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Higham BB12

West Midlands

£195,000
Listed on 13/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled within rolling grassland, this strategically located steel-framed agricultural barn presents a compelling opportunity for redevelopment, pending necessary planning approvals. The property sits on a 0.5-acre plot and is accompanied by an adjacent 2.8-acre section of established broadleaf woodland, offering diverse possibilities for agricultural, leisure, or residential projects (subject to planning permission). Potential buyers should note that parts of the land are affected by Tree Preservation Orders (TPO), details of which can be verified via Pendle Council's website. Currently, the barn and land lack any services, and they are enclosed with post and netting fencing. The property comes with freehold tenure and vacant possession, allowing for flexible development options. Access is granted from Croft Top Lane with shared maintenance arrangements in place.

Investment Analysis

(BB12 area)
Area Average
£176/sq ft
Avg Rent (weekly)
£153
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (BB12)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -9.7%
5 year growth: 6.2%
Investment Disclaimer: Analysis based on BB12 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

Higham BB12
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£714
Based on a loan of £146,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE