4 bed farmhouse smallholding for sale with 2 cottages (holiday lets) + 13 acres

SmallholdingsForSale.co.uk Forums Smallholdings Property Talk December 2020 4 bed farmhouse smallholding for sale with 2 cottages (holiday lets) + 13 acres

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  • #7194
    Cole
    Participant

    With the right smallholding plan in place, this property could benefit from quite a refreshing change from Equestrian back to Livestock usage.

    This is a 4 bed farm house smallholding for sale with 13 arces in the Station Lane, Cloughton, Scarborough (North Yorkshire) area.

    It comes with:
    – 4 bedroom extended farmhouse providing 1,990 sq. ft. of living space
    – master bedroom with roof terrace and sea/castle views
    – downstairs shower room
    – utility room
    – large kitchen/diner
    – 2 receptions
    – a study room
    – 2 holiday cottages
    planning permission for a third cottage renovation
    CPH number

    As you can probably gather from my intro, I’m leaning towards (in fact, totally sold on) the idea of a U-Turn smallholding project here.

    In my opinion, what was once a livestock farm, should go back to a livestock farm.

    It’s purpose made and ultimately would best suit one.

    Whilst it seems to be functioning as an equestrian resi-holding…with the CPH number to boot, why not put this back to the grind stone and make it an operational agricultural smallholding all over again?

    One of the misgivings would-be farmers have in today’s economy is margin squeeze with all the middlemen involved.

    But with the use of internet marketing and carving out a niche within a very heterogeneous quality foods buying market (B2B and B2C)…

    …I feel some disintermediation could make this prospect a wholly profitable and prosperous one.

    As for the holiday lets…why not turn them into regular lets, perhaps even dwellings for a farm hand or two.

    Why not even apply for an apprenticeship grant which covers 50% of the wages of a 19-24 yr old? And have them live onsite…

    The other two cottages could be let as Cloughton residential lets:
    – 1 beds are letting for around £425
    – and, 2 beds for £550

    Sure it’s a rural let, but some might like that idea.

    A more consistent year-round cash flow could be much better security than and rocky holiday letting market (because of current global circumstances).

    The price of this smallholding investment prospect?

    Offers in excess of £700,000

    #7201
    Lorraine
    Spectator

    Hear hear!

    Yes, given the availability of the additional residential properties for income, a successful transition to a working farm could be made.

    Perhaps the push towards holiday let’s as a default diversification project is because of the investment needed for equipment and labour to transition the property to a viable working farm.

    Your strategy is good but it would need to be covered by a bridging loan or cash funds to buy livestock, equipment and get everything set up. We are no longer in the days where you could do it by hand!

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