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Knowsley, Prescot, Merseyside

North West

£2,500,000
Listed on 15/05/2024

Property Details

Bedrooms
4
Type
Detached house

Description

This Grade II listed farmhouse presents a unique opportunity for those looking to invest in a property rich with character and potential. Situated in an accessible area near Knowsley, the property encompasses 8.37 acres of land, including outbuildings and an extensive riding school, making it suitable for various development possibilities. The farmhouse itself features spacious accommodations spread across two floors, showcasing original period details that exude charm. While the residence would benefit from a modernization scheme, its solid construction of brick and sandstone under a slate roof provides a strong foundation for renovations. The ground floor hosts a traditional farmhouse kitchen equipped with stone flooring and granite worktops, complemented by a welcoming central reception room featuring a brick fireplace. Additionally, there is a cozy sitting room with an open fireplace, and convenient cloakroom facilities. On the first floor, you'll find the principal bedroom complete with an ensuite shower room along with two additional double bedrooms and a family bathroom with separate shower facilities. The total living space measures approximately 2,063 sq. ft (191 sq.m), offering ample room for comfortable living or potential reconfiguration. Outside, the property boasts an original stable block that holds promise for conversion into additional living space or guest accommodation. There are also brick-built offices currently serving as visitor facilities. The substantial indoor arena and accompanying sand manège cater to equestrian activities while further stabling is divided into three sections within the lot layout. A large gravelled parking area adds to the practicality of the site. Located in Knowsley—a suburban area northeast of Liverpool—the property benefits from proximity to numerous amenities including well-rated schools, parks, sports centers, and cultural venues like theatres. Its strategic position offers excellent connectivity via roadways such as the M57 motorway and regular train services to Liverpool and Manchester. As this property is situated close to local residential and commercial developments, it presents exciting potential for future growth or redevelopment opportunities subject to planning regulations. Prospective buyers should note that while the property includes essential services such as main water and electricity—alongside private drainage—specific systems have not been tested by agents. Internet speeds at present are around 12 Mbps; however, higher speeds may be achievable depending on providers in the area. For those interested in renovating or developing this multifaceted property, Gellings Farm represents an exceptional canvas awaiting new vision amid its historical framework.

Investment Analysis

(L34 area)
Area Average
£235/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£250,000 - £625,000
10-25% of property value
Monthly Sales
11
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (L34)

Area prices are falling by +17.8% over the last 12 months
3 year growth: -1.0%
5 year growth: 4.1%
Investment Disclaimer: Analysis based on L34 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Knowsley, Prescot, Merseyside
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