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£1,000,000 Guide Price
Bedrooms
Bathrooms
A gloriously sited former stud farm, an ideal working livery offering considerable potential as a pre-training establishment with immediate access to public bridleways.
Requiring renovation and refurbishment, please be advised this property is subject to a traditional agricultural occupancy condition (AOC).
Detached 3 bedroom bungalow (presently split with a one bedroom annexe) with indoor barn/school and 20 box yard
Stable yard with 20 stables and covered turnout area with accompanying all weather manage.
Post & railed paddocks and pasture
In all around 7 acres (2.83 ha)
Church Farm Stud is blissfully located, set back from Church Lane in Ripe, Nr Lewes. It features a detached three bedroom bungalow and circa 7 acres of garden and land, including traditional grass fields and turnout paddocks. So gloriously sited, this former stud farm, is an ideal working livery whilst offering considerable potential as a pre-training establishment, with immediate access to public bridleways.
The property is within the Ripe Conservation Area but outside the South Downs National Park and High Weald AONB. Its described as having excellent communication links, with access to the A27, A26, and A23.
A superb opportunity to acquire an equestrian facility with an indoor school; man"ge; tack room, feed store and fifteen loose boxes. With 7 acres of pasture, and a detached two bedroom bungalow with attached one bedroom Annexe, this property offers huge potential for home and income either as a livery yard, Riding School or as a lock-up storage facility. The freehold is being sold by Private Treaty with vacant possession on behalf of the Executors.
The Bungalow and Annexe require modernisation and refurbishment with the opportunity for a
vaulted ceiling, and the potential to be reconfigured or extended subject to the appropriate
Planning Consents being obtained.
The Bungalow currently comprises Hallway with wall mounted meters; fitted Kitchen with pinefronted wall and base units with worktop over, space for under counter washing machine, free
standing space for cooker and fridge freezer, under counter Grant oil fired boiler; fully tiled
Bathroom comprising panel bath with electric shower over, pedestal hand basin, low level WC;
inner Hall with stable door to an enclosed porch; double aspect Sitting Room with French doors
opening onto the rear garden; Bedroom 1 with double aspect; Bedroom 2 overlooking the garden.
The South-Westerly facing rear garden is of a good size bordered by mature hedging and a post
and rail fence. Laid predominantly to lawn with a mature Cherry Tree, wooden garden shed, there
is a full width paved terrace leading to the side double wooden gate offering vehicular access,
outside tap.
The water damaged Annexe has been stripped and relined and comprises functioning Shower
Room; Bedroom and open plan Kitchen/Sitting Room with French doors onto a small, fully
enclosed, South-westerly facing rear garden laid to lawn.
The stabling consists of twenty loose boxes constructed of brick with part tiled and part
corrugated roofs around a large concrete yard with through access to the indoor school and
paddocks beyond. There is also a separate covered stable block with a further four loose boxes
with corrugated roofing.
The indoor school is a portal-framed former agricultural barn with corrugated roof and elevations,
electric light and power with ample hard standing for horse box parking.
The post and rail enclosed man"ge is situated to one side of the bridle path that runs through the
property and is approached via a shared access.
Entrance to the acreage is through the yard and consists of traditional grass fields and post and
rail fenced paddocks with mature hedging to the borders.
This is a highly desirable and flexible property with huge potential in the much sought after village
of Ripe, those looking to establish commercial activities such as a professional dog training facility or substantial storage facilities, particular for vehicles or motor homes.
Local authority: Wealden District Council - Tax band F
Services: Mains water, Electricity & Drainage are appointed to the property. Electric Heating
Riding School - 30.35m x 21.06m (997' x 691) -
Bungalow -
Entrance Hall -
Kitchen - 3.61m x 3.10m (1110' x 102') -
Bathroom -
Sitting Room - 5.46m x 4.80m (1711' x 159') -
Bedroom - 3.63m x 2.34m (1111' x 78') -
Bedroom - 4.88m x 3.71m (16' x 122') -
Reception Room - 4.83m x 4.75m (1510' x 157') -
Bedroom - 4.75m x 2.74m (157' x 9') -
En-Suite -
Separate Outdoor W/C -
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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