Farmhouse & traditional buildings

£600,000

Floorplan

Belle Vue, West Lutton, North Yorkshire, YO25 3AG

Traditional Wolds farmstead set in 6.33 acres (2.56 hectares) with full planning permission for re-development of the farmhouse and conversion of traditional buildings to a substantial 5 bed dwelling.

BEST AND FINAL OFFERS BY 12 NOON FRIDAY 26TH JANUARY

GUIDE PRICE: OVERS OVER 600,000 (FOR SALE AS A WHOLE)

A rare opportunity to purchase a residential farmstead/development opportunity with traditional and modern farm buildings, with planning permisson for redevelopment of the farmhouse (on the site of the current house) and for conversion of the traditional granary into a single dwelling. Belle Vue Farmstead sits within a secluded and sheltered homestead of 6.33 acres or thereabouts and the buildings are worthy of inspection to appreciate the quality of the location alongside their character and development potential.

Sledmere 2.8 miles I Driffield 7 miles I Malton 14 miles I York 24 miles (A64 6 miles) All distances approximate

DESCRIPTION

Belle Vue offers a rare opportunity to purchase an original farmstead with a farmhouse requiring complete renovation with a range of traditional buildings with planning consent for conversion to a further residential unit.

The farm is located 7 miles north of Driffield on the Yorkshire Wolds enjoying a sheltered location with potential scenic views over the Great Wolds Valley.

The property includes a 3 bedroomed farmhouse in need of complete renovation, ranges of traditional and modern farm buildings, extending in total to 6.33 acres of land or thereabouts.


LOCATION AND ACCESS

Belle Vue is situated close to the rural hamlet of Cowlam. The town of Driffield lies 7 miles to the south and provides a range of services including supermarkets, petrol stations, a variety of shops, restaurants, primary and secondary schools and leisure facilities. The market town of Malton lies 14 miles north west and is known as Yorkshires Food Capital.

The estate village of Sledmere is 2 miles west and offers amenities including a farm shop, cafe, primary school and stately home with other leisure activities. The villages of West and East Lutton are 2-3 miles north.

What3words: ///readings.mason.masks

BELLE VUE FARMHOUSE

The farmhouse is a detached property with south facing aspect standing to the north west of the farm buildings. The property is of rendered brick (9" brick) construction under a concrete interlocking tile roof, with predominantly UPVC windows and doors, oil fired central heating. The property has the benefit of planning consent for demolition and the construction of a modern four bedroom farmhouse in accordance with approved architects plans. The existing farmhouse comprises the following accommodation.

GROUND FLOOR

Front Hallway - South facing elevation uPVC door

Sitting Room ( 3.517m x 2.866m):

uPVC window, single radiator (no fireplace)

Living Room (4.361m x 4.018m):

Built in cupboards , double radiator, Conroy oil fired boiler, understairs cupboard

Dining Room (4.309m x 3.934m) :

Double radiator, fireplace with tiled surround

Larder (3.156m x 1.356m): shelving

Kitchen (3.940m x 2.741m) :

Base and eye level kitchen units , stainless steel sink and double drainer, part single glazing windows , double radiator, lino flooring.

Downstairs Bathroom (3.99m x 1.81m) :

Plumb -cast bath with tiled panels, low flush WC, carpet, walk in shower, single radiator, double glazed window, tiled throughout.

Rear Porch (2.271m x 2.597m):

FIRST FLOOR

Bedroom 1 ( south west: 4.371m x 3.521m):

Two double radiators, built in cupboard, blocked fireplace

Dressing Room (3.052m x 2.13m):

Built in cupboards

Bedroom 2 (south west: 4.018m x 4.341m):

Single radiator

Bedroom 3 (4.028m x 2.126m min):

Single radiator

OUTSIDE

There is a small garage/store to the west of the farmhouse. To the north of the farmhouse is a concrete parking area with lawned garden surrounding the house to the north and south.

BELLE VUE FARM BUILDINGS

The buildings comprise of ranges of traditional and modern agricultural buildings and the barn/granary range has the benefit of planning consent for conversion to a 5 bedroom detached dwelling, the existing buildings comprise of:

Garage/Port (7.3m x 5.15m):

Open to north, brick under fibre cement, 2 bays, earth floor

Cart Shed (8.228m x 5.148m):

As above, part concrete block and brick rear walls.

Dutch Barn (8.93m x 18.28m):

Steel portal frame construction, part earth/concrete floor, fibre cement roof, plastic coated steel cladding to west elevation.

Adjoining to the north Lean- To (7.506 x 18.28m):

Timber frame construction , part concrete/earth floor, galvanised sliding door to west, timber sliding door to east elevation.

Adjoining to the eastLean-To Pole Barn (8.93 x 7.506m):

Galvanized cladding, plastic coated steel/galvanised roof.

