Wreck Of The Week
The Property: Grade II listed barn for conversion
The Place: Bardney, Lincolnshire
The Price: £190,000 (Guide)
The Pain: It’s listed, and in pretty bad shape, so don’t expect this to be easy.
The Gain: It has planning permission for two three-bed houses – but it may also be possible to convert it into one large home (subject to permission).
The agent reckons the two homes option will result in properties worth around £250,000 each, so if you keep costs under control there’s a good return here for a developer.
If you’re a lifestyle buyer, the single option is probably more attractive – that vast internal space and vaulted ceiling could look really spectacular.
It will, the agent thinks, be worth around £450,000-£500,000 as a single home.
Bardney is a popular village which lies to the east of Lincoln (approx 12 miles). It has a post office, butcher, school, doctor’s surgery, pharmacy, medieval centre and a railway cycle path which is approx 9.5 miles to Lincoln.
The Agent: Savills (Tel: 0843 2821 659)
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