House For Sale Swedish Close, Market Harborough, LE16

£525,000

1 of 10
  • Description
  • Street View
  • Maps
Last Updated: 22nd May 2024

Description

The land extends to about 62.07 acres (25.12 hectares) and comprises a ring-fenced block of gently undulating productive pastureland in a number of field parcels.


A ring-fenced holding of productive pastureland with farm buildings and mature woodland extending to about 103.23 acres (41.78 hectares). Situated in rolling Derbyshire countryside with significant amenity appeal and with potential for alternative uses, subject to the necessary consents.

Subject to two farm business tenancies, expiring March 2025.

Property Desription

• Lot 1 – About 62.07 acres (25.12 hectares) of productive pasture land in a ring-fence
• Available as a whole or in up to three lots
• For Sale Freehold subject to existing tenancies

Description

Lot 1
The land extends to about 62.07 acres (25.12 hectares) and comprises a ring-fenced block of gently undulating productive pastureland in a number of field parcels. The land has historically been utilised for livestock grazing and mowing in part.
The field parcels are generally bound by mature hedgerow and post and wire fencing (in part).
A number of footpaths cross the land as shown on the sale plan. Access to the land is provided from Hoonwell Lane across part of lot 2.

Note: All areas, floor areas and dimensions stated are approximate and should not be relied upon. Potential purchasers are welcome to instruct an independent survey to verify these.

Situation
The land at Biggin is situated to the west of Biggin a small village in rural Derbyshire, and just 2.5 miles from the village of Kirk Ireton.
Kirk Ireton offers a popular country pub, local village store and parish church whilst the bustling market town of Ashbourne lies just 6.0 miles away and provides a wide variety of amenities. Considered to be one of Derbyshire's finest market towns, Ashbourne has some splendid Georgian buildings and a range of high quality, independent shops. The City of Derby lies 11.5 miles to the south east.
Local opportunities for outdoor pursuits are almost unlimited with wonderful walking, climbing, horse-riding, and cycling, with a range of water sports and fishing on nearby Carsington Water (2.4 miles).
There are excellent communication links via the A515, A38, A52 and A50 roads which are a short drive away and providing connections to numerous regional centres including Birmingham, Nottingham, Derby, and Leicester.

Land Type and Cropping History
The land is classified as Grade 4 according to Natural England’s Land Classification Maps. The soils may be described as slowly permeable seasonally wet acid loamy and clayey soils. Such soils are well suited to grass production for dairying or beef.

Tenure and Possession
The freehold of the property is for sale subject to two Farm Business Tenancies over lot 1 and lot 2. Notices to quit have been served against both tenancies.

Lot 1 – Farm Business Tenancy expiring 31st March 2025. Passing rent: £7,050 per annum.

Rights of Way, Wayleaves and Easements
A number of public rights of way cross the property and are shown on the sale plan.

The property is sold subject to all rights of way, wayleaves, and easements whether or not they are defined in this brochure.
If the land is sold in lots, then cross-rights and reservations will need to be reserved where required, for example for access, services and maintenance.

If sold separately to Lot 2, then a right of way for all purposes at all times will be granted from Lot 2 for the benefit of Lot 1.

Plans and Boundaries
The plans within these particulars are based on Ordnance Survey data and provided for reference only. They are believed to be correct, but accuracy is not guaranteed. The purchaser shall be deemed to have full knowledge of all boundaries and the extent of ownership. Neither the vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof.

Mineral, sporting, and timber rights
The sporting, mineral and timber rights will be transferred with the freehold title where owned.

There is a shooting agreement in place across the property expiring 31st March 2025. Further details are available from the sole selling agents.

Nitrate Vulnerable Zone (NVZ)
The Property lies within a Surface Water NVZ Area and is subject to the usual restrictions.

Basic Payment Scheme and Environmental Schemes
The land has historically been registered for payments under the Basic Payment Scheme and all delinked payments and entitlements relevant to the land will be retained by the tenants and will not be available to the

Purchaser on completion of the sale. Lot 1 is subject to a Countryside Stewardship Agreement expring 31st December 2027. Should the existing farm business tenancy not renew on Lot 1 then the incoming purchaser will be responsible for continuing the obligations of this scheme.

Value Added Tax (VAT)
Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property or any part thereof or any right to it becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition to the sale price.

Ingoing Crop Valuation/ Holdover
No ingoing valuation will be required.

Overage
The farm buildings and immediate yard area within lot 2 is offered for sale subject to an uplift provision which will specify that 20% of any increase in value due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendors or their successors in title should such development occur within 20 years from the date of completion. The uplift will be payable upon implementation or on a future sale with the benefit of a planning consent. The overage will exclude any development for agricultural and/or equestrian use.

Successive grants of permission within the terms set out above would trigger overage. Reasonable costs incurred in obtaining planning permissions can be deducted from the overage calculations.

Local Authority
Derbyshire Dales District Council.

Fixtures and Fittings
All Landlords fixtures and fittings are included in the sale.

Services
We understand mains water is connected to lots 1 and 2.

If the land is sold in lots, then cross-rights and reservations will need to be reserved where required, for services. Services may need to be split and sub-meters installed. Prospective Purchasers must satisfy themselves as to the availability of services and any future connections. None of the services, appliances or electrical systems have been tested by the selling agents.

We understand that the property is likely to have current mobile coverage (data taken from checker.ofcom.org.uk on 15/05/2024). Please note that actual services available may be different depending on the particular circumstances, precise location and network outages.

Solicitors
Taylor Emmet, Sheffield, S1 2PP
FAO: Bryony Shaw

Viewings
Strictly by appointment through Fisher German LLP.

Directions
Postcode – DE6 3FJ

what3words
Lot 1 - What3words: ///faces.perfumed.locked
Agent Details
Fisher German
Covering the Midlands

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this property. See more properties like this.

See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested