Detached house for saleElmhirst Road, Horncastle, LN9
- Investment Opportunity
- Small Holding Circa 5 acres
- 4.5 Acres Grassland
- 2 Residential Dwellings
- Extensive Range of Outbuildings
- Future Residential Development Potential
Full descriptionA unique investment opportunity to acquire a small holding of about 5 acres in all comprising 2 residential properties, extensive range of outbuildings and over 4.5 acres of grassland considered to possess future residential potential as whole or in part.
Location - The property lies on the west side of the town of Horncastle and is approached from off the main A158 trunk road from the city of Lincoln to the coastal town of Skegness, each approx. 20 miles away.
Directions - When arriving from the west proceed past Crowders nursery on the right and take the first left along Accommodation Road. At the end of the road turn left again and the two properties including in the sale are the penultimate ones on the left hand side of Elmhirst Road,
Planning - Informal enquiries of the local planning department indicate that the land lies outside the present development area of Horncastle, although all future development plans are under review. Prospective purchasers are encouraged to make their own enquiries as to possible development of part, off Elmhirst Road or any variation thereof. For example infilling development within the frontage garden area.
Clawback - The property will be sold subject to a clawback clause, which will be triggered by the grant of planning permission. The percentage of uplift in value (from the purchase price) and the length of the clawback clause will be in the amounts of 50% and 30 years, respectively.
Property One -
37 Elmhirst Road - A dormer bungalow constructed in tyrolean rendered blockwork under a concrete interlocking tiled roof. The dwelling of unusual design, in the colonial style. The extensive ground floor accommodation includes
Two Conservatories - 19' x 9'3 & 14'3 x 9'6" () -
Lounge - 32' x 9'6" (9.75m x 2.90m) - This spacious lounge with dummy fireplace and built in aquarium
Dining Room - 16'9" x 14' (5.11m x 4.27m) -
Inner Hallway - Extensive areas withing the hallway providing access to stairs to the first floor hobby room
Kitchen - 19'6" x 13'3" (5.94m x 4.04m) - With suite of built in units, breakfast island
Main Bedroom - 16'9" x 13'9" (5.11m x 4.19m) - With walk in wardrobe
En Suite Shower Room - With shower cubicle, hand basin and WC
Family Bathroom - 9' x 9'6" (2.74m x 2.90m) - With cream suite of bath, hand basin and WC
Bedroom 2 - 12'6" x 10'5" (3.81m x 3.18m) -
Bedroom 3 - 13'6" x 16' (4.11m x 4.88m) -
Property Two -
37A Elmhirst Road - Detached former farm cottage immediately adjoins the north side of No. 37 and is constructed in tyrolean rendered brick with concrete interlocking tiled roof. The accommodation includes:-
Porch - Front entrance porch leading to
Kitchen - 14'6" x 7'6" (4.42m x 2.29m) - With range of units
Shower Room - With shower cubicle, hand basin and WC
Sitting Room - 12' x 11'3" (3.66m x 3.43m) -
Lounge/Diner - 21'9" x 12'9" max (6.63m x 3.89m max) -
First Floor -
Bedroom 1 - 12' x 11' (3.66m x 3.35m) -
Bedroom 2 - 12' x 11' (3.66m x 3.35m) -
Bedroom 3 - 10' x 7'6" max (3.05m x 2.29m max) -
Bathroom - With suite of bath, hand basin and WC
Outside - Extensive range of outbuildings comprising: former brick and tiled Dairy and Cow Stable, extensive range of timber and corrugated iron Buildings (overall approx. 30' x 60') including Workshops, Potting Sheds, Garden Stores, former Livestock Buildings, Garaging and General Storage, Pole Barn
The land is situated to the south of the two residences and is in permanent grass believed to include an overall area of 4.663 acres or thereabouts. The land falls within a ring fence and includes an avenue of specimen trees, enjoys a second gated access to Elmhirst Road. The land is presently in grass but in the past has been under arable cultivation, having a principal sandy to medium soil ideal for a variety of vegetable crops
The principal garden area to the two residences lies to the east of the properties and includes an extensive road frontage to Elmhirst Road which has an overall frontage of approx. 190'. The overall site area is shown on the plan as attached.
Tenure & Possession - The property is freehold
Vacant Possession will be given on completion of the purchase
Services - The owner/occupier informed us that any services; or appliances (including central heating if fitted) referred to in this brochure operates satisfactorily, but they have not been checked. If a property is unoccupied at any time there may be reconnection charges for any switched off/disconnected or drained services or appliance.
Mains water, electricity and gas with central heating is laid on to the two properties.
Domestic drainage is to a shared septic tank
Outgoings - The property falls into Council Tax Band A payable to East Lindsey District Council, Tedder Hall, Manby, Louth, Lincs. LN11 8UP (Tel: 01507 601111)
Brochure Details - This brochure including photography was prepared by Perkins, George Mawer & Co. In accordance with the sellers instructions of September 2015
Viewing - Strictly through the Selling Agents at their Market Rasen office. Tel: 01673 843011
Opening Hours - Monday to Friday : 9 am to 5.30 pm - Saturday 9 am to 12.00 pm
Website - You will find a further selection of our properties if you log onto
Perkins, George Mawer & Co. for themselves and for the vendors or lessors of the property whose agents they are give notice that; 1) the particulars are set out as a general outline only for the guidance of intending purchasers or lessors and do not constitute, nor constitute part of, an offer or contract; 2) all descriptions, references to conditions and necessary permissions for use and occupations and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 3) no person in the employment of Perkins George Mawer & Co. has any authority to make or give any representations or warranty whatsoever in relation to this property.
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