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28 Market Place, Wetherby
£750,000 Offers in excess of
A rare development opportunity for the equestrian enthusiast to establish a bespoke business and home within 17.75 acres of paddocks including a barn with consent to create a three bedroom dwelling (2075 sqft) alongside existing outbuildings including stables, indoor area, modern barns and menage.
Granary farm is a unique holding of land and equestrian outbuildings ( in all 17.75 acres) , currently operated as a livery yard along with a substantial detached barn now benefitting from valuable planning permission for development into a three bedroom dwelling to provide circa 2075 sqft of accommodation solely for the occupation of the operators of the equestrian business ( Decision No ZG2023/1051/FUL).
VIEWING STRICTLY BY APPOINTMENT ONLY
Conveniently location in open countryside some 8 miles to the West of Selby and within easy travelling distance of excellent motorway links the land holding is well maintained and level in nature being drained by a system of well-established dykes.
In addition to the detached barn for extension and conversion into a dwelling there are significant dedicated equestrian buildings and facilities to include :
' Nine stables ( arranged in block of six / block of three along with pony box
' Floodlit covered riding arena ( 30m x 15m )
' Floodlit outdoor riding arena with Fibrelok surface (50m x 20m)
'Modern barn (18m x 9m) plus open barn (24m x 6m)
'Nissan hut / workshop (10m x 4.25m)
The property offers a rare opportunity to combine business and home interests in a sought after rural setting within easy travelling distance of the highly regarded villages of Monk Fryston and Hillam with a wider range of amenities available in the market town of Selby. The busy commuter will appreciate the road links to the major commercial centres in Yorkshire and Humberside.
AGENTS NOTE : The occupation of the dwelling shall be limited to a person solely or mainly
employed or last employed in the business occupying the plot edged blue on the
attached plan 2021-06-32 Rev C received 18th April 2024, or a widow or widower
of such a person, or any resident dependants.
The premises cannot be operated as a cattery or dog kennels onder the terms of a covenant.
Proceeding out of Hillam towards Gateforth on Hillam Common Lane after approximately two miles turn right into Pighill Nook Road and the entrance Granary farm will be seen on the right hand side, identified by our for sale board.
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.
28 Market Place, Wetherby
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