Worst House on the Street Logo
Shelfield Barn, Southfield Lane, BB10 3RQ - Image 1
Shelfield Barn, Southfield Lane, BB10 3RQ - Image 2
Shelfield Barn, Southfield Lane, BB10 3RQ - Image 3

Shelfield Barn, Southfield Lane, BB10 3RQ

West Midlands

£460,000

Listed on 04/08/2026

The listing

Property details

Bedrooms
5
Type
Barn Conversion
Area
3681 sqft

Features

  • Garden
  • Parking

Description

Tucked away off Southfield Lane within a quiet hamlet, Shelfield Barn presents an exceptional opportunity for those looking to invest in a property with significant renovation potential. This spacious residence is set amidst picturesque green fields, offering the serenity of rural living while maintaining convenient access to essential amenities. The property has already undergone initial conversion work, making it wind and watertight, with first fix electrics and plumbing completed along with internal wall partitions in place. The proposed layout allows for a functional design that includes a kitchen, living and dining areas, utility room, and W/C on the ground floor. Upstairs, you will find a generous principal bedroom complete with en-suite and dressing room facilities, alongside two additional en-suite double bedrooms, a fourth bedroom, and a family bathroom. An additional floor provides versatile space that can be tailored into more bedrooms or leisure areas such as a home office or games room. As a canvas for your vision, Shelfield Barn allows future owners to personalize their living space according to individual tastes and requirements. The expansive garden and private driveway not only enhance its appeal but also offer options for outdoor entertaining or further parking solutions if necessary. Furthermore, there is potential for extending the property through the development of an unroofed structure at the rear—subject to appropriate planning permissions—which could serve as additional storage or parking space. Planning consents have been granted by Pendle Borough Council for the barn's conversion; interested parties should review these approvals thoroughly to understand their scope fully. Located just five minutes from Colne town centre—with its varied shopping options, restaurants, and healthcare services—and within easy reach of major transport links like the M65 motorway, this property strikes an ideal balance between peaceful countryside ambiance and practical convenience.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

69out of 100
Grade CPotential opportunity

Confidence: MEDIUM

Shelfield Barn is a substantial countryside conversion project, with a maintained lawn, extensive driveway, stone elevations and roof that appear largely complete. The interior remains at an unfinished construction stage, so there is scope to complete the proposed family-home layout and choose the finishes to your own specification. The unroofed rear structure could also offer garage or storage potential, subject to the necessary consents.

At £460,000, the asking price is about £125 per sq ft against a local average of £175, making the acquisition price a clear strength. The overall opportunity is more measured, however: the heavy completion programme leaves only a modest margin against the implied local-average value before fees and other costs. This suits a buyer who values the rural setting and bespoke potential and is prepared to manage a major project.

Key opportunities

  • Complete the partitioned interior around the proposed multi-bedroom family layout, selecting the finishes and final services to suit your needs.
  • Make the most of the broad lawn, extensive driveway and front patio, with open countryside adding to the rural setting.
  • Explore garage or storage use for the unroofed rear structure, subject to the necessary consents.

Key risks

  • Exposed blockwork and framing, unfinished floors and first-fix services point to a full interior completion programme rather than a cosmetic refresh; allow for substantial time, coordination and budget.
  • The rear structure is unroofed, and any garage or storage use depends on obtaining the necessary consents.

Unlock the full analysis

Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.

Sign up free

Already have an account? Sign in

Interested in similar properties?

Create an alert and we'll notify you when similar renovation opportunities are listed.

Sign in to create alert

Map

Location

Shelfield Barn, Southfield Lane, BB10 3RQ
Loading map...

Transport

Nearest stations

  • Colne Rail Station

    1.4 miles

    Train · Colne

  • Nelson Rail Station

    1.7 miles

    Train · Nelson

  • Brierfield Rail Station

    2.7 miles

    Train · Brierfield

  • Burnley Central Rail Station

    4.1 miles

    Train · Burnley

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£1,880
Based on a loan of £345,000 over 30 years at 5.13% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Pricing

Price history

-8.0% since listed
£460,000£40,000(-8.0%)
02/09/2026
Current price
£500,000Initial listing
05/08/2026

Services

Next steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates