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5 bedroom barn conversion for sale
Hermitage Lane, Polesworth, Tamworth
£1,495,000
Hermitage Lane, Polesworth, Tamworth
£1,495,000
Our Summary
- Generating a strong rental income of approximately £76,104 per annum, with potential to increase further, this investment offers a rare blend of character, income security, and future redevelopment potential
- Description Of Property - Rare Investment Opportunity – Commercial Barn Development with Significant Income PotentialAn exceptional opportunity to acquire a versatile barn development providing commercial accommodation, office suites, and extensive grounds with hardstanding
- •Historic Redevelopment Potential – Planning permission has previously been granted (APP no
- PAP/2014/0149) for conversion of the barns (Use Class B1a) to residential dwellings (Use Class C3), offering scope for future enhancement
- 25 acres, the property is accessed via two private driveways, with generous parking, green space, and a rear yard with redevelopment potential
- This is a rarely available investment opportunity with strong income, future development potential, and a sought-after rural location
- Whether retained as a long-term asset or explored for conversion, this property presents a compelling opportunity for investors
Description
This exceptional investment opportunity presents a versatile barn development providing commercial accommodation, office suites, and extensive grounds with hardstanding. The property generates a strong rental income of approximately £76,104 per annum, with potential to increase further. The development comprises several units, including a detached granary, dairy, tackroom, and stables, each with its own unique character and charm. The property is set in a scenic semi-rural location, with open outlook over fields, and is within 4 miles of Tamworth. The premises offer a rare blend of character, income security, and future redevelopment potential, making it an attractive opportunity for investors. With a current rent roll of £76,104 per annum, and potential to increase to £80,904 once the rear yard is occupied, this property presents a compelling opportunity for those seeking a strong income stream and potential for future growth.