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West Midlands
£480,000
Listed on 11/09/2026
Listed on 11/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
Bage Mill is a distinctive Grade II listed Cruck Barn, dating back to the 15th century, presenting a unique opportunity for those looking to invest in a substantial renovation project. While the asking price of £480,000 translates to £686/sqf, significantly above the local average of £280/sqf, the property does offer considerable potential for transformation. The extensive grounds of around 3 acres, along with the historical features of the barn, add to the charm and potential of the site. However, the all-in costs, including renovation estimates, stretch the budget against local benchmarks, highlighting a significant economic risk.
The property showcases good room sizes and layout, allowing for creative reconfiguration and restoration to create a superb family home. The dated interiors, including the kitchen and bathroom, signal a heavy refurbishment requirement, but they also provide an opportunity for a fresh vision. This listing truly shines with its unique character and potential for substantial transformation, making it a notable candidate for those willing to take on a comprehensive renovation project.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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