Residential re-development opportunity, full planning consent for 4 residential dwellings.
Description - Holmfield Farm presents an ideal opportunity to acquire a former farmstead with full planning consent for in-fill residential development in the heart of Burton Fleming village in East Yorkshire.
The site extends to around 0.41 acres (gross area) with consent to demolish the existing redundant traditional buildings and build 4 new three bedroom properties each with a garage and good sized garden.
Burton Fleming's facilities include a village store with mobile post office, public house, community centre/village hall and a children's play park. The village is surrounded by picturesque open countryside close to the Yorkshire Coast and in easy commuting distance of Bridlington, Scarborough and Driffield.
Location & Access - The site lies between Front Street and West Lane with access to be taken directly from West Lane. It should be noted the existing access is to be altered based on the existing planning consent and drawings as shown in these particulars.
West Lane leads south to Wold Newton Road which is the main link road from the village to the coastal town of Bridlington some 7 miles south east. West Lane leads north circa 3.7 miles to the historic village of Hunmanby which is considered to be the gateway to the Yorkshire Wolds and has a good range of services, shops, restaurants and pubs, recreational facilities and a train station.
Planning Consent - The site has the benefit of full planning consent (decision notice dated 27 June 2017) under reference 17/00266 for the erection of 4 new residential dwellings (semi detached in design) each with a garage.
The permission also permits the creation of a new vehicular access and demolition of the existing traditional agricultural buildings currently on site.
The planning consent is subject to conditions that will need to be satisfied prior to development works commencing. Interested parties should satisfy themselves that they understand and accept the conditions prior to making an offer.
Full details of the planning consent including drawings can be obtained from the East Riding of Yorkshire Council's planning portal online using the following link: https:/
ewplanningaccess.eastriding.gov.uk
ewplanningaccess
Plot Layout - Further details of the plot layout are shown on the plans provided within these particulars
Services - Mains electricity and water are connected to the site. These are connected through the residential property that adjoins the eastern boundary, known as Holmfield Farmhouse from Front Street. The Purchaser(s) will need to establish their own connections without interrupting services to the neighbouring property. It is understood that services also run along West Lane. There are no existing facilities for foul drainage on the site.
Method Of Sale - The site is for sale as a whole by private treaty. Unconditional offers for the whole are invited and interested parties should register their interest with Dee Atkinson and Harrison to be kept informed as to how the sale will be concluded.
Sporting And Mineral Rights - In so far as they are owned, the sporting and mineral rights are in hand and included in the sale.
Plans, Areas & Schedules - The plans provided in these sales particulars are for guidance only. It is the responsibility of the Purchaser (s)(s) to verify the boundaries and area of the property before completing a sale.
Easements, Wayleaves & Rights - The property is sold subject to all granted rights of way, water drainage, water courses, support, electricity supplies, light, other easements or quasi easements and restrictive covenants and all existing or proposed wayleaves for electricity, drainage, water, gas and any other pipes whether shown on the plan or indicated in these particulars or not and without any obligations to define the same respectively.
Local Authority - East Riding of Yorkshire Council, County Hall, Cross Street, Beverley, HU17 9BA. Tel: 01482 393939
Guide Price - Offers around £220,000
Registration Of Interest - Interested parties are required to register their interest with Dee Atkinson & Harrison in order to be kept informed as to how the sale will be concluded
Viewings - Strictly by appointment through Dee Atkinson and Harrison on 01377 253151
Health & Safety - Please note that the site comprises a redundant farmstead with hazards and no access is permitted without permission from the agents.
Further Information - Dee Atkinson Harrison: Contact 01377 253151
Georgina Watson BSc (Hons) MRICS FAAV
georgina@dee-atkinson-harrison.co.uk
Details Prepared: October 2019
Disclaimer: Dee Atkinson & Harrison for themselves and for the vendors or lessors of this property, whose Agents they are, give notice that these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a Contract. No person in the employment of Dee Atkinson & Harrison has any authority to make any representation or warranty whatever in relation to this property.
New Home: Non New Home
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
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