Property Price:
£
range of traditional and modern outbuildings, several of which adjoin the main residence and offer exciting potential for conversion or development (subject to consents).
The property is offered for sale in three individual lots, with the land extending to
approximately 26.34 acres (10.66 hectares) in total.
Guide Prices:
Lot 1 - £410,000 - £450,000
Lot 2 - £180,000 - £200,000
Lot 3 - £60,000 - £70,000
As a Whole £650,000 - £720,000
DESCRIPTION
Midtown Farm presents a rare opportunity to purchase a smallholding in the heart of the village of Kings Meaburn. The property is ideally situated between both the Yorkshire Dales National Park and the Lake District National Park. Available as a whole or in three individual lots.
At the front of the steading lies a traditionally constructed stone built three-bedroom former farmhouse with rear extension full of character and original features in a highly sought after rural setting. The property is in need of some renovation and refurbishment and therefore offers an ideal project for prospective purchasers.
The sale presents an excellent opportunity for those seeking a rural lifestyle or wishing to expand an existing farming enterprise. Located only 8.5 miles from the town of Penrith with direct access to the M6 , west coast mainline, schools & other amenities.
The farmhouse is surrounded by traditional stone-built agricultural buildings and benefits from approximately 26.34 acres (10.66 hectares) of meadow and pastureland, ideal for livestock grazing or amenity use.
The accommodation comprises a traditional three-bedroom stone-built farmhouse under a slate roof, in need of some renovation. Adjoining the dwelling is a large two-storey traditional stone barn, together with a further range of traditional stone outbuildings offering storage and potential livestock housing. Offering potential for expansion subject to relevant planning approvals. The productive meadow/grazing land extends to approximately 26.34 (10.66 hectares) acres, situated directly behind the steading, with the exception of a single field parcel located off Hoggs Lane.
Lot 1 – The Steading (1.11 acres)
Guide Price: £410,000 – £450,000
Lot 2 – Land Adjacent to the Steading (18.56 acres) Guide Price: £180,000 – £200,000
Lot 3 – Land Adjacent to Sockenbar Park (6.67 acres) Guide Price: £60,000 – £70,000
Lot 2
Land Adjacent to The Steading
18.56 acres (7.51 ha) edged blue on the Sale Plan
Located to the rear of Midtown Farm steading, in a ring fenced blocked are four productive grassland meadows extending to circa 18.56 acres (7.51 ha).
The land is bounded by a mixture of post and wire fences and hedgerows which are all found to be in a stockproof order.
The land is classified as DEFRA’s Grade 3 agricultural land. The land benefits from mains and natural water supplies with various streams running through the property.
There is a public footpath crossing over land within Lot 2.
The property can be accessed via a shared access track known as Hoggs Lane or if the property is purchased as a whole then access can be taken directly through Lot 1.
Overage: Field Parcel 5 is offered up for sale subject to an overage. The twenty-five-year overage shall amount to 50% of the uplift in value for anything non-agricultural or equestrian use as both of these are permitted, and be actionable on the grant of planning approval or permitted development use.
Lot 3
Land Adjacent to Sockenbar Park Holiday Homes
6.67 acres (2.70 ha) edged pink on the Sale Plan
A single paddock of productive meadow land accessed via a shared access track known as Hoggs Lane.
The land is down to grass and classified as DEFRA’s Grade 3 agricultural land. The land is bounded by post and wire fences which all appear to be in stockproof order.
The land is free from any stewardship or SFI restrictions or obligations.
Overage: Field Parcel 9 is offered up for sale subject to an overage. The twenty-five-year overage shall amount to 50% of the uplift in value for anything non-agricultural or equestrian use as both of these are permitted, and be actionable on the grant of planning approval or permitted development use.
