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Lot 2: Barn for Conversion with Paddock, Garshall Green, Milwich, Stafford - Image 1
Lot 2: Barn for Conversion with Paddock, Garshall Green, Milwich, Stafford - Image 2
Lot 2: Barn for Conversion with Paddock, Garshall Green, Milwich, Stafford - Image 3
Lot 2: Barn for Conversion with Paddock, Garshall Green, Milwich, Stafford - Image 4
Lot 2: Barn for Conversion with Paddock, Garshall Green, Milwich, Stafford - Image 5
Lot 2: Barn for Conversion with Paddock, Garshall Green, Milwich, Stafford - Image 6

Lot 2: Barn for Conversion with Paddock, Garshall Green, Milwich, Stafford

West Midlands

£200,000
Listed on 06/11/2024

Property Details

Bedrooms
N/A
Type
Detached house
Area
1160 sqft

Description

This property presents a unique opportunity for those looking to invest in a renovation project within the serene backdrop of the Staffordshire countryside. The charming brick barn, set on 1.76 acres, has received prior approval for conversion under Class Q, allowing for its transformation into a residential dwelling. This approval provides a solid foundation for anyone looking to craft a bespoke home tailored to personal preferences and lifestyle. The barn's proposed layout features an open-plan kitchen and living area with vaulted ceilings and roof lights, ensuring a bright and airy atmosphere. Ground floor plans include an entrance hallway, separate dining room, utility room with WC, family bathroom, and one bedroom. The first floor is designed to accommodate two additional double bedrooms off a central landing. This configuration offers flexibility for both families or those seeking guest accommodations. Beyond the barn itself, the expansive paddock allows ample space for landscaping and outdoor amenities, creating potential for gardens or even equestrian facilities—ideal for smallholders or enthusiasts of rural living. An existing garage on the property provides further utility and convenience. Located in close proximity to several key towns—including Stafford (8 miles), Stone (6.5 miles), and Uttoxeter (9.4 miles)—the site combines rural charm with accessibility to urban amenities. The surrounding landscape enhances the appeal for those seeking tranquility without sacrificing convenience. In terms of infrastructure, mains water and electricity connections are established on-site, with private drainage currently via a septic system; plans are in place to upgrade this upon sale completion. Prospective buyers may find satisfaction in the potential connectivity improvements promised by the development. This property not only promises the allure of countryside living but also offers significant investment potential through renovation and development in compliance with local planning regulations. Whether it’s as a personal residence or an investment venture, this barn conversion stands out as an excellent prospect ready for its next chapter.

Investment Analysis

(ST18 area)

Below Market Value

This property is priced -40.5% below area average per sq ft

-40.5%
Potential saving
This Property
£172/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£342
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£370,040
10% above area average per sq ft
Potential ROI
+5.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (ST18)

Area prices are rising by +6.8% over the last 12 months
3 year growth: 3.3%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on ST18 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

Lot 2: Barn for Conversion with Paddock, Garshall Green, Milwich, Stafford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE