Adding value to a farm?
Discussion
A neighbour/friend has inherited a small farm which will be sold at a later date but in the current economic climate I was wondering if they could increase it's value somehow. There are stables and a large barn (not brick though). Would provisional planning consent to convert the outbuildings into a granny annex or holiday accomodation be worth considering? Would something like this appeal to a prospective buyer? This is a very old property, the title deeds are on parchment but it's also very run down so needs a lot spending on it.
Boosted LS1 said:
A neighbour/friend has inherited a small farm which will be sold at a later date but in the current economic climate I was wondering if they could increase it's value somehow. There are stables and a large barn (not brick though). Would provisional planning consent to convert the outbuildings into a granny annex or holiday accomodation be worth considering? Would something like this appeal to a prospective buyer? This is a very old property, the title deeds are on parchment but it's also very run down so needs a lot spending on it.
Depending on how much land is with it, do up the house, whack up a few stable blocks. Employ a few stablehands and run a livery yard.You could sell hay, straw, shavings, feed onto the horsey people for a small profit too.
Equestrian properties are worth a bomb
KingRichard said:
Boosted LS1 said:
A neighbour/friend has inherited a small farm which will be sold at a later date but in the current economic climate I was wondering if they could increase it's value somehow. There are stables and a large barn (not brick though). Would provisional planning consent to convert the outbuildings into a granny annex or holiday accomodation be worth considering? Would something like this appeal to a prospective buyer? This is a very old property, the title deeds are on parchment but it's also very run down so needs a lot spending on it.
Depending on how much land is with it, do up the house, whack up a few stable blocks. Employ a few stablehands and run a livery yard.You could sell hay, straw, shavings, feed onto the horsey people for a small profit too.
Equestrian properties are worth a bomb
Converting agricultural buildings to domestic dwellings is usually very, very difficult to get permission for - particularly if the farm is still active.
groomi said:
KingRichard said:
Boosted LS1 said:
A neighbour/friend has inherited a small farm which will be sold at a later date but in the current economic climate I was wondering if they could increase it's value somehow. There are stables and a large barn (not brick though). Would provisional planning consent to convert the outbuildings into a granny annex or holiday accomodation be worth considering? Would something like this appeal to a prospective buyer? This is a very old property, the title deeds are on parchment but it's also very run down so needs a lot spending on it.
Depending on how much land is with it, do up the house, whack up a few stable blocks. Employ a few stablehands and run a livery yard.You could sell hay, straw, shavings, feed onto the horsey people for a small profit too.
Equestrian properties are worth a bomb
Converting agricultural buildings to domestic dwellings is usually very, very difficult to get permission for - particularly if the farm is still active.
Assuming the house and outbuildings are not listed I would speak to planning about the potential for demolition and the building of a new dwelling.
Building plots of that size are very rare.
If the planners hint that this may be doable I'd invest in a good architect to get outline planning for as big a house as possible and then fire the fecker off to auction.
Building plots of that size are very rare.
If the planners hint that this may be doable I'd invest in a good architect to get outline planning for as big a house as possible and then fire the fecker off to auction.
B17NNS said:
Assuming the house and outbuildings are not listed I would speak to planning about the potential for demolition and the building of a new dwelling.
Building plots of that size are very rare.
If the planners hint that this may be doable I'd invest in a good architect to get outline planning for as big a house as possible and then fire the fecker off to auction.
Seeing as the Title Deeds are on parchment I'd imagine the house to be at least a few hundred years old, and it's highly likely to be listed.Building plots of that size are very rare.
If the planners hint that this may be doable I'd invest in a good architect to get outline planning for as big a house as possible and then fire the fecker off to auction.
agric said:
The horse charities are already seeing huge increase in people unable to justify keeping their animals in livery,
Let alone doing DIY on a field instead,
so just now would most definately NOT be the time to open a livery yard I reckon
Hmmm, I base most of my experience around racing yards - money there for sure if you know what you're doing Let alone doing DIY on a field instead,
so just now would most definately NOT be the time to open a livery yard I reckon
As much as it pains me to say it (being of farming stock, and on the hunt for a small farm with buildings), the key words are "Equestrian Property".
Just about a year ago, I was looking at a horticultural small-holding. A 3-bed semi-detatched house, with 8 acres of ground including glass houses, some of the ground could be classified as contaminated, etc.... Looking at it logically - 3 bed semi's with a half reasonable garden around here were fetching £175K. Agricultural land at the time (not registered for arable subsidies) worth £3600/acre. Less cost of demolishing/disposing of glass houses, and removing "contaminated soil" (approx £140K). Sold as an "Equestrian Property" for £495K (full asking price).
