House · PO41 0SZ
For saleListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A good quality modern timber framed barn located around 1.5 miles from the historic harbourside town of Yarmouth and is available as a whole or in two lots, with power, light, plumbing and concrete flooring.
Available to the market for the first time, is this quality barn which benefits from a separate space with a shop and stairs to a first-floor storage room.
The barn(s) would suit a variety of different uses and are located in the centre of this sought after village with excellent access from the main road.
The barn is available as a whole or in two lots with provision for a separating wall to divide the two.
Please look at the floor plan, which delineates Barn 1 & Barn 2 – currently it is just one detached barn.
There will be a strip of land to the northern side of the barn to allow for plenty of parking.
The property is located in this sought after and rural village of Wellow, which is located a short drive from Yarmouth where there are two ferry companies and a good range of amenities and services.
The village of Shalfleet is around 5 minutes’ drive, and has a popular village school, shop, church, pub and access to the Newtown Nature Reserve.
From the barn to the south there is a fine aspect over attractive rural fields with The Downs (hills) beyond. The property would suit a variety of different uses, subject to planning.
It is currently used for storage of agricultural equipment, a retail premises and some livestock are housed at one end.
There are several pedestrian access doors into the building with two large doors – perfect for bulky trailered items or tractors.
The building is timber framed and has been sympathetically timber clad with several skylight roofing panels allowing plenty of natural light into the building.
There are two storage rooms in the centre with the ground floor room benefitting from south facing double glazed windows.
The barn will have parking immediately to the south and a section of land on the eastern side, which could also be used for parking.
Note: Unless otherwise, agreed, the sellers would require use of the barn until September 2026.
The sale will be subject to a residential overage clause of 20% over 30 years Tenure Freehold, with a right of way from Wellow Main Road. Services Water, light and basin drainage.
There are 3 wash hand basins in the barn. Postcode PO41 0SZ Viewings Strictly by prior appointment with the sole selling agents, Spence Willard. Important Notice 1.
Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc.: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc.: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Barns at Wellow Alpaca Stud, Main Road, Wellow
Explore nearby