4 bedroom smallholding 307 place of worship for sale

£1,300,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

A purpose built dairy farm centred upon a 4 bedroom farmhouse (AOC), together with a modern range of farm buildings and 44.62 Acres of productive arable and pastureland.




Ashcombe Farm was acquired as bare land in 2010 by the current owners who have since obtained planning permission and built a modern range of buildings used for dairying along with a spacious four bedroom dwelling (AOC).
The vendors are selling following a decision to relocate to Scotland to continue their passion for farming.

THE FARMHOUSE
Ashcombe Farmhouse was completed in 2012 subject to an agricultural occupancy condition and is of rendered block elevations under a pitch slated roof and enjoys double glazing and oil-fired central heating throughout. The accommodation in brief comprises an entrance hall with stairs rising to the first floor, to the side is a dual aspect living room with log burning stove and French doors lead through to an L-shaped kitchen/dining room. This room also enjoys a dual aspect and is fitted with a modern range of base and wall units containing a number of integral appliances. A door leads off to a utility, w/c and office. Upstairs are four double bedrooms with principal en-suite and family bathroom.

THE LAND
The land associated with the property is contained within a ringed fence and comprises a block of gently undulating arable and pastureland with the majority capable of growing combinable crops. The land is classified as Grade III on the Defra Land Classification map and ranges between 100m and 130m above sea level. The land associated with this lot extends to approximately 44.62 acres as shown on the attached identification plan.

SPORTING RIGHTS
We understand are in hand and run with the freehold.

SERVICES
Mains and private water, mains electricity, drainage to a private system.

OUTGOINGS
Council Tax on the house - Band E.

RIGHTS OF WAY, EASEMENTS, WAYLEAVES, ETC.
The property is sold and as far is required by the vendors and will be conveyed subject to all rights of way, easements and wayleaves of telegraph and telephone poles, stays and wires, electricity pylons, poles and cables, water and gas pipes at present erected on the passing over or under the property and subject to the agreement effecting the same (if any). A footpath traverses Lots 1, 2, 3.

TENURE AND TENANCIES
The property is offered with freehold tenure with vacant possession available on completion. Vendors retain the right of holdover should there be any unharvested crops.

TOWN AND COUNTRY PLANNING
The farm is subject to an Agricultural Occupancy Condition. For the exact details please contact the selling agents.

The wording of the tie is as follows:-
The occupation of the dwelling shall be limited to a person solely or mainly employed or who being no longer employed, was last employed in the locality in agriculture as defied in Section 336(1) of the Town and Country Planning Act 1990 or in forestry (including any resident dependants or a widow or a widower of such a person).

ENVIRONMENTAL SCHEMES
The land is subject to a SFI Agreement which commenced in November 2024. For further details, please contact the selling agents.

ADDITIONAL INFORMATION
Broadband: ADSLStandard broadband is availablehighest available download speed 13 Mbps, highest available upload speed 1 Mbps. (Openreach).

Mobile Coverage: Available via EE, O2, THREE and VODAFONE. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.

Flooding: The property is in an area at a VERY LOW RISK from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).

The property is situated to the east of Lydeard St. Lawrence set within rural surroundings dominated by agriculture. The village itself has a thriving primary school, parish church and village hall. Some 3 miles away is the larger centre of Bishops Lydeard where facilities include a Doctors surgery, convenience store, garage, pubs and caf.

Taunton, the county town provides a complete range of scholastic, retail and leisure facilities, a national hunt racecourse and Somerset County cricket ground. Communication links include a main line rail link to London/Paddington and access to the M5 motorway at Junction 25. Sedgemoor Auction Centre is located at North Petherton and International Airports can be found at both Bristol and Exeter.

OUTSIDE
The property is approached off a quiet country lane over a concrete driveway which sweeps down to the rear of the property and continues to the farm buildings. To the rear of the house is parking for several cars and access to a double garage. The main gardens lie to the south and are predominantly lawned, contained within natural hedgerow boundaries.

THE FARM BUILDINGS
The farm buildings lie adjacent to the farmhouse and comprise a range of steel framed covered yards containing a 20/40 parlour with collecting yard and associated fittings (12m x 37m) with a 220 head optimum throughput. Adjacent is a return passage (37m x15m) together with a lean to fodder store (10m x 37m). The buildings have been designed for a low input system but could easily be converted to alternative farming operations if required. Adjacent to the buildings to the north is a slurry lagoon.

Map location is not available for this property.

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

£ 1081450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 32500
  • 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

£ 106450
  • 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.

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

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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

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  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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