McCartneys LLP says ..

Property Oracle says ..

This property presents a unique opportunity for buyers seeking a project. Located in the desirable Worcestershire village of Drakes Broughton, this property is currently an agricultural barn, requiring a comprehensive conversion into two 4-bedroom semi-detached houses. The architectural plans showcase an ambitious vision for the property’s transformation into comfortable family homes. The existing barn appears structurally sound but necessitates extensive renovation. The location offers a balance of rural tranquility and proximity to the town of Pershore, with reasonably accessible schools and transport links. Nearby property prices provide a reasonable reference point for assessing the potential value of the converted dwellings, although the significant costs associated with the conversion are important to acknowledge. The listed price may be considered competitive or high, depending on the prospective buyer’s willingness to assume the risk and cost of the transformation, and the final quality of the conversion. Further details such as the precise plot size and specifics regarding planning permission would be valuable in making a fully informed decision. The property would appeal to an investor or buyer with significant renovation experience and/or financial resources. The current state of disrepair and pending conversion necessitates a thorough due diligence process before committing to 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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