Land for sale

£1,500,000 Guide Price

109.03 ACRES (44.12 HECTARES) OF ARABLE WOLD LAND

NEWBALD, NEAR BEVERLEY, EAST YORKSHIRE

GUIDE PRICE 1,500,000 (AS A WHOLE OR IN TWO LOTS)

BEST AND FINAL OFFERS BY 3PM THURSDAY 14TH AUGUST


DESCRIPTION

The land, as shown edged red and blue on the plans included within these particulars, comprises productive and versatile Grade 2 Wold arable land located to the north of Hunsley Road (B1230) and to the west of High Hunsley crossroads, a short distance to the south of the villages of North and South Newbald.

The land lies between 140-161 metres above sea level, is generally level and well suited to modern farm machinery. The soils are within the Panholes soil series, capable of growing high yielding crops including cereals, oilseeds, peas and potatoes.

LOCATION AND ACCESS

The land is located on the B1230 Hunsley Road with extensive road frontage thereto and is situated around 1.4 miles from North Newbald and 7 miles from Beverley. Both lots 1 and 2 have access road frontage to and access from Hunsley Road and Whin Lane leading to Trundlegate and Newbald village.

THE LAND IS AVAILABLE AS A WHOLE OR IN TWO LOTS:

LOT 1

Extending to around 49.13 Acres (19.88 Hectares), Lot 1 consists of two parcels of productive arable land currently cropped with Winter Wheat and Winter Barley.

LOT 2

Extending to around 59.90 Acres (24.24 Hectares), Lot 2 consist of two parcels of productive arable land, one parcel within an existing Sustainable Farming Incentive agreement and an area of hardstanding off Hunsley Road. The land is currently cropped with Winter Barely and Oilseed Rape.

GENERAL REMARKS AND STIPULATIONS

METHOD OF SALE

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

The Vendors reserve the right to complete a sale by any other means at their discretion.

TENURE & POSSESSION

The title number is HS271858.The land is currently Freehold and is offered with Vacant Possession upon completion of sale.

AGRI - ENVIRONMENT SCHEMES

Around 5.36 acres (2.17 hectares) of Lot 2 is entered into a Sustainable Farming Incentive (SFI) agreement under option CAHL3 Grassy field corners and blocks, due to end on 30 November 2027.

SERVICES

As far as the vendor is aware there are no services to the land.

NITRATE VULNERABLE ZONE

The land is included within a Nitrate Vulnerable Zone.

SPORTING AND MINERAL RIGHTS

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

PUBLIC RIGHTS OF WAY, EASEMENTS AND WAYLEAVES

The land is sold with the benefit of all the accustomed or granted rights of way, water, support, drainage, electricity supplies, light, or other easements, or quasi easements andrestrictive 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.

A public footpath, forming part of the Yorkshire Wolds Way National Trail, runs along the eastern boundary and partly along the southern boundary of Parcel Three.

The Easington to Asselby national gas transmission pipeline transects the land.

HISTORIC BEACON

Located within the title is the High Hunsley Beacon.

PLANS, AREAS AND SCHEDULES

The plans provided in these sales particulars and the areas stated are for guidance only and are subject to verification with the title deeds.

INGOING VALUATION

If an ingoing valuation is required the Purchaser(s) will, in addition to the purchase price, pay an ingoing valuation for any growing crops, acts of husbandry, cost of cultivations,

seed, fertiliser and sprays. The value of the ingoing payment will be set by Dee Atkinson & Harrison.

PLANNING

Planning enquiries in respect of the land should be directed to:

East Riding of Yorkshire Council,

County Hall,

Cross Street

Beverley HU17 9BA

Tel: 01482 393939

CONTAMINATED LAND

The Vendors are not aware of any land having been filled with any contaminated matter referred to in the Environmental Protection Act 1990. The Vendors do not give any guarantee in this respect and advises the Purchaser(s) to undertake enquiries and investigations, which may be necessary to satisfy themselves that none of this land is so filled.

VAT

In the event that the sale of the land 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.

VIEWING

Viewing of the land can be arranged by prior appointment with Dee Atkinson & Harrison.

HEALTH AND SAFETY

Please note that the land is currently part of a working farm with potential hazards. Please be vigilant when viewing the land.

FURTHER INFORMATION

For further information please contact:

David Atkinson MRICS FAAV

Tel: (01377) 253151

Email:[email protected]

Sales particulars prepared: June 2025

Please note that if you have downloaded these particulars from the internet you will need to register your interest with our office to be kept informed of the sale process.


Nearest Stations:

3.43 miles
Beverley
4.51 miles
Cottingham
5.36 miles
Arram
7.04 miles
Ferriby
7.17 miles
Brough

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

£ 1256450

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
    £ 37500
  • 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

£ 131450
  • 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

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  %
£
  %

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

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