Rew Lane, Wroxall - Guide price £549,950 Freehold
Property Details
Bedrooms: 3
Bathrooms 1
Receptions: 2
New Price Guide: £549,950 to £600,000. A rare opportunity to purchase an unimproved farmstead to include a 3 bedroom Stone Cottage, extensive Stone Outbuildings with consent (July 2010) for 4 units of self catering holiday accomodation and approximately 11.45 acres (4.63 ha) of Pasture Land. Baycroft Farm provides the possibility of creating an equestrian family home or an owner-occupied holiday letting business perhaps with an equestrian angle with easy access to the Islands's extensive bridleway network and downland riding.
Planning consent (TCP/01327/H) was granted on 22/07/2010 for the conversion of three agricultural buildings into four holiday letting units. A plan is attached showing the accomodation under this consent. Full details of the planning consent are available from the vendors Sole Agents, Creasey Biles & King or from the Isle of Wight Councils Website URL:
http://www.iwight.com/council/departments/planning/appsdip/AppDetails3.aspx?frmId=21237
Entrance Hall
Kitchen
Dining Room
Bedroom One
Bedroom Two
Bedroom Three
Bathroom/WC
Traditional Stone Barn: A Range of stone outbuildings attached to the cottage comprising Barn, open-fronted Cartshed and Workshop. with consent (July 2010) for conversion to 2 single storey units of holiday accommodation (Unit 1:1 Bedroom; Unit 2: 2 Bedrooms) If the July 2010 consent does not suit, then there is potential for conversion to additional residential accommodation subject to alternative planning permission.
Range of Stone Built Loose Boxes: with consent (July 2010) for conversion to a 2 bedroom, single storey unit of holiday accommodation.
Cattle Byre: 30’10” x 25’ 6” with consent (July 2010) for the conversation to a 3 bedroom, two storey unit of holiday accommodation. Alternatively, this building holds potential to create an ‘American Style’ barn with internal loose boxes.
The Land: Pasture land extending to approximately 11.45 acres (4.63 ha) comprising a small paddock to the right of the drive leading towards the stream and a large field to the rear. The purchaser would be required to erect and maintain a stock proof fence along the Northern Boundary. Note: additional land may be available by separate negotiation.
Services and Heating
We are informed that the following mains services are connected to the property (subject to the conditions and stipulations of the relevant utility companies) electricity, gas, water and foul drainage. The heating system to the cottage is provided by a gas-fired boiler via radiators.
Council Tax: Band D Amount Payable 2009/10: £1414.48 (There is currently a 10% discount available on properties used as second homes)
The Isle of Wight
The Isle of Wight, situated off the South Coast of England, is becoming an ever-more popular location for permanent and second homes. Made popular by Queen Victoria, who had her maritime residence at Osborne, the Island is famous for sailing in the Solent; for Cowes Week; for its beautiful coastline including sandy beaches and The Needles; spectacular countryside and long sunshine hours. There are now many more facilities than once was the case, Sainsbury, Tesco and M&S all now have a presence as have other national chains. Communication and transport links are excellent; regular car ferries connect with the national motorway network and fast catamarans have connections via Southampton and Portsmouth to direct trains to London Waterloo which can be reached within 2 hours of leaving the Island shore. Government-funded schools are numerous and independent schools thrive on the Island with some children attending prep and public schools on the mainland. Leisure opportunities abound - walking, riding, paragliding, hang-gliding, team sports, sailing, wind surfing and other water sports, rugby, football (Newport Football Club) cricket and golf clubs. Good transport links enable day trips to the shopping centres of West Quay, Southampton and Gunwharf Quays, Portsmouth.
Ventnor
Ventnor was made popular during the Victorian era when most of the town was built. The notably warmer climate and the beach still being some of the reasons why Ventnor remains a popular destination today. The town now offers a variety of shops, banks, tearooms and pubs.
Tenure & Possession, Fixtures & Fittings
The property is offered Freehold with vacant possession on the whole upon Completion. The seller does not include in the sale any electrical appliances, however connected, or any other fixtures, unless expressly mentioned in these particulars as forming part of the sale.
Directions: From the Whiteley Bank roundabout proceed into Wroxall. Turn right into West Street (by the shop). Proceed through West Street, leaving the Village into Rew Lane. Baycroft Farm can be found on the right hand side.
Viewing
Please contact Creasey Biles & King on 01983 527744
if you wish to arrange a viewing appointment for this property or require further information.
Disclaimer
Creasey Biles and King endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are
intended only as a guide and purchasers must satisfy themselves by personal inspection.