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£18,000 Guide Price
SITUATION
The Land is located on Somerton Moor with direct access from Steart Drove, Pitney Moor Drove, Pitney Straight Drove and Walton Drove. The market town of Somerton is about 4 miles to the south east and Langport is some 5 miles to the south west.
DESCRIPTION
The sale comprises four useful single enclosures of permanent pasture land which has been utilised for livestock grazing and fodder production in recent years and extends in all to about 34.10 acres (13.80 hectares). The land can be accessed via Steart Drove (highway) and then onto Pitney Straight Drove, Pitney Moor Drove and Walton Drove. All of the land is enclosed by natural watercourses.
LOT 44.60 acres (1.86 ha) fronting Walton Drove
A single enclosure of permanent pasture land with access from Walton Drove. The land is enclosed by natural watercourses and lends itself well to grazing and fodder production. The land is shown edged yellow on the plan.
For sale by In Room & Livestream Auction on Thursday 25th September 2025 at 2.00pm.
SITUATION
The Land is located on Somerton Moor with direct access from Steart Drove, Pitney Moor Drove, Pitney Straight Drove and Walton Drove. The market town of Somerton is about 4 miles to the south east and Langport is some 5 miles to the south west.
DESCRIPTION
The sale comprises four useful single enclosures of permanent pasture land which has been utilised for livestock grazing and fodder production in recent years and extends in all to about 34.10 acres (13.80 hectares). The land can be accessed via Steart Drove (highway) and then onto Pitney Straight Drove, Pitney Moor Drove and Walton Drove. All of the land is enclosed by natural watercourses.
LOT 44.60 acres (1.86 ha) fronting Walton Drove
A single enclosure of permanent pasture land with access from Walton Drove. The land is enclosed by natural watercourses and lends itself well to grazing and fodder production. The land is shown edged yellow on the plan.
SERVICES
The lands are understood to benefit from natural water supplies (rhynes).
Local Authority: Somerset Council.
DIRECTIONS
From the centre of Somerton (B3153) head onto Bancombe Road, continuing out the town for about 1 mile. Continuing forward onto Park Lane for a further mile, through the s-bend and then take the immediate right hand turning on the Steart Drove. Proceed forward for a further 0.50 miles you will then enter on to Walton Drove and the land can be found off their respective droves and will be identified by Greenslade Taylor Hunt For Sale Boards.
What3words:
Lot 1 ///reliving.results.swatted
Lot 2 ///readings.reputable.tube
Lot 3 ///dangerously.numeral.carriage
Lot 4 ///promise.interacts.ladders
DESIGNATIONS
The lands are currently understood to not be subject to any known designations.
COUNTRYSIDE STEWARDSHIP & SUSTAINABLE FARMING INCENTIVE
There are no current Environmental or Sustainable Farming Incentive Agreements in place on the land.
OUTGOINGS, RIGHTS OF WAY, AND EASEMENTS
There are no known public rights of way crossing the land. The land, as far as required by the Vendors, will be conveyed, subject to all other public or private rights of way, easements, and wayleaves of telegraph and telephone poles, stays and wires, electric pylons, poles and cables, water and gas pipes at present erected on and passing over or under the property and subject to the agreements affecting the same (if any). There are no outgoings as far as we are aware.
SPORTING AND MINERAL RIGHTS
The sporting and mineral rights so far as they are owned, will be included in the freehold sale.
TENURE
The property is of freehold tenure with vacant possession available upon completion of the sale.
METHOD OF SALE
The property will be offered for sale by in room and livestream auction on Thursday 25th September 2025 at 2.00pm. GTH Property and Land Auctions.
The auction will be held at Sedgemoor Auction Centre, North Petherton, Bridgwater, TA6 6DF.
It is possible that the property may be sold prior to the auction date, therefore it is advisable for interested parties to register their interest with the Agents and it is their responsibility to check with the Agents whether the property will still be offered on the auction date.
AUCTION PACK
The Auction Pack, containing the contract and special conditions of sale, should be obtained online. Future auctions held by Greenslade Taylor Hunt Online (eigroup.co.uk) These documents will not be read at the time of sale and all prospective purchasers will be deemed to have bid for the property in full knowledge of their contents and shall not raise any requisition or objection whatsoever thereafter.
BUYERS ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay a Buyers Administration Fee based upon the eventual sale price to the selling Agents. Further details are available from the selling agent.
BIDDER REGISTRATION
All potential bidders are required to register their details with Greenslade Taylor Hunt prior to the commencement of the auction by completing the Online Bidder Registration. Those attending the auction room in person can register on the day. Further details are available from the Agents upon request. GTH Property and Land Auctions.
CONDITIONS OF SALE
If you are the successful Buyer you will, from the moment the Auctioneers gavel falls - become legally bound by the Conditions of Sale in relation to that Lot. Further details are available from the Agent. It will be assumed that you have read and considered the Conditions of Sale and any other relevant documents for the Lot (s) you are interested in before the day of the Auction, that you have shown them to your professional advisors and taken their professional advice before bidding. All buyers will be deemed to fully understand what they may be liable for if successful in purchasing. This should also include Stamp Duty Land Tax, Land Registry fees and VAT which may become payable on completion. If a potential purchaser is in any doubt they should seek advice from their own professional advisors.
CONSUMER PROTECTION REGULATIONS
While we endeavour to make our sales details accurate and reliable, if there is any point which is of particular interest to you please contact the office and we will be pleased to confirm the position for you, particularly if you are contemplating travelling some distance to view the property.
FARM PROPERTIES HEALTH & SAFETY NOTICE
All persons wishing to view the property do so entirely at their own risk. Neither the Vendors or their Agents will be held liable for any damage, personal injury or claim for compensation that may occur when interested parties are visiting the property. A working farm is a potentially hazardous environment and for prospective purchasers own personal safety, please be vigilant when viewing the farm, particularly around the farmyard and in fields containing stock. All potential purchasers are asked to observe the country code and close all gates.
IMPORTANT NOTICE
Greenslade Taylor Hunt, their clients and any joint agents give notice that:-
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. All measurements are approximate. Any field numbers and areas shown on the attached plan are based on the Ordnance Survey and are for identification purposes only. They do not necessarily correspond either with the National Grid plan numbers or with those produced on the Rural Land Register. It should not be assumed that the property has all necessary planning, building regulation or other consents and Greenslade Taylor Hunt has not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
We have not made any investigations into the existence or otherwise of any issues concerning pollution of land, air or water contamination and the purchaser is responsible for making his own enquiries in this regard.
For clarification we wish to inform any prospective purchasers that we have prepared these sales particulars as a general guide. They must not be relied upon as statements of fact. We have not carried out a detailed survey, nor tested the services, heating systems, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. If there are points which are of particular importance to you please contact the office prior to viewing the property.
Photographs taken August 2025
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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