The Dutch Barn and associated lean to structures are to be removed as part of the S106 agreements if the residential use of the Bar/Traditional Granary is triggered under planning consent 22/00476/GPAGB

Barn/Traditional Granary (29.35m x 5.35m):

Brick construction under slate roof divided into loose boxes with a south facing aspect.

Adjoining to the north is a Former Chemical Store (3.95m x 2.65m ) of concrete block construction.

Adjoining to the east is a TraditionalRange (5.50m x 22.75m):

Brick under pantille range , 3 open bays, 2 loose boxes to the south.

These buildings benefit from the permitted development approval for residential use,

Covered Fold Yard (23.8m x 11.3m):

Steel portal frame covered fold yard fibre cement roof, part concrete roof, open to the south. If the residential use of the Barn/Granary is triggered as part of planning consent 22/00476/GPAGB, this building is to be removed as part of a S106 agreement.

LAND

The property includes a grass paddock to the north extending to 2.12 acres with established shelter belt which encloses the homestead to the north.

The land is classified as Grade 2 by the DEFRA Agricultural Land Classification and forms part of the Burlingham 2 soil series being a chalky till soil.


SERVICES

Mains electricity and water are supplied to the farmhouse and mains electricity and water to the buildings. We understand that the existing house is serviced with septic tank drainage.

PLANNNG CONSENTS

Farmhouse

Full planning permission for the demolition of the existing farmhouse and construction of a 4 bedroom dwelling on the site was approved by the Ryedale Distcrict Council on 8th September 2021, reference 20/01263/FUL.

Farm Buildings

Full planning permission for the conversion of the traditional agricultural building to a five bedroom dwelling was approved by Ryedale District Council on 10th August 2022. A copy of the approved plans can be accessed via the planning portal using the reference 22/00476/GPAGB.

A section 106 agreement provides for the removal of the modern agricultural buildings if the development of these buildings is commenced.

The planning portal search link:

https://planningregister.ryedale.gov.uk/caonline-applications/

GENERAL REMARKS AND STIPULATIONS

METHOD OF SALE

The property is for sale as a whole by Private Treaty. Interested parties should register their interest with Dee Atkinson and Harrison to be kept informed as to how the sale will be concluded.

TENURE & POSSESSION

The property is for sale freehold with vacant possession on completion

SPORTING & MINERAL RIGHTS

In so far as they are owned, the sporting and mineral rights are in hand and are included in the sale.

PUBLIC RIGHTS OF WAY, EASEMENTS AND WAYLEAVES

The Vendors will retain rights to access to the pole mounted Northern Power Grid transformer on the southern boundary line in the event they need a connection for their retained land.

The Vendor is to retain a right of access for all purposes over the farm access between points A, B, E and F contributing to the reasonable repair and maintenance of the access track according to user..

The land is sold with the benefit of all according to user granted rights of way, water, support, drainage, electricity supplies, light, or other easements or quasi easements and restrictive covenants and all existing or proposed wayleaves for electricity, drainage, water, gas and other pipes whether shown on the plan or indicated in these particulars or not and without any obligations to define the same respectively.

VAT

In the event that the sale of the property or any part of it or any right attached to it becomes chargeable for the purposes of VAT, such tax will be payable in addition to the purchase price. As far as the Vendors are aware the property is not subject to VAT.

FENCING OBLIGATIONS

The Purchaser(s)is to construct a post and four rail fences between points C, D, E and F.

RESTRICTIVE COVENANT

The property will be subject to a restrictive covenant in which the residential development of the site will be limited to two residential dwellings in the interests of preserving the amenity of the site and retained farmland.

PLANS, AREAS & SCHEDULES

The plans provided in these sales particulars are for guidance only. It is the responsibility of the Purchaser(s) to verify the boundaries and area of the property before completing a sale. These sales particulars were completed in October 2023.

LOCAL AUTHORITY

North Yorkshire Council (Ryedale area), Ryedale House, Old Malton Road, Malton, YO17 7HH. Telephone 0300 131 2131

GUIDE PRICE

Offers in excess of 600,000

REGISTRATION OF INTEREST

Interested parties are required to register their interest with Dee Atkinson and Harrison in order to be kept informed as to how the sale will be concluded.

VIEWINGS

Strictly by Appointment through Dee Atkinson & Harrison 01377 253151

HEALTH & SAFETY

Please note that the site comprises a redundant farmstead with hazards and no access is permitted without permission from the agents.

CONNECTED PERSONS

Please note that the Vendors of this property are connected to Dee Atkinson & Harrison.

FURTHER INFORMATION

Contact: Tel 01377 253151

Davina Fillingham MRICS FAAV NSch

Email: [email protected]

or

Amelia Preston BSc Hons

Email: [email protected]

Dee Atkinson & Harrison

The Exchange

Exchange Street

Driffield

East Yorkshire

YO25 6LD


Details prepared: October 2023




Nearest Stations:

7 miles
Driffield
7.82 miles
Nafferton
9.77 miles
Hutton Cranswick
10.75 miles
Hunmanby
11.22 miles
Malton

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 497700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 15000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 47700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message