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Grendon, Atherstone, CV9

West Midlands

£1,000,000
Listed on 28/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
4018 sqft

Description

This is a rare opportunity to own a historic barn conversion, believed to date back to the 1800s, nestled in the tranquil landscape of the West Midlands with the serene River Anker flowing nearby. Known as The Foal Yard, this property has maintained its charm and character since its tasteful conversion in the 1980s and has been lovingly cared for by its current owners. While it features modern comforts, there are several areas where further enhancement could elevate its appeal. The main house offers flexible living space with four generously sized bedrooms and three reception rooms. This layout, combined with a self-contained annexe ideal for guests or extended family, presents excellent investment potential. The property also includes a garage that has planning permission for conversion into a studio — perfect for additional living space or a home office. Upon entry, you’ll find an inviting hallway leading to a spacious living room featuring an Inglenook fireplace and dual-aspect windows that promise ample natural light. The kitchen and dining area serve as a central hub of the home, equipped with bespoke units and an Aga oil pot burner, yet there remains opportunity to update these spaces according to personal taste. Upstairs, all four bedrooms offer ample size; however, some modernization could enhance comfort. The outdoors boasts beautifully landscaped gardens, ample parking options, and distinct areas perfect for entertaining or relaxation. With recent improvements such as insulation and a new roof installed around 2013, this property possesses a solid foundation while still allowing room for personalization through thoughtful renovations.

Investment Analysis

(CV9 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£249/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,174,562
10% above area average per sq ft
Potential ROI
+8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
69%
Properties sold annually

Local Market Trend (CV9)

Area prices are falling by -3.6% over the last 12 months
3 year growth: +3.3%
5 year growth: +14.9%
Investment Disclaimer: Analysis based on CV9 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

Grendon, Atherstone, CV9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,607
Based on a loan of £750,000 over 30 years at 4.06% 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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