Two years prior to that, one of those properties was sold as a horticultural smallholding, to someone who uses it for that purpose, for £225K.
B*st*rd estate agents!
Just about a year ago, I was looking at a horticultural small-holding. A 3-bed semi-detatched house, with 8 acres of ground including glass houses, some of the ground could be classified as contaminated, etc.... Looking at it logically - 3 bed semi's with a half reasonable garden around here were fetching £175K. Agricultural land at the time (not registered for arable subsidies) worth £3600/acre. Less cost of demolishing/disposing of glass houses, and removing "contaminated soil" (approx £140K). Sold as an "Equestrian Property" for £495K (full asking price).
Two years prior to that, one of those properties was sold as a horticultural smallholding, to someone who uses it for that purpose, for £225K.
B*st*rd estate agents!
mybrainhurts said:
Blaster Bates had thoughts on this...
In order to get one over one's neighbours, one needs to dig a deep hole, then run all one's drains into it...
One is then unique in having one's own sh!thole...
I think that was the gist of it...
http://www.youtube.com/watch?v=eOwven0Rt94In order to get one over one's neighbours, one needs to dig a deep hole, then run all one's drains into it...
One is then unique in having one's own sh!thole...
I think that was the gist of it...
thunderbelmont said:
As much as it pains me to say it (being of farming stock, and on the hunt for a small farm with buildings), the key words are "Equestrian Property".
Just about a year ago, I was looking at a horticultural small-holding. A 3-bed semi-detatched house, with 8 acres of ground including glass houses, some of the ground could be classified as contaminated, etc.... Looking at it logically - 3 bed semi's with a half reasonable garden around here were fetching £175K. Agricultural land at the time (not registered for arable subsidies) worth £3600/acre. Less cost of demolishing/disposing of glass houses, and removing "contaminated soil" (approx £140K). Sold as an "Equestrian Property" for £495K (full asking price).
Two years prior to that, one of those properties was sold as a horticultural smallholding, to someone who uses it for that purpose, for £225K.
B*st*rd estate agents!
Why are they bJust about a year ago, I was looking at a horticultural small-holding. A 3-bed semi-detatched house, with 8 acres of ground including glass houses, some of the ground could be classified as contaminated, etc.... Looking at it logically - 3 bed semi's with a half reasonable garden around here were fetching £175K. Agricultural land at the time (not registered for arable subsidies) worth £3600/acre. Less cost of demolishing/disposing of glass houses, and removing "contaminated soil" (approx £140K). Sold as an "Equestrian Property" for £495K (full asking price).
Two years prior to that, one of those properties was sold as a horticultural smallholding, to someone who uses it for that purpose, for £225K.
B*st*rd estate agents!
ds? Sounds to me like they valued the 'equestrian property' at the value someone would pay for it 
That's their job...
KingRichard said:
thunderbelmont said:
As much as it pains me to say it (being of farming stock, and on the hunt for a small farm with buildings), the key words are "Equestrian Property".
Just about a year ago, I was looking at a horticultural small-holding. A 3-bed semi-detatched house, with 8 acres of ground including glass houses, some of the ground could be classified as contaminated, etc.... Looking at it logically - 3 bed semi's with a half reasonable garden around here were fetching £175K. Agricultural land at the time (not registered for arable subsidies) worth £3600/acre. Less cost of demolishing/disposing of glass houses, and removing "contaminated soil" (approx £140K). Sold as an "Equestrian Property" for £495K (full asking price).
Two years prior to that, one of those properties was sold as a horticultural smallholding, to someone who uses it for that purpose, for £225K.
B*st*rd estate agents!
Why are they bJust about a year ago, I was looking at a horticultural small-holding. A 3-bed semi-detatched house, with 8 acres of ground including glass houses, some of the ground could be classified as contaminated, etc.... Looking at it logically - 3 bed semi's with a half reasonable garden around here were fetching £175K. Agricultural land at the time (not registered for arable subsidies) worth £3600/acre. Less cost of demolishing/disposing of glass houses, and removing "contaminated soil" (approx £140K). Sold as an "Equestrian Property" for £495K (full asking price).
Two years prior to that, one of those properties was sold as a horticultural smallholding, to someone who uses it for that purpose, for £225K.
B*st*rd estate agents!
ds? Sounds to me like they valued the 'equestrian property' at the value someone would pay for it That's their job...
Would you like to buy some Euro's? They're worth a fortune, ideal for buying "Equestrian Properties", or "Equestrian Items" in Europe. I'll sell them to you for £5 each. (that should work).
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