For sale by Traditional Method of Auction. AUCTION CONCLUDES FRIDAY 27TH MAY AT 12NOON.
Large three bedroom farmhouse in need of full renovation, with a range of agricultural buildings both traditional and portal frame. A further traditional building with planning permission to create a three bedroom dwelling - in all extending to approximately 8.88 Ha (21.94 Ac)
The Property
The period double fronted farmhouse is south facing and requires a full programme of refurbishment. This traditional property could be developed to provide a superb family home, while the accommodation comprises in brief two spacious reception rooms and kitchen to the ground floor. To the first floor there are three bedrooms and the family bathroom. The property also benefits from an oil fired central heating system and partial UPVc double glazing.
The main entrance opens to a hall and stairway off which two large square reception rooms are found to either side. One having a stove and one with open fire place. The kitchen lies to the rear of the property with views North over open countryside and has a range of units, plumbed sink and ample space for table and chairs. Leading from the kitchen is a boiler room/utility.
To the first floor there are two spacious bedrooms and a further bedroom which lies within the T-fall roof at the rear of the property having limited head room. The bathroom comprises a bath, WC and wash hand basin.
The farmhouse has a small front garden and a rear yard.
Development Opportunity
Planning permission has been granted for conversion of a traditional stone barn to the East of the entrance into the steading. The planning permission provides for a 3 bedroom residential dwelling. Full documentation can be viewed under planning reference DM/21/00013/PNC on the Durham County Planning Portal.
Buildings
To the West of the farmhouse there is an 'L' shaped range of single-storey stone byres adjoining which create a sheltered yard area in front of the dwelling. To the east and adjoining the farmhouse is a large two storey stone barn which has potential for conversion to provide additional or ancillary accommodation subject to obtaining the necessary consents. The first floor of the barn is currently accessed via an external stone staircase. Across the yard is a further range of agricultural general purpose modern far buildings. Please see the schedule of buildings for individual measurements and descriptions.
The Land
The land comprising grazing and pastureland surrounds the steading within a ring fence, with the full site extending to approximately 8.88 Ha (21.94 Ac).
Access
A right of way is granted over the area shaded yellow, from the adopted road to point A on the plan enclosed. The buyer will have a shared responsibility to maintain this access.
A66 Road Development Scheme
Highways England is currently developing the A66 Northern Trans-Pennine Project and the indications at the date of these details is that the existing access into the farm directly from the A66 will be stopped up and replaced by a shared private means of access from Bowes Village. Any land owner or occupier of land who has land acquired as part of the proposals can make a claim for compensation, and as part of the sale process it is envisaged that the vendor will agree with any purchaser how and by whom any such a claim would be made.
Boundaries
The land is bounded by a mixture of stone walling and post and wire fencing. The responsibility will lie with the buyer to erect a stock proof fence between points A, B and C on the sale plan enclosed. The buyer will be required to complete this fencing within 3 months of completion of the sale and will be responsible for maintenance of this. The buyer will be responsible for the maintenance of all existing boundaries.
Basic Payment Scheme
No Basic Payment Scheme entitlements are included in the sale.
George F. White LLP are able to provide advice regarding Basic Payment Scheme and other rural grants or schemes that may be available if required.
Traditional Method of Auction
This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.
On exchange of contracts, the buyer is required to make a payment of a 10% deposit, sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the agreed purchase price and is considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Services
It is understood that the property is serviced by mains electricity and water and that drainage is to a septic tank. Central heating in the farmhouse is via an oil fired boiler.
The purchaser will be responsible for maintenance of the water apparatus and supply to East Lowfield. Water meters will be fitted to apparatus (currently troughs) on the seller's retained land and the buyer will recharge the cost of water supply to the owner of the adjoining land which is serviced by the East Lowfield main.
The owner of the adjoining land will be responsible for maintenance of water apparatus on their land.
Tenure & Possession
It is understood that the freehold of the property is for sale with vacant possession upon completion.
EPC Rating
This property has been certified with an EPC Rating of F.
Local Authority
Durham County Council.
The property is currently rated Council Tax Band C.
what3words
Every three metre square of the world has been given a unique combination of three words. A free App is available for iOS and Android smartphones and using the unique sequence of words below you will be able to pinpoint this property.
///removers.bouncing.shall
Viewings
Viewings are strictly by prior appointment with George F. White.
Notes
The buyer will be responsible for the keeping clear and all future maintenance of all drains, drainage channels and culverts located on the land.
Photography
Photographs within these particulars were taken May 2021.
Important Notice
Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance professional verification should be sought. All dimensions/boundaries are approximate. The mention of fixtures, fittings &/or appliances does not imply they are in full efficient working order. Photographs are provided for general information and you may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website. These particulars do not constitute a contract or part of a contract.
Area
The property lies within open countryside close to Bowes, which is an historic and traditional Teesdale village lying in the Pennine hills, supporting a nursery and primary school, church and public house. A wider range of shopping, educational and recreational facilities can be found within the nearby market town of Barnard Castle. Local auction markets can be found in Barnard Castle, Kirkby Stephen and Darlington among others in surrounding areas. There is direct access to the A66 which provides links to the A1(M) and M6 connecting the major commercial centres of the north and meaning that the attractions of The Lake District and North Yorkshire Moors are easily accessed.
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