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Stonyhurst, Clitheroe, Lancashire BB7

West Midlands

£1,395,000
Listed on 25/10/2024

Property Details

Bedrooms
5
Type
Detached
Area
8000 sqft

Description

Situated in the picturesque Ribble Valley, this remarkable property represents a unique opportunity for development, allowing you to construct an impressive 8,000 sq. ft. executive home amidst 48 acres of secluded countryside. With about half a mile of private drive leading to the site, this location is not only serene but also offers stunning panoramic views that enhance the appeal of rural living. Just one mile from Stonyhurst College, it combines exclusivity with accessibility to local amenities in Clitheroe and Longridge. Planning permission has been granted, enabling the construction of a bespoke residence tailored to your specifications, making it an ideal investment for those looking to create a luxurious retreat. The extensive grounds include diverse landscapes of grazing land and woodland, providing ample space for outdoor activities or further enhancements. This property comes equipped with essential services including mains electricity and plans for a new septic tank system as part of the permission granted. It allows potential buyers a canvas on which to design their dream home in one of the region’s most sought-after locations.

Investment Analysis

(BB7 area)

Below Market Value

This property is priced -36.1% below area average per sq ft

-36.1%
Potential saving
This Property
£174/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£212
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£2,401,080
10% above area average per sq ft
Potential ROI
+33.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (BB7)

Area prices are falling by -11.3% over the last 12 months
3 year growth: -0.2%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on BB7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Stonyhurst, Clitheroe, Lancashire BB7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,977
Based on a loan of £1,046,250 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-7.0% since listed
£1,395,000£105,000(-7.0%)
26/02/2025
Current price
£1,500,000Initial listing
25/10/2024

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