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£395,000
2 bed Bungalow - detached
Price:
£395,000 Get Prequalified Today
Contact:
01522 504304
BR/BA:
2 BR, 1 BA
Location:
Horncastle, Lincs
Description:
Bungalow divided into two 2 bedroom dwellings - Equestrian property - 10 stables and outbuildings - 14.75 acres/5.97 hectares including paddocks - Future development potential (subject to planning)
SITUATION
An equestrian property in need of modernisation with future development potential.
Set in 14.75 acres, this property includes a modern bungalow currently divided into two dwellings, a range of 10 stables, large garage and other outbuildings plus sand school and paddocks.
Located off Elmhirst Road in the market town of Horncastle, South Fork Farm adjoins an established residential area. A substantial part of the site may offer future residential development potential subject to it being included in a future development plan/Local Development framework and the necessary planning consents.
LOCATION
Horncastle is a market town in Lincolnshire at the southern end of the Lincolnshire Wolds approximately half way between Lincoln and Skegness. It has a population of just over 6,000 and a good range of local facilities including two secondary schools, a primary school and medical centre. Retailing in the town centre is based on Market Place and there is an industrial estate to the south of the town centre.
Elmhirst Road is a residential area running north out of Horncastle town centre. The subject property runs to the west of a series of bungalows and has access via a private driveway back onto Elmhirst Road. To the north is open countryside and to the south is the urban area of Horncastle.
DESCRIPTION
On the site of approximately 14.75 acres/5.95 hectares, the property includes a bungalow (divided into two dwellings), a range of equestrian buildings including 10 stables, a mange and a large garage/store building. Access to the property is along a private driveway leading off Elmhirst Road to an open gravel parking area. This gives access to the bungalow, stable yard, garage/store building and the paddocks. The bungalow has a total area of 1,512 sq ft/140.5 m2 and is currently divided into two dwelling areas.
To the rear of the bungalow is a range of 10 stables around a stable yard attractively centred on a willow tree. Additional store buildings provide tack room, feed and hay/straw storage. The bungalow overlooks the grass land which is included with the property leading down to the river Bain.
ACCOMMODATION
Bungalow Dwelling 1:
Entrance lobby 13' 9 x 3' 9 (5.2m x 1.15m)
Living kitchen 19' 6 x 20' 2 (max) (5.94m x 6.15m (max))
Range of modern kitchen units
Inner Hall leading to:
Bedroom 1 8' 10 x 8' 8 (2.7m x 2.65m)
Bedroom 2 10' 9 x 7' 9 (3.25m x 2.35m)
Bathroom with bath, shower, wc and wash handbasin
Bungalow Dwelling 2:
Entrance hall with cloaks cupboard
Bedroom 1 including walk in wardrobe 16' 1 x 8' 8 (4.9m x 2.65m)
Living room with open fireplace 18' 9 x 12' 2 (max) (5.7m x 6.15 (max))
Dining area 11' 9 x 11' 0 (max) (3.55m x 3.35m (max))
Bedroom 2 17' 9 x 11' 10 (5.4m x 3.6m)
Shower room with shower, wc and wash handbasin
Stableyard:
Store building 30' 6 x 17' 4 (9.3m x 5.25m)
A range of 10 stables varying in size from 11' 4 x 12' 4 (3.45m x 3.75m) to 12' 6 x 21' 2 (3.8m x 6.45m)
Store building 9' 6 x 58' 0 (2.9m x 17.65m)
WC
Garage building 30' 6 x 20' 6 (9.3m x 6.25m)
Sand school / manege 20m x 40m
SERVICES
We understand that mains services of water and electricity are available to the property. Drainage is to a septic tank. We have not tested the services and interested parties should satisfy themselves that they are adequate for their proposed use of the property.
FIXTURES & FITTINGS
Fixtures and fittings are not included in the sale unless mentioned in these particulars.
PLANNING
Interested parties should make their own enquiries of East Lindsey District Council on 01507 601111 to confirm that the property is suitable for their proposed use. Planning permission was granted to remove a former agricultural and business tie relating to occupation of the bungalow. Currently, the property is not allocated as a potential development site in the Local Development Framework but there may be future opportunities for it to be included in development proposals for the town given the location of the premises in relation to other dwellings. However, part of the site running along the River Bain is situated within the flood plain and it is unlikely that this area would be included in any such proposals.
OUTGOINGS
The bungalow is divided into two areas for Council Tax Bands purposes and is listed in Band A and Band C.
TENURE
Freehold
DEVELOPMENT CLAWBACK
The property will be sold subject to a restriction that if planning consent is granted on any part of the land, the vendors will be entitled to receive 1/3 of the increase in value.
EASEMENTS WAYLEAVES & RIGHTS OF WAY
The property is sold subject to, and with the benefit of, all existing easements, wayleaves and rights of way whether or not specifically mentioned in these particulars.
VAT
All prices expressed in these particulars are exclusive of VAT where payable.
VIEWING
Strictly by appointment with the Agent
AGENT
John R Elliott
Tel: 01522 504304
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Property Type:
Single-Family Houses
Amenities:
Fireplace, Parking, Storage
For sale by:
Agent/Broker
Phone:
01522 504304
Posted:
Contact:
01522 504304
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Let me know if you have any questions. – JHWalter - Sales
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