£350,000 in luxury homes. has decreased to

Home buyers always love to bargain – be it at auction or securing their dream property after some normal negotiations with sellers.

With the average home price in the West Midlands now at £248,316, according to Rightmove, many buyers try to make a few thousand pounds less than the asking price.

However, when it comes to premium homes, the savings can be significant. We have found five homes in our area that have recently been demoted, meaning buyers can save between £100,000 and £250,000 off the original market value.

Read more:On the market: Birmingham home, believed to have been visited by Walt Disney

Newton Road, Great Burroughs

Close to Red House Park and a short drive to Junction Seven of the M6 ​​is this six-bedroom detached home in Great Bar.

On the market for £1 million, it has lost a whopping £250,000 off the listing price since being put up for sale in November.

However, the property, which also has four bathrooms, is currently being refurbished and is offered as cash value only to reflect that it is a shell and requires a kitchen and bathroom to set up. is required, as well as all other tasks to be completed.

The agent, Connell, says that anyone looking to buy it as an outright property can do so at an original asking price of £1.25 million.

They say: “The seller has advised that the kitchen and bathroom are on order and will be fitted upon customer request. Any person who wishes to obtain a mortgage at the place of sale should advise the office while making the offer, as disclosed that the property is currently only a shell.

The home has a wraparound driveway for multiple vehicles, underfloor heating in the lounge and kitchen. Two fold doors open to the rear garden.

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Lovelace Avenue, Solihulli

This Grade II listed home is located on one of Solihull’s most sought-after streets and has been reduced to £200,000 since Christmas.

After listing for £1.35 million last year, it is now on the market for offers worth over £1 million.

Designed in the 1950s by famed architect Dee Rosslyn Harper for her and her family to live in, it is a four-bedroom home inspired by pioneering American architect Frank Lloyd Wright, whose 1935 home Fallingwater was described as “the best of all.” ” has been described as. Time Work of American Architecture”.

79, Lovelace Avenue, Solihull, Grade II listed

Agents Property Consultants said the home has caught the attention of potential buyers, but they are more interested in the land and want to demolish the house to rebuild a grand design of their own. However, because it is listed, the property is protected.

It sits on an area of ​​0.65 acres and comes with full planning permission for sympathetic expansion.

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Forge End, Penn Lane, Tanworth-in-Arden

First listed in October 2020 for £1.95 million, this six-bedroom, five-bathroom home in Tanworth-in-Arden’s beautiful Warwickshire is now on the market for £1.685 million. It was last reduced in December when it was shaved at a cost of £65,000.

It has been described by agents Knight Frank as “beautiful and large family home with immaculate gardens” and in “an idyllic location, private yet not isolated, and located a short distance from the village centre”. sits.

The ground floor has three reception rooms – a large sitting room facing the driveway, a garden room with a garden door, a drawing room that also opens onto the garden, as well as a study and open-plan kitchen, breakfast, family rooms.

The Forge, which has been reduced to £265,000 and is now on the market for £1,685 million

The kitchen area features granite worktops and breakfast bar as well as integrated appliances such as oven, microwave, fridge freezer, dishwasher, washing machine and dryer. This living room has a dining table and a seating area with folded back doors.

Another open-plan kitchen is the dining room with integrated appliances including a fitted unit, breakfast bar, range-style cooker, double oven microwave, fridge freezer, and dishwasher.

The first floor houses the main bedroom suite with a dressing room and en-suite bathroom and two more double bedroom suites via a separate staircase. Each of these comes with attached shower rooms and fitted wardrobes.

The other are three bedrooms, one of which has attached facilities and a family bathroom.

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Lewberry Close, Aisho, Kenilworth

With open countryside views, 1.5 acres of grounds, and 6030 square feet of living accommodation, this six-bedroom home is located in one of Warwickshire’s most sought-after villages.

The Levberry Close is on the market for £2.575 million, which has been reduced by £100,000.

It has four reception rooms, four bathrooms, underfloor heating on both the ground floor and the first floor and a sophisticated CCTV and alarm system.

This six-bedroom home has been reduced by £100,000 and is now 2,575 m.  Available in pound market

The large reception room overlooks the back garden and French doors open into the courtyard. The focal point of this room is a modern Inglenook fireplace with log burner, Bresmer beams, and brick herringbone hearth.

The dining room also has views of the garden, while the family room has a bespoke media center mounted into the wall.

The kitchen has four sets of French doors that lead to the back and side gardens and is equipped with bespoke sage Shaker-style cabinets, as well as integrated American-style fridge freezers, dishwashers, wine coolers, and four-door fireplaces. A central island has a breakfast bar, equipped oven and microwave.

A cloakroom and study complete the ground floor accommodation.

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Upstairs is a triple aspect main bedroom with dressing room, fitted wardrobes and drawers, as well as en-suite bathroom with large walk-in rainforest shower, bath, heated towel ladder, WC and wall hung wash hand basin.

Two more bedrooms have en-suite amenities, while the fourth bedroom has an englenook fireplace, log burner, granite hearth and fitted oak cupboards.

There are five and six bedrooms on the second floor.

South-facing gardens are landscaped and include lawns, hedges, mature borders with shrubs and trees, a pond, terrace, and oak verandas covered with light. A two-acre paddock in front of the property is also available for sale through separate negotiations.

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Church Lane, Barford, Warwick

First listed in December 2021 for £1.3 million, this Grade II listed barn conversion in Barford has now been reduced to under £100,000.

The detached, five-bedroom property, part of which is a thatched hut, is described as “located in a deep position in the heart of this desirable village”.

It has a wealth of character features including exposed wood and fine roof trusses, exposed brickwork, antique fireplace with an englenook, antique boarded floors, very old front door and an Arts and Crafts fireplace.

This Grade II listed barn conversion is now £1.3 million, raising it to £100,000.  after reducing from

Accommodation spans four reception rooms – living room, orangery, music room and computer room – as well as a kitchen with limestone floors, painted units with island, Lacanche range cooker and integrated appliances.

As well as the living space on the ground floor, there is an additional room that can be used as a sixth bedroom and has an attached toilet with wash basin. The five bedrooms are on the first floor and include a master suite with fitted oak furniture and en suite and two shower rooms. The second floor has an attic studio.

The garden has a high brick wall for lanes and hedging, as well as lawns, borders, two brick and tiled Victorian garden stores and an arm gate to the recreation area at the rear of the property. There is also a 17 ft spa pool right next to the house.

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