Picture No. 14

House For Sale £1,100,000
Lodge Farm, Little Saxham, Bury St. Edmunds, Suffolk, IP29


Description
Attractive farmhouse and extensive farm buildings with redevelopment potential. Viewings from 2 August 2023 9am - 12 noon.

Description

Lot 1 – Lodge Farmhouse
5.89 acres (2.385 hectares)
£650,000

Lodge Farmhouse is an attractive Grade II listed house built using a timber frame with rendered walls under a thatched roof. The house was last occupied in 2022 and requires comprehensive redevelopment to recreate a beautiful family home in this sought after location.

Accommodation on the ground floor comprises a kitchen, dining room, utility room, study and two reception rooms. There are five bedrooms on the first floor with a further two on the second floor.

There is a gravel driveway to the front with parking for several cars. To the rear is a timber framed garden store surrounded by specimen trees, shrubs and gardens.

Beyond the garden is a paddock extending to approximately 4.38 acres and let to a local grazier under a Farm Business Tenancy expiring in May 2024. The southern boundary is marked with stakes. It will be the responsibility of the purchaser to erect a fence at a specification to be agreed between points A and B on the sale plan within 3 months of completion.

Lot 2 – Lodge Farm Buildings
1.30 acres (0.527 hectares)
£450,000

Located to the north of Lodge Farmhouse are the farm buildings which previously formed the heart of the wider farm. They comprise a mixture of modern and historic buildings centred around a courtyard.

Planning

In October 2020, a pre-application enquiry was submitted by Savills to West Suffolk Council on behalf of the Vendor. This advice was sought in view of the potential of a full planning application for the possible redevelopment of the farmyard. Three options for redevelopment were proposed to the Council, all including a mix of new build and conversions, ranging between 8 and 9 dwellings.

Further information is available from Savills.

Overage

It is the Vendor’s wish to retain a right of overage over the property. The Vendor will be entitled to 30% of any uplift beyond agricultural value resulting from the granting of consent for any non-agricultural use for a period of 25 years. The overage payment would be triggered by the granting of a planning consent or a sale of the property.

Location

Lodge Farm lies to the south of the picturesque village of Little Saxham in Suffolk and within easy reach of Bury St Edmunds to the east and Newmarket to the west. The A14 trunk road is located 2 miles to the north connecting Ipswich and Bury St Edmunds with Cambridge and the midlands..




Acreage: 7.19 Acres

Directions

outwards.cutaway.volume
What3Words gives every 3m x 3m square in the world a unique 3 word address. This one describes the entrance to the driveway for the farmhouse.

Follow the link for more information:
        
onthemarket.com

  
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