About this property

Detailed Description

The property extends to approximately 13.13 acres (5.31 hectares), arranged across five field parcels. It includes a three bedroom detached dwelling with a single garage, alongside a range of equestrian facilities and a mix of traditional brick buildings and steel portal-framed structures.

Location

Springhill Farm is situated on the outskirts of Oadby, accessed directly from Glen Road. The property occupies a convenient semi rural location with good proximity to local amenities, while benefitting from excellent transport links via the A6 to Leicester, Loughborough and Derby.

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Accommodation

The house is accessed via the principal driveway and is conveniently positioned adjacent to the farm buildings. The accommodation is arranged over two floors. To the first floor, there are three bedrooms and two bathrooms. The ground floor comprises a reception room, two kitchens with an adjoining lean to conservatory, a cloakroom, and an integral garage. The dwelling is in need of renovation.

There are a number of storage buildings and stables as follows:
Brick stable block, two timber framed stable blocks, a steel portal frame store, two timber fodder stores and a further steel portal framed store. In addition, there is a range of timber framed storage buildings and a former brick milking parlour. The total area of building space extends to approximately 1,000 sqm. The buildings are in various states of repair.

The land is classified as Grade 3 under the Ministry of Agriculture Land Classification and lies within the Ragdale soil association, characterised by slowly permeable, seasonally waterlogged clayey and fine loamy over clayey soils. It is currently pasture.

Services

The dwelling is heated via bottled gas. The property is connected to mains electricity and mains water. The land benefits from in field water troughs.

Viewing

Viewings are strictly by appointment only and must be arranged through the selling agents. Interested parties are kindly requested not to enter the land unaccompanied, as it is currently tenanted.

VAT

In the event that the sale of the property - whether as a whole, in lots, or including any associated rights - constitutes a chargeable supply for VAT purposes, the Purchaser shall be responsible for paying any applicable VAT in addition to the contract price. The vendor has elected to charge VAT on this sale, and therefore VAT will be payable by the Purchaser in addition to the agreed contract price.

Other

Overage
The property will be sold subject to an overage provision whereby 35% of any uplift in value arising from residential, commercial, or renewable energy development will be payable for a period of 40 years from the date of completion. The overage will become due upon either the implementation of a granted planning permission or under permitted development rights or the disposal of the property with the benefit of a granted planning permission.