John German says ..

Property Oracle says ..

The property is a barn conversion located in Coleorton, Leicestershire. It’s a 3 bedroom, 2 bathroom property with 1,273.37 sqft of living space and a 1,643.97 sqft plot.

The property appears to be in excellent condition. The conversion has been completed to a high standard, with modern fixtures and fittings throughout. The exposed beams and brickwork add character, while the contemporary design elements create a stylish and comfortable living space. The images show well-maintained interiors and landscaping.

The property benefits from a substantial plot size, providing ample outdoor space. The garden is well-maintained and includes a patio area, perfect for outdoor entertaining. The surrounding countryside is visible in the aerial shots, suggesting a peaceful and tranquil setting.

The list price of £675,000 is higher than the average price for the area (£383,229), but this is to be expected given the property’s size, condition, and unique features. The average price per sqft in the area is £241.00. While the property’s price per sqft cannot be calculated due to missing data in the nearby listings, its superior condition and larger plot size justify a premium compared to average properties in the area. Nearby properties are significantly smaller and may be in need of renovation. The higher list price is also supported by the higher prices of nearby larger detached properties. The location, though rural, offers proximity to several well-regarded schools.

The property is located in a rural setting, which may be appealing to buyers seeking a peaceful lifestyle. There are several primary schools within a reasonable distance, making it suitable for families. However, information on transportation links is unavailable.

Based on the available information, the property presents a strong value proposition, balancing a desirable location, excellent condition, and ample land. The higher price point is justified by the exceptional quality of the conversion and the overall appeal of the property.

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