Fleet Barn Development

Excellent land development option with opportunity for barn
style house construction.

The property

An atmospheric c. 1.302 Acre site for the development of a Grade II Listed Hornton stone-built detached barn, the refurbishment and extension of the existing Farmhouse and the construction of two “barn” style house. Great land development project that combines several approaches, suitable for rustic style lovers.

Barn style conversions are in high demand.

There are four different developments outlined for this plot as described below all with approved planning permission granted:

  • Fleet Farm Barn (Unit 4) – An existing Grade II Listed detached Hornton stone-built building, which will when developed, offer 225 sq M / 2411 sq ft living accommodation.
  • Fleet Farm House (Unit 3) – An existing detached house of Hornton stone, to be refurbished and extended, that will offer 196 sq M / 2110 sq ft living accommodation.
  • Barn House 1 (Unit 2) – A new build “barn” style house of feather boarded elevations that will offer 166 sq M / 1787 sq ft living accommodation
  • Barn House 2 (Unit 1) – A new build “barn” style house of feather board elevations that will offer 139 sq M / 1496 sq ft living accommodation

Barn style conversions are in high demand and not often available on the market. This is more of a blue-chip product offering great design, build and attractive proposal for the end buyer.

The
Location

The property is located in a village with an international musical reputation, great connectivity by both road and rail and one of the most picturesque village greens in the County. In addition to that, Oxford is one of the most desirable and recession proof cities in the UK. It’s a very sought after rural location and the investment offer is once in a life-time opportunity.

INVESTMENT
DETAILS

Purchase Price: £730,000
Refurbishment Cost: £1,500,000 (Development finance)
Gross Development Value (GDV): £2,800,000
Potential Profit: £400,000.00
Return On Cash Employed Annual (ROCE): 20%

“I wanted to get the right return but was nervous about taking too much risk.”

DON’T JUST TAKE
OUR WORD FOR IT...

Preetesh came on board with Seed as we started this project back in 2014..

“Working with Seed has been fantastic. I wanted to get the right return but was nervous about taking too much risk. Raj and his team have been incredibly supportive throughout the process, and I’m looking forward going into my next project with Seed”

– Preetesh Varsani

See more...

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