DESCRIPTION
The land comprises two parcels of Grade 2 productive arable land situated north of Bewholme village west of Gardham Lane which runs north from Bewholme to Skipsea Brough.
The soils for both parcels are classified within the Holderness Soil Series which consists of fine loamy soil well suited to growing cereals, oilseeds, protein crops and grassland. The land benefits from comprehensive land drainage and maps are available for inspection.
LOCATION & ACCESS
The land is located approximately 9 miles to the east of the market town of Driffield and 10 miles to the north east of Beverley and 3 miles west of Hornsea.
The land is accessed from Gardham Lane over a stoned unrestricted right of access through the property known as ‘Balinmore Stud’. Please note that viewing is strictly by prior arrangement.
GENERAL REMARKS AND STIPULATIONS
METHOD OF SALE
The land is for sale by Private Treaty as a whole. Interested parties should register their interest with Dee Atkinson and Harrison to be kept informed as to how the sale will be concluded. The Vendor reserves the right to complete a sale by any other means at their discretion.
TENURE & POSSESSION
The land is for sale freehold with vacant possession.
SERVICES
There are no services connected to the land as far as the vendor is aware.
BASIC PAYMENT SCHEME (BPS)
The land is registered on the Rural Payments Rural Land Register
AGRI - ENVIRONMENT SCHEMES
The land is not included within an Agri Environment Scheme.
NITRATE VULNERABLE ZONE
The land is included 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.
INGOING VALUATION
NG 8123 has been sown with Winter Barley and NG 2417 is Fallow. An ingoing valuation will be payable by the purchaser(s) for any seeds, fertilisers, cultivations, sprays and acts of husbandry applied to the land or undertaken prior to completion.
PUBLUC RIGHTS OF WAY, EASEMENTS AND WAYLEAVES
A public bridlepath runs along the access track east to west and turns north at the internal boundary between the two parcels
An easement in favour of National Grid crosses NG2147 east to west and part of NG8123.
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.
PLANNING
Planning enquiries in respect of the land should be directed to:
East Riding of Yorkshire Council, County Hall, Cross Street
Beverley HU17 9BA
Tel: 01482 393939
PLANS, AREAS AND SCHEDULES
The plans provided in these sales particulars and the areas stated are for guidance only and are subject to verification with the title deeds..
CONTAMINATED LAND
The Vendor is not aware of any land having been filled with any contaminated matter referred to in the Environmental Protection Act 1990. The Vendor does not give any guarantee in this respect and advises 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.
VIEWING
Viewing of the land can be arranged by prior appointment with Dee Atkinson & Harrison.
HEALTH AND SAFETY
Please note that the land is currently part of a working farm with potential hazards. Please be vigilant when viewing the land.
FURTHER INFORMATION
For further information please contact:
Davina Fillingham MRICS FAAV NSch
Tel: (01377) 253151 Mobile: 07841 051152
Email: davina@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 sale process.
NOTES
Sales Particulars: Prepared May 2024. Photographs May 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 |
© 2024 Dee Atkinson & Harrison, All Rights Reserved.
