For sale by auction on Wednesday, 12 June 2024 at 11:00

Venue: Livestream

The site has full planning permission to convert a two storey former grain barn to a substantial four bedroomed home of around 2400 square feet with garaging and private garden as well as a single storey stone barn with consent to re-build to create a two storey four bedroomed stone house of around 2750 square feet. Lawful development has been approved following the completion of another barn on the site.

DESCRIPTION
The barns form part of the former yard to Rectory Farm and the original consent provided for three dwelling of which one has been completed and occupied. The two barns now for sale comprise the larger part of the property including the former walled stock yard and will be accessed from the highway by the existing drive to the farmhouse and shared by the four dwellings. Adjacent to the access there is a Utilities Area to be retained by the vendors which will house the drainage and service connections.

PLANNING
A Lawful Development Certificate was issued by East Northamptonshire District Council dated 10th June 2020 for Lawful development of planning permission 13/00066/FUL (conversion/redevelopment of existing agricultural buildings into two dwellings) planning permission 14/01336/FUL (Conversion of existing barn to form one dwelling and 14/00648/FUL (Demolition of existing barn B and erection of replacement building to form one dwelling)

SERVICES
Three phase main electricity is laid in ready to be connected to each barn with capacity for Electric Vehicle Charging points. There is a metered main water supply also ready for connection in the site utilities area with service pipe to each barn. Drainage will be to a Biodisc foul water treatment facility to be installed by the purchaser for each of the barns within the utilities area on site. Stormwater drainage has been installed for Barn B by the vendors.

BARN A
Comprising the original Grain Barn constructed of stone and attached to a single storey section with hovel arches designed to accommodate the kitchen of the converted dwelling. The plans show four reception rooms, hall, kitchen, utility and cloaks/boot room on the ground floor and four bedrooms with master suite and bathroom on the first floor. The property will provide approximately 2400 square feet of accommodation. In addition the property will have private gardens and garaging as well as off road parking.

BARN B
The former stable block with stock yard has planning permission to demolish the existing building and construct a new stone house of approximately 2750 square feet with two reception rooms, kitchen/breakfast room, utility and cloaks together with four bedrooms and three bathrooms. Externally there will be a garden, off road parking and garaging.

GROSS DEVELOPMENT VALUE
The sellers agent would expect the GDV under present market conditions to be in the region of ?1,500,000 once completed.

Viewings

Additional Fees
Buyers Premium - The purchaser will be required to pay a buyers premium charge of ?1800 (?1500 plus VAT)
Administration Charge - The purchaser will be required to pay an administration charge ?1200 (?1000 plus VAT)
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.