary School (rated ‘Good’ by Ofsted), situated just 0.24km away. While other schools are slightly further afield, the proximity of a well-regarded primary school is a positive attribute for families. The nearest train station, Thurston, is approximately 9.66km away.

The property itself appears to be a high-quality conversion, exhibiting modern fixtures and fittings within the context of its traditional barn structure. The exposed beams and stonework add character, while the kitchen and bathrooms appear contemporary and well-maintained. The images suggest a spacious and well-presented interior. The property also includes a substantial garden area, offering ample outdoor space.

Considering the average house price in the area is £234,748 and the average price per square foot is £278, the list price of £795,000 for this 2,626 sq ft barn conversion requires further analysis. While the property’s size, condition, and features are superior to the average in the area, the list price is significantly higher. Nearby comparable barn conversions are listed at around £850,000, suggesting the £795,000 asking price might represent a relatively good value, although further investigation into the specifics of those comparable properties would be needed to confirm this. The inclusion of a substantial garden also adds to its value.

Based on the information provided, the property appears to be a well-maintained and desirable property in a good location. However, a detailed survey would be recommended to fully assess the condition and any potential maintenance needs. The price, while high compared to the local average, appears to be in line with similar properties, making it potentially a good value for a buyer seeking this type of property in this location.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images