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New House Farm, Morton North Drove, Bourne

£175,000

For Sale

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Property summary

Freehold

Traditional Range of Red Brick Barns

Full Planning Permission for Conversions now lapsed

1 Detached & 2 Semi-Detached Homes

Each with 3-bedrooms & 3 W. C’s

Rurally Situated

Set in 1.07ha (2.65acres)

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Get in touch

Charlene Matthews

Senior Negotiator

01775 717360

More about the property

Opportunity to purchase a range of traditional red brick barns for conversion into 3 dwellings, each with 3 bedrooms and 3 Bathrooms, extending in total area to 1.07ha (2.65acres).

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Further Information - tap an option below

Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Broadband

Below is an estimate of broadband speeds and availability at this property. This data has been sourced from Ofcom and should only be used as a guide. For more precise speeds and availability consult a broadband provider. NB: Mbps = Megabits (or "meg") per second.

Standard: Download: 3 Mbps / Upload: 1 Mbps or less

Superfast: Not Available

Ultrafast: Not Available

Stamp Duty Land Tax

Below is an illustration of the Stamp Duty Land Tax ("Stamp Duty") that would be payable, based on a set of assumptions. You should always check your stamp duty liability and any other costs due with your solicitor or conveyancer.

£1000 would need to be paid in stamp duty on purchasing this property, assuming that you are purchasing freehold, purchasing as an individual (or jointly with someone else), and this will be your only property.

First Time Buyers may claim a discount (relief) on purchases of £625,000 and under.

The stamp duty for first time buyers would therefore be £0.

Accommodation

Situation & Location
New House Farm is rurally situated, on a quiet no-through road, amongst
open Fenland and nestled between two other cottages, located, 3.0 miles east of the village of Morton, 5.6 miles northeast
of the market town of Bourne, 17.0 miles northwest of the market town of Spalding
and 21.6 miles northwest of the city of Peterborough.

Planning Permission
Full planning permission was granted on 9th February 2022 by
South Kesteven District Council, for the conversion of the former agricultural
barns to form 3 x single storey, residential conversions, a pair of semi-detached
3-bedroom units and another 3-bedroom detached property. This permission has
now expired but the vendors will consider a subject to planning sale.

Full details of the permission can be found on South Kesten District
Council’s online planning database under reference, S21/2412.

http://www.southkesteven.gov.uk/index.aspx?articleid=8170#/application/s21%2F2412/details?search=S21%2F2412&from=0

Total GIA - 440.20m2 (4,736.27 sqft)

Total GEA – 504.10m2 (5,426.09 sqft)

Adjoining Land
The barns were offered without the contiguous land, it includes the old
timber and tin clad storage building, which may be useful for material storage
during construction or as the presence of an existing building to be
converted/replaced for garages or stables associated with the new property.

Services
The two retained dwellings at New House Farm water are serviced from
the Farm’s private borehole with a filtration system. The buyer of the property
has the options to:

a.)
Install
their own new private Anglian Water Supply to the property.

b.)
Sink
their own private Bore.

c.)
Share
the existing Borehole with the vendor subject to an agreement to pay for a fair
share of future maintenance costs.

The barns will need their own new Foul water treatment plant.

The buyer will need to obtain their own new independent electricity
supply to the barns.

Conditions of Sale/Covenants
a) To protect the value of the vendor’s retained property the vendor
will enforce a covenant on the sale to ensure that no noisy nor offensive
businesses are conducted from the property.

b) The site is only to be developed for a maximum of three dwellings.

Wayleaves, Easement & Rights of Way
The property is sold subject to and with the benefit of all existing
rights of way, whether public or private, light support, drainage, water and
electricity supplies and all other rights and obligations, easements,
quasi-easements and all wayleaves whether referred to or not in these sales
particulars.

Plans & Areas
The areas and plans attached to these particulars have been produced in
good faith. They are for illustrative purposes only and their accuracy is not
guaranteed.

Boundaries
The successful purchaser will be deemed to have full knowledge of all
boundaries and neither the vendors nor their agents will be responsible for
finding the boundaries for the ownership thereof.

Viewings
Prospective purchasers wishing to view the property should make an
appointment through the selling agents.

Given the potential hazards of the property, we would ask you to be as
vigilant as possible when inspecting for your own safety. Those wishing to view
the property do so at their own risk.

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