Fitton Estates are delighted to offer for sale this unique opportunity to acquire two established residential investment properties together with approximately 11.5 acres of agricultural land, subject to confirmation with the title deeds.
The holding is available either as a whole or in three separate lots.
The residential element comprises the two semi-detached dwellings known as Moss View and Brookside, both of which are currently occupied and produce an established combined rental income of £1,452 per calendar month, comprising £726 pcm respectively. The sale is subject to and with the benefit of the existing tenancies, with the occupiers remaining unaffected.
Since acquiring the property in 2001, the current vendors have regularised the planning position relating to Moss View, which now benefits from a Certificate of Lawfulness confirming unrestricted residential occupation. Brookside is occupied under a tenancy. Copies of the relevant planning documentation, Certificate of Lawfulness and tenancy agreements are available upon request.
Lot 1 - Approximately 6.5 Acres of Agricultural Land
Guide Price £100,000
Lot 1 comprises a parcel of agricultural land extending to approximately 6.5 acres, subject to confirmation with the title deeds.
The land is situated beyond the adjoining residential development formerly known as Fine Janes Farm.
Access is afforded by the benefit of a reserved right of way through the adjoining consented residential development, as shown on Plan 4. The benefit of this right is reserved within the TP1 documentation, copies of which are available upon request.
The land is offered freehold with vacant possession upon completion.
Lot 2 - Approximately 5 Acres of Agricultural Land
Guide Price £80,000
Lot 2 comprises a separate parcel of agricultural land extending to approximately 5 acres, subject to confirmation with the title deeds.
The land lies immediately to the rear of Moss View and Brookside.
Access is intended to be taken via the existing entrance running alongside the two dwellings, as illustrated on the indicative site plan.
The land is offered freehold with vacant possession upon completion.
Lot 3 - Moss View & Brookside
Guide Price £379,950
Lot 3 comprises the pair of three-bedroom semi-detached dwellings known as Moss View and Brookside together with their respective gardens and parking.
Both properties are currently let and produce an established combined rental income of £1,452 per calendar month, comprising:
Moss View - £726 per calendar month.
Brookside - £726 per calendar month.
The sale is subject to and with the benefit of the existing tenancies.
Planning permission for the dwellings was originally granted on 25 August 1976 subject to an agricultural occupancy restriction.
The vendors advise that since acquiring the property in 2001, Moss View has continuously been occupied by tenants employed outside agriculture. As a consequence, a Certificate of Lawfulness has now been obtained permitting unrestricted residential occupation.
Copies of the tenancy agreements, Certificate of Lawfulness and relevant planning documentation are available upon request.