
An exceptional opportunity to acquire a spacious (2,280 sq ft including the outdoor entertaining space) and well appointed detached house with a very well established caravan storage business alongside. With its gorgeous location nestled in the Yorkshire Wolds it offers a great opportunity to have a lovely lifestyle and income in one package. Early viewing is essential!
From the lovely home, to the caravan storage business, agricultural units, touring caravan pitches and storage units there is lots available and a diverse range of potential income streams. The property is sold as two separate titles, one on a residential title of about 3 acres including the house, gardens, touring caravan pitches with hook-ups, agricultural buildings and hardstanding on which the storage containers are sited. The other is of about 7 acres on a commercial title and contains the secure caravan storage area and gatehouse, site office and vehicle canopy. There is permission for storage of 300 caravans with about 280 currently being used and producing an income of around £80,000 per annum. The site is very well set up and run, currently retaining the CaSSOA Gold award and has been designed to run on its own for much of its operations with proximity fob access, CCTV and other features. There is some undercover storage as well.
The standout feature is the home though, a spacious 4 double bedroomed property of around 2,280 sq ft with manicured lawn around it. There are two large reception rooms including one with the whole south facing wall made up of folding doors. There is also a spacious kitchen opening onto a dining room, entrance hall, ground floor shower room and utility room. To the first floor is a spacious landing, master bedroom with en suite shower room, 3 further double bedrooms and a shower room. Attached to the house is an enclosed rustic outdoor kitchen/entertaining space with pizza oven that will provide a great focal point for guests who will be able to enjoy the lovely grounds in front of the house. The property is approached off Sands Lane via a gateway and a well maintained extended driveway leads past the 5 caravan pitches with electric hooks-ups, past lawn to both sides, then past the house and ultimately to the access gate to the caravan storage and hardstanding area with the agricultural buildings.
It really is a very special opportunity for a lovely home in a delightful setting, a diverse range of income streams and further potential. Only a physical viewing will allow you to fully understand all that is on offer but our 360 degree tour and drone photography will provide an excellent overview for those further afield.
LOCATION
Part of the joy of the whole package is its location, to the west of the village of North Newbald and north of Hotham, both of which are highly sought after villages in the area. Market Weighton is just north with a good range of amenities, and North and South Cave are just to the south, both of which are also highly regarded villages with further amenities. Beverley, Hull, the west Hull villages and Pocklington are not far away with larger populations. North Cave sits at Junction 38 of the M62 which links to the wider road network so the property is excellently located for clients to collect or drop off their caravans.
Farm House
Entrance Hall
WC Cloaks/Shower Room - ideally situated if you’ve been working outside. Low flush WC, wash hand basin and walk-in shower unit. Window to front and extensive tiling.
Living Room - a really spacious room that also accommodates a dining table. With a rustic timber floor, extensive folding doors to the southern aspect allowing the room to be opened up onto the patio outside, further window to the north aspect and wood burning stove.
Living Room - a further living space with windows to two aspects including a full length one to the southern side, exposed brick wall and chimney breast housing a solid fuel burning stove.
Kitchen - a spacious and attractively fitted kitchen with a range of base and wall mounted units and a range if integral appliances including a gas hob. Window to the rear breakfast bar and squared arch opening onto…..
Dining Room - window to rear and breakfast bar.
Inner Hallway - with French window to the front and attractive oak and glass staircase to the first floor.
Utility Room - with a gas boiler, plumbing for washing machine and storage space.
First Floor Landing - with window to front.
Master Bedroom - with window to front.
En Suite - 3 piece modern style suite comprising walk-in shower unit, wash hand basin with cupboards underneath, low flush WC with concealed cistern and extensive tiling.
Bedroom 2 - a double bedroom with window to rear.
Bedroom 3 - a double bedroom with window to front.
Bedroom 4 - a double bedroom with window to rear.
Family Shower Room - a three piece modern suite in white comprising walk in shower unit, low flush WC with concealed cistern and wash hand basin with cupboards underneath. Window to rear and extensive tiling. Fitted cupboards with sliding doors.
OUTSIDE
Garden - There is a well maintained lawn to the sides and rear of the house. The area to the west side and rear could be enclosed to provide a more private garden if a buyer wanted.
Outdoor Kitchen and Entertaining Space - built in rustic style with vaulted roof and flagged floor with built-in pizza oven, BBQ power and light. A really lovely feature.
Driveway - there is a gravelled in and out driveway to the front of the house that provides parking for a number of vehicles.
Campsite, Yard and Buildings
Campsite
The grounds of Moorland Farm have 5 touring caravan pitches with electric hook-up at the eastern end of the site, just inside the entrance gates. The pitches are some distance from the house itself with plenty of grass and an attractive pond in-between.
Yard
The driveway that provides access to the farm and runs through it opens onto a spacious gravelled hardstanding area. The yard area has freestanding storage containers that are let out on longer and shorter term contracts which provide another source of income. There is plenty of space remaining.
Buildings
There is a sizeable enclosed and secure former agricultural building that provides nearly 4,000sq ft of space and could be used as a workshop or for storage. There are two further open barns, one quite bit larger than the other, that could provide roofed storage space. A a further lean-to shed sits to the side of the smaller of these.
Caravan Storage
The yard area also provides access to the caravan storage via high double gates leading to a vehicle canopy. To the side of the canopy is the site office which is over 250 sq. ft and has space for a number of desks, power and light and a timber floor with windows overlooking the vehicle canopy. There are further high gates leading onto the caravan storage site itself. The bulk of the 7 acres of the site is devoted to storage for up to 300 units in three areas all connected by track and with some covered storage as well. We have been informed by the current owners that about 280 of the spaces are taken and the site is producing approximately £80,000 in income.
Summary
The combined offer makes a very interesting proposition for buyers looking for a rural residential property with a ready-made income stream. Further income streams may be possible subject to any necessary permissions but such is the nature of the business that it may also suit someone with another job or who works in another role from home. It is all well maintained and ready for its next owner.
Heating and Insulation: The property has LPG fired gas central heating and double glazing throughout.
Services: Mains electricity, LPG and water are connected to the property. Drainage is via a septic tank. None of the services or installations have been tested.
Council Tax: Council Tax is payable to the East Riding of Yorkshire Council. The property is shown in the Council Tax Property Bandings List in Valuation Band 'E' (verbal enquiry only).
Tenure: Freehold. Vacant possession upon completion.
Viewings: Strictly by appointment with the agent's Beverley office. Tel: (01482) 866844.
Rateable Value for Moorlands Carvan Storage Site: £14,750 per annum.
Tenure : Freehold
Council Tax Band : E
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 £250k | 0 | ||
£250k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
Tax Band | % | Taxable Sum | Tax |
less than £250k | 3 | ||
£250k to £925k | 8 | ||
£925k to £1.5m | 13 | ||
rest over £1.5m | 15 |
Tax Band | % | Taxable Sum | Tax |
less than £425k | 0(5)** | ||
£425k to £625k | 5 | ||
£625k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
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