This property presents a compelling investment opportunity, featuring a collection of traditional red brick barns that have been granted planning permission for conversion into three separate residences. Each proposed dwelling would comprise three bedrooms and three bathrooms, with the overall site encompassing approximately 0.64 hectares (1.59 acres). Located in a tranquil rural setting on a no-through road, the site is surrounded by expansive Fenland and is conveniently positioned near several towns including Bourne and Peterborough, enhancing its appeal for future residents.
While the original planning permission has expired, there remains potential for redevelopment under similar terms, making it an attractive prospect for investors or developers looking to create modern homes from these sturdy structures. Additionally, the inclusion of adjoining land provides opportunities for extra storage or further development such as garages or stables.
The barns require comprehensive renovations to meet modern living standards, including the installation of individual utilities such as a new foul water treatment plant and independent electricity supply. The existing borehole used by neighboring properties offers options for water supply, adding flexibility to the development process. It’s important to note that specific covenants will ensure that only residential uses are permitted, protecting the value of surrounding properties.
Prospective buyers should be aware that careful consideration of services and planning agreements will be necessary during the renovation process. This project entails significant transformation within a picturesque rural backdrop.
