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5 bed property
Hermitage Lane, Polesworth, Tamworth B78
£1,495,000
Hermitage Lane, Polesworth, Tamworth B78
£1,495,000
Our Summary
- Generating a strong rental income of just under £80,000 per annum, this investment offers a rare blend of character, income security, and future redevelopment potential
- Rare Investment Opportunity – Commercial Barn Development with Significant Income Potential
- Generating a strong rental income of just under £80,000 per annum, with potential to increase further, this investment offers a rare blend of character, income security, and future redevelopment potential
- •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 property offers a rare blend of character, income security, and future redevelopment potential. The barn development provides commercial accommodation, office suites, and extensive grounds with hardstanding, generating a strong rental income of just under £80,000 per annum. The property features a mix of converted barns, including a detached granary, dairy, tackroom, and stables, which are currently used as beauty rooms, a pilates studio, salon, and offices. The property is situated in a semi-rural position with open outlook over fields, just 4 miles from Tamworth, and is well-located for access to Sutton Coldfield, Birmingham, and the rest of the region. With its established income stream, historic redevelopment potential, and scenic location, this investment opportunity is not to be missed.