7.25 Acres (2.94 hectares) or thereabouts of grassland and traditional buildings.
Land suitable for agricultural, equestrian, amenity and conservation uses.
Traditional buildings suitable for alternative uses subject to necessary planning consents.
The land is located within the village of Kirby Grindalythe which is situated approximately 3 miles to the north-west of the traditional estate village of Sledmere and 10 miles north-west of the market town of Driffield. The land has the benefit of road frontage and access to a private lane which leads to the Sledmere-Duggleby Road.
METHOD OF SALE
The land is for sale by Private Treaty. Interested parties should register their interest with Dee Atkinson and Harrison to be kept informed as to how the sale will be concluded. The Vendors reserve the right to complete a sale by any other means at their discretion.
SERVICES
We understand that the property is not connected to any mains services and interested parties should make their own enquiries. The Gypsey Race, a winterbourne intermittent natural water supply forms the northern boundary of the property.
AGRI-ENVIRONMENT SCHEMES
The land is not included within an agri-environment scheme.
TENURE & POSSESSION
The land is for sale freehold with vacant possession available upon completion.
NITRATE VULNERABLE ZONES
The land is located within a Nitrate Vulnerable Zone.
SPORTING AND MINERAL RIGHTS
The sporting and mineral rights are in hand and included in the sale in so far as they are owned.
PLANNING
Planning enquiries in respect of the property should be directed to North Yorkshire Council (Ryedale Area) Ryedale House, Old Malton Road, Malton, YO17 7HH.
Tel: 0300 131 2131
PUBLIC RIGHTS OF WAY, EASEMENTS AND WAYLEAVES
We understand that a wayleave exists over the land in favour of Northern Power Grid. A public bridleway known as the Johnny Sides Bridleway crosses the land.
Please note that the access road on the south western boundary of the land provides access to the adjoining properties with rights to services through the roadway.
The land is sold with the benefit of all the accustomed or granted rights of way, water, support, drainage, electricity supplies, light, or other easements, or quasi easements and restrictive covenants and all existing or proposed wayleaves for electricity, drainage, water, gas and other pipes whether shown on the plan or indicated in these particulars or not and without any obligations to define the same respectively.
PLANS, AREAS AND SCHEDULES
The plans provided in these sale particulars are for guidance only. It is the responsibility of the Purchaser(s) to verify the boundaries and area of the land before completing a sale.
CONTAMINATED LAND
The Vendors are not aware of any land having been filled with any contaminated matter referred to in the Environmental Protection Act 1990. The Vendors do not give any guarantee in this respect and advise the Purchaser(s) to make such enquiries and investigations, which may be necessary to satisfy themselves that none of this land is so filled.
VAT
In the event that the sale of the property or any part of it or any right attached to it becomes chargeable for the purposes of VAT, such tax will be payable in addition to the purchase price.
OVERAGE PROVISION
Part of the land, shown shaded blue on the attached plan, will be sold subject to an overage clause whereby the vendors or their successors in title will receive 30% of any uplift in value arising as a result of obtaining planning consent for a change of use other than agricultural, horticultural, or equestrian use for a period of 30 years from the completion of contracts.
VIEWINGS
The land can be viewed on foot only during daylight hours with a copy of these sales particulars in hand.
FURTHER INFORMATION
For further information please contact:
Davina Fillingham MRICS FAAV NSch
T: 01377 253151 E: davina@dee-atkinson-harrison.co.uk
Amelia Preston BSc (Hons)
T: 01377 253151 E: amelia@dee-atkinson-harrison.co.uk
PLEASE NOTE THAT IF YOU HAVE DOWNLOADED THESE PARTICULARS FROM THE INTERNET YOU WILL NEED TO REGISTER YOUR INTEREST WITH OUR OFFICE TO BE KEPT INFORMED OF THE SALES PROCESS
Sales Particulars prepared: April 2024
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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