The Old Barn, 14, Main Street, Skipton, North Yorkshire, BD23 4ND

Description

Freehold barn with potential. Potential for development subject to planning permission. Full vacant possession. Freehold barn within a residential area with a dropped curb currently in place and potential for development subject to the necessary consent. Buyers must rely on their own due diligence regarding development and planning of the site.

Location

The property is located on Church Street, in a Yorkshire Dales village situated along the A65, to the west of Skipton and Harrogate. Public transport is provided by Long Preston Rail Station, with Skipton providing further transport links and a range of amenities. Recreational pursuits can be found within the Yorkshire Dales, which borders the village of Long Preston to the north.

Tenure / Property Information

Investment Analysis

The £30,000 guide is for a vacant freehold barn with development potential, but no accommodation, condition, planning consent, EPC, parking or heating details are supplied. The sold comparables are varied property types and do not provide a reliable GDV for this barn. No supported post-consent GDV can therefore be established. The known buyer administration charge is £1,800 including VAT; additional seller fees may apply under the special conditions.

Investment Snapshot

Strategy Recommendation

Proceed only as a planning-led development opportunity after satisfactory planning, title, access, services, condition and cost due diligence. Do not rely on BTL or flip projections at the guide price.

Works Required

Undertake planning and legal due diligence before purchase. Any conversion, structural, services, insulation, internal fit-out or external works are subject to the necessary consent and cannot be quantified from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not currently underwritable. Planning consent, a defined end layout, works specification, total project cost, achievable rent and refinance value are all unsupported. The £1,800 buyer administration charge is known, but additional seller fees may apply.

Buy-to-Let Analysis

A BTL assessment cannot be established because the barn has no confirmed residential accommodation or planning consent. The £1,300 pcm evidence is an advertised asking rent for a one-bedroom property in Skipton and is not sufficient to establish rent for this asset.

Flip Analysis

A flip surplus cannot be calculated. There is no supported GDV, works allowance or selling-cost allowance, and the planning outcome is uncertain. The supplied comparables range from £165,000 to £525,000 but cover different property types and do not establish a barn conversion value.

Investor Risks & Due Diligence

• Development is subject to planning permission and necessary consent.

• No accommodation or proposed end use is confirmed.

• Condition and required works are not supplied, so project costs cannot be estimated.

• Parking, heating, EPC and council tax information are unavailable.

• The £1,300 pcm rental evidence is an advertised asking rent for a one-bedroom property and may not apply to this barn.

• Additional seller fees may be payable under the special conditions of sale.

• Buyers must undertake their own planning and development due diligence.

Recommendation

Proceed only as a planning-led development opportunity after satisfactory planning, title, access, services, condition and cost due diligence. Do not rely on BTL or flip projections at the guide price.

Strategy Rating

Analysis Confidence

The evidence confirms tenure, vacancy, guide price and development potential only; there is no planning consent, accommodation schedule, condition report, works budget, reliable comparable barn evidence, confirmed rent or complete fee schedule.