How much will people pay to rent grazing land?
Discussion
I am looking at a house which has the option to have less land for a reduction in purchase price. Longer term I can see the value in having the extra land but have no use for it myself. It has about 25 acres of flat land, split 50/50 grazing and woodland and I have the option not to take most the grazing. As far as I can see there is no water supply but there must be a supply somewhere even if it has to come from the house but it is well fenced and has vehicular access.
£40 to £50 per acre for cattle/sheep possibly more for horses,but it's rather a large plot for most horse owners. Overwintering sheep 50p per sheep per week or £14 a head Oct1st to 31st Mar.
Water is essential for grazing,cost extra to above,unless it abuts a farmers other land where water is available.
Be prepared for odd hours phone calls if said animals escape,even if you don't own them people associate the land owner with the animals.
Water is essential for grazing,cost extra to above,unless it abuts a farmers other land where water is available.
Be prepared for odd hours phone calls if said animals escape,even if you don't own them people associate the land owner with the animals.
Is the land next to the house? If so, then if you can afford it, buy the land. If you do not, someone else will, and you may not like what they end up doing with it.
You'll not get much renting it out, if there's no water you may be better off getting a local farmer to take a crop of hay off it once a year ad split the profits. You'll get hundreds of bales off 25 acres, and they are currently selling for £4.50 a bale round our way.
You'll not get much renting it out, if there's no water you may be better off getting a local farmer to take a crop of hay off it once a year ad split the profits. You'll get hundreds of bales off 25 acres, and they are currently selling for £4.50 a bale round our way.
Gaspode said:
Is the land next to the house? If so, then if you can afford it, buy the land. If you do not, someone else will, and you may not like what they end up doing with it.
You'll not get much renting it out, if there's no water you may be better off getting a local farmer to take a crop of hay off it once a year ad split the profits. You'll get hundreds of bales off 25 acres, and they are currently selling for £4.50 a bale round our way.
It is, part of it has PP for a house which has lapsed which pushed the value up ( I assume, as they want £95k for that acre).You'll not get much renting it out, if there's no water you may be better off getting a local farmer to take a crop of hay off it once a year ad split the profits. You'll get hundreds of bales off 25 acres, and they are currently selling for £4.50 a bale round our way.
A house with a nice family living in it wouldn't be too bad. What you do not want if for the land to be sold separately to some pikey scrote who uses the lapsed planning permission as an excuse to move in with his clan. Next thing you know the place will be full of caravans, transit pickups, piles of scrap, and dags.
Buy the land. Now.
Or maybe you like dags?
Buy the land. Now.
Or maybe you like dags?
Recreational horse ownership is rising (if I am to believe the BHS...) and a property with about 5 acres of paddocks qualifies as an equestrian property and quite a hike in value. One of our neighbours paid the local farmer what at the time seemed a silly amount of money for a 2 acre strip adjacent to their garden. It didn't seem so silly when they sold "with paddocks" and we'd seen what the change in property value was.
If renting out grazing then you'll need to clarify the state of the fencing, suitability for the type of animal (a barbed wire strand is OK for cows, injures horses and sheep walk under it, etc) who maintains the fencing and pays for damage etc. Fencing is NOT cheap!
Peronally I'd buy it and hope the income covers your costs
If renting out grazing then you'll need to clarify the state of the fencing, suitability for the type of animal (a barbed wire strand is OK for cows, injures horses and sheep walk under it, etc) who maintains the fencing and pays for damage etc. Fencing is NOT cheap!
Peronally I'd buy it and hope the income covers your costs
Cogcog said:
Sounds a lot trouble for what it is worth. I really just wanted to keep the grass down!
Sheep will do that fine.We own a field a few miles away and let a local farmer keep his sheep on it for free,keeping the grass down.Quite fun because they're some kind of rare breed and can be a reason to take the 'picturesque' route whilst out on a drive.
Bought it to stop pikeys setting up there.
personally if i was in your positionm i would have the land, just from the view point of knowing whats going to happen to it. a small plot was sold up the road from me for a huge amount by 2 neighbours as they were worried about pikes moving in.
as for what you can get, horse people are paying £10 per horse per week. we rent additional land to our farm from another local farmer for £120 per acre per year.
problem with renting out: livestock destroy things, they can turn a nice paddock into a bog during winter. and it doesn't just repair itself, costs are involved in good healthy paddocks, and generally someone renting a paddock is never willing to do any up keep they will trash it and leave.
as for what you can get, horse people are paying £10 per horse per week. we rent additional land to our farm from another local farmer for £120 per acre per year.
problem with renting out: livestock destroy things, they can turn a nice paddock into a bog during winter. and it doesn't just repair itself, costs are involved in good healthy paddocks, and generally someone renting a paddock is never willing to do any up keep they will trash it and leave.
goldblum said:
Cogcog said:
Sounds a lot trouble for what it is worth. I really just wanted to keep the grass down!
Sheep will do that fine.We own a field a few miles away and let a local farmer keep his sheep on it for free,keeping the grass down.Quite fun because they're some kind of rare breed and can be a reason to take the 'picturesque' route whilst out on a drive.
Bought it to stop pikeys setting up there.
Some cute little rare breed lambs spend all summer working hard to keep the grass down and as a reward for all their hardwork, you eat them.
thinfourth2 said:
goldblum said:
Cogcog said:
Sounds a lot trouble for what it is worth. I really just wanted to keep the grass down!
Sheep will do that fine.We own a field a few miles away and let a local farmer keep his sheep on it for free,keeping the grass down.Quite fun because they're some kind of rare breed and can be a reason to take the 'picturesque' route whilst out on a drive.
Bought it to stop pikeys setting up there.
Some cute little rare breed lambs spend all summer working hard to keep the grass down and as a reward for all their hardwork, you eat them.
thinfourth2 said:
goldblum said:
Cogcog said:
Sounds a lot trouble for what it is worth. I really just wanted to keep the grass down!
Sheep will do that fine.We own a field a few miles away and let a local farmer keep his sheep on it for free,keeping the grass down.Quite fun because they're some kind of rare breed and can be a reason to take the 'picturesque' route whilst out on a drive.
Bought it to stop pikeys setting up there.
Some cute little rare breed lambs spend all summer working hard to keep the grass down and as a reward for all their hardwork, you eat them.
Edited by goldblum on Wednesday 15th December 15:12
Cogcog said:
thinfourth2 said:
goldblum said:
Cogcog said:
Sounds a lot trouble for what it is worth. I really just wanted to keep the grass down!
Sheep will do that fine.We own a field a few miles away and let a local farmer keep his sheep on it for free,keeping the grass down.Quite fun because they're some kind of rare breed and can be a reason to take the 'picturesque' route whilst out on a drive.
Bought it to stop pikeys setting up there.
Some cute little rare breed lambs spend all summer working hard to keep the grass down and as a reward for all their hardwork, you eat them.
good thick hedges and a gate anyway.I think the law regarding 'travellers'(lol) and land 'occupation' is different if animals are present on the land.Might be
wrong though,but the thinking is it will complicate matters.
Pikeys set dogs (dags?) after hares as sport,not sheep apparently.
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