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Ted Pitts Lane, Allesley

West Midlands

£1,150,000

Listed on 21/05/2026

Property Details

Bedrooms
4
Type
Detached

Description

This charming detached farmhouse, set in approximately eight acres of picturesque countryside in Allesley, presents a significant opportunity for renovation and development. The property features four bedrooms, two self-contained annexes, and several outbuildings including nine stables and a substantial workshop measuring around 2100ft². The residence showcases original features such as exposed beams and an Inglenook fireplace, enhancing its character. However, many areas require updating to maximize the potential of this property, including the workshops which are ripe for conversion (subject to planning permission) and the expansive gardens that could be further landscaped or utilised for agricultural purposes. This property is ideal for those looking to invest in a rural retreat with ample space for expansion or enhancement.

Investment Analysis

(CV5 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CV5)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +2.8%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on CV5 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

Ted Pitts Lane, Allesley
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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
£4,103
Based on a loan of £862,500 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.

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