New Stowey Farm

New Stowey Farm, TA5 1JR

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Key features

Detached dwellingBuildings for conversionLand
SOLD

Guide Price: *

£550,000

Fees apply

Buyer's fee:£2,400

All fees include VAT at 20%

Holding Deposit: *£2,600

*Only charged if you are the successful buyer and goes towards the purchase price

Auction Type:

Traditional

Sold for:

£576,000
Reserve met

Bid history

12 bids

D

04/11/2021 11:32:09 - £576,000

S

04/11/2021 11:31:07 - £574,000

D

04/11/2021 11:29:28 - £572,000

Description
Location
Floorplans
EPC
Legal docs
A modern farmhouse together with a range of livestock buildings with permission for conversion to five dwellings, all set within about five acres. For sale by online auction as a whole to finish on Thursday 4 November 2021, with completion due 2 December 2021.
LOCATION
New Stowey Farm is located close to the village of Nether Stowey at the foot of the Quantock Hills Area of Outstanding Natural Beauty with easy access from the A39. The property is about 4 miles to the west of Cannington, about 8 miles to the west of Bridgwater, and about and about 11 miles to the north of the Somerset County Town of Taunton.
FARMHOUSE
New Stowey Farmhouse is constructed of brick and part rendered elevations under a tiled roof and is set back from the road within its own garden, with the buildings to the side. The accommodation comprises:
Ground floor
• Entrance hall with stairs to first floor
• Sitting room
• Kitchen
• Dining room
• Farm office
• Utility room
• Cloakroom with WC and back door off
First floor
• Three bedrooms
• Family bathroom
There is an internal tour of the property available at https://my.matterport.com/show/?m=2TH6esHetRB
LAND
The land comprises a paddock to the west of the farm buildings together part of the field enclosure running up from the south of the farm buildings. In all the property extends to 5.21 acres.
BUILDINGS
The farm buildings currently comprise a range of modern livestock buildings. Permission has been granted for the conversion of some of the farm buildings to five dwellings. The buildings comprise:
1. Two bay concrete framed block and fibre cement store. Permission has been granted for the conversion of this building into a two-bedroom, single storey, detached dwelling (unit 1).
2. Adjoining two-bay timber, block and galvanise mono-pitched store (due to be removed if the conversion works are undertaken).
3. Adjoining four bay concrete framed block and fibre cement livestock pens. Permission has been granted for the conversion of this building to two no. three bedroom dwellings (units 2 and 3).
4. Adjoining four bay concrete framed block and fibre cement covered yard. Permission has been granted for the conversion of this building to two no. three bedroom dwellings (units 4 and 5).
5. Adjoining four bay concrete framed block and fibre cement covered yard with lean-to (due to be removed if the conversion works are undertaken).
6. Adjoining four bay steel and fibre cement covered yard (due to be removed if the conversion works are undertaken).
METHOD OF SALE
The property is offered for sale by online auction.
GUIDE PRICE
The property is offered for sale with a guide price* of £550,000. The property will be sold subject to a reserve price**.
*The guide price is the minimum price at which the seller is prepared to sell at the date of publication.
**The reserve price is the minimum price at which the auctioneer is authorised by the seller to sell the lot at auction. The lot may be sold to the highest bidder at or above the reserve price but the auctioneer is not authorised to sell at a figure below the reserve price.
Both the guide price and the reserve price are subject to change. Potential purchasers should ensure that they register their interest in the property and regularly check for updated information regarding the property, including changes to the guide price.
TENURE & POSSESSION
The freehold of the property is offered for sale with the benefit of vacant possession upon completion, which is due on 2 December 2021.
The purchaser will be required to erect a new stock proof fence (timber post, sheep netting and barbed wire) along the new southern boundary of the property within nine months of completion.
PLANNING
Conditional permission was granted by Sedgemoor District Council on 23 June 2021 under application reference 36/21/00008. The application determined that prior approval was not required for the proposed change of use of agricultural buildings to five no. dwellings with associated works.
The pastureland falling outside of the area hatched on the sale plan below will be sold subject to a covenant restricting the use of the land to agricultural, horticultural and equestrian uses.
SERVICES
The property is serviced by mains water, electricity, and drainage.
There is currently a dirty water catchment tank to the east of the property boundary which services the farm buildings/yard area. The purchaser will be required to close off the connection to this tank within nine months of completion.
WAYLEAVES EASEMENTS & RIGHTS OF WAY
There is a public footpath running along the northern boundary of the property.
HEALTH & SAFETY
The site currently comprises a working farmstead. Potential purchasers are therefore required to take particular care when inspecting the property, bearing in mind especially the risk of sudden movements from machinery, vehicles and livestock which may be present and operating at the time of inspection, especially in and around the farm buildings. Potential purchasers are requested to wear supportive footwear for viewings, and are advised to be conscious of potentially uneven and slippery ground surfaces.
EPC RATINGS
New Stowey Farmhouse has a current energy efficiency rating of band F and potential energy efficiency rating of band C.
LOCAL AUTHORITIES
Sedgemoor District Council Bridgwater House, King Square, Bridgwater, Somerset, TA6 3AR
VIEWINGS
Viewings are by appointment with Carter Jonas on 01823 428590.
There is an internal tour of the farmhouse available at https://my.matterport.com/show/?m=2TH6esHetRB
DIRECTIONS
Heading from Cannington to Nether Stowey on the A39, turn left by the playing fields shortly before the left turning into Nether Stowey. Continue down this road and the entrance to the farm will be found on the right-hand side.
WHAT3WORDS
recount.reforming.cool

Summary

Auction end
4th Nov at 12:00
Property type
Residential
Tenure
Ask Agent
Bedrooms
3
Bathrooms
1
Council tax band
Ask Agent

Summary

Auction end
4th Nov at 12:00
Property type
Residential
Tenure
Ask Agent
Bedrooms
3
Bathrooms
1
Council tax band
Ask Agent

This property is being sold by:

South West

South West

01823 230979

Quad 4000 Blackbrook Park Avenue Taunton Somerset TA1 2PX

Traditional auction

Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

* Pricing Information

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Bamboo Auctions and Carter Jonas Online Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

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Disclaimer

All information relating to this property, including descriptions, pictures and other related information has been provided by Carter Jonas Online Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.

These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.