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Highbury Farm, Banningham

Guide Price £1,450,000 | 4 Bedroom | Farm - Residential

Call 01263 738444 or email county@arnoldskeys.com for more details on this property
Tenure: Freehold An opportunity to acquire a detached, period farmhouse for renovation together with a range of traditional barns with planning permission for conversion to three residential dwellings with adjoining grazing paddocks.

The site extends in all to approximately 1.99 Ha (4.92 Acres).

FOR SALE BY PRIVATE TREATY As a Whole

INTRODUCTION Highbury Farm offers the opportunity to acquire an

imposing and historic Norfolk farmhouse together with

an extensive range of traditional barns with consent for

conversion to form three residential units in a site which

extends in all to approximately 1.99 Ha (4.92 Acres). Highbury Farm is believed to be one of the original

farmsteads in the village; the farmhouse dates from the

16th Century, with later Victorian alterations. Built of brick and knapped flint under a tiled roof the farmhouse

retains many interesting exterior and interior period

features. The property now requires renovation throughout but

has great potential to create an attractive family home in

this popular village. Highbury Farm is approached from the village via a

gravelled drive off Colby Road. The property has the

benefit of secluded walled gardens, plenty of parking

space, outbuildings, and an ornamental pond.

At the rear of the farmhouse is a large range of traditional

barns predominantly constructed of brick with clay

pantile roof. Part of the range is a timber framed cart shed

with former granary above. The complex of barns is likely

to have originated from the same date as the farmhouse

and are shown on maps from 1707; they feature a variety

of historic architectural features and timber work. The

barns benefit from an implemented planning permission

to convert the majority of them into three residential

dwellings, with potential for plenty of historic character.

To the north of the barns are grazing paddocks which

extend to approximately 1.16 Ha (2.87 Acres)

THE BARNS An extensive range of traditional barns with consent to

convert into three residential dwellings. The consent

allows for a new vehicular access to be created on the

west side of the pond with the current driveway then

closed up. Outline planning consent was originally

granted by North Norfolk District Council under

application reference: PO/06/1725 on 25th January 2007.

A Reserved Matters application (reference: PM/09/1198)

was later approved by the Council on 25th January 2010.

We are informed that Condition 8 (Wildlife Survey) on the Outline planning consent has been discharged

along with Condition 3 (Historic Building Record) on the

Reserved Matters application.

A Building Regulations application for Unit 1 was registered by Building Control at North Norfolk District

Council under reference FP/12/0435 and works were

commenced, inspected and approved on 23rd January

2012. An application is currently underway with North Norfolk

District Council for a Lawful Development Certificate.

Whilst the approved plans cover the majority of the

barns there may be potential to convert the 'easterly

wing' to a fourth unit or perhaps an annexe and home

office for use in conjunction with the farmhouse (stpp).

Please refer to the plans included in the particulars which

show the approved layout for each unit:

THE LAND The land to the north of the barns comprises an area

of grazing paddocks which extend to approximately 1.16

Ha (2.87 Acres) and divided by various timber post and rail fences with stock netting. There are three separate

timber stable blocks spread across the paddocks.

To the west of Unit 1 is an area of concrete hardstanding/

rough ground on which part was previously used for

siting a static caravan which did have mains electric and

water connected. With the land available there are plenty of opportunities

to divide this up between the farmhouse and barns to

offer larger plots to each property

PLEASE REFER TO BROCHURE FOR FULL DETAILS

GENERAL REMARKS AND STIPULATIONS

VIEWING Strictly by appointment only with Arnolds Keys - Irelands

Agricultural: .

METHOD OF SALE The property is offered for sale by Private Treaty as a

whole, with a Guide Price of £1,450,000.

TENURE AND POSSESSION The site is offered for sale Freehold with vacant

possession upon completion.

OVERAGE/UPLIFT CLAUSE The site will be sold subject to an overage/uplift clause

on the area shown hatched blue on the site plan. This will

be for a period of 35 years from the date of completion.

It will require 35% of the uplift in value to be paid to the

vendor (or their successors) in the event that planning

permission is granted for any additional residential

dwellings on this area.

LAND REGISTRY The property is registered with the Land Registry under

Title No: NK395907.

ENERGY PERFORMANCE CERTIFICATE (EPC) An EPC has been prepared for the property with a

current rating of G.

PLANNING The property is within the jurisdiction of North Norfolk

District Council, to whom interested parties are advised

to make their own enquiries in respect of any planning

issues or development opportunities for the property.

MINERALS, TIMBER AND SPORTING RIGHTS In so far that they are owned by the vendor, the minerals,

timber and sporting rights are included in the sale.

RIGHTS OF WAY, EASEMENTS, WAYLEAVES AND

COVENANTS The property is sold subject to, and with the benefit of

all easements, rights of way, privileges etc., which may

affect the same, whether mentioned hereto or not.

AUTHORITIES

North Norfolk District Council -

UK Power Networks:

Anglian Water:

VAT In addition to the purchase price, should any sale on the

property or rights attached to it become a chargeable

supply in terms of Value Added Tax, such tax shall be

payable by the Purchaser in addition.

HEALTH & SAFETY Viewing is entirely at your own risk, please be vigilant

and mindful of your own personal safety and well-being

when on site and please adhere to all current guidelines

regarding COVID19. Neither the Agents nor the Vendor accept any liability for injury or loss. Due to the nature of

the property children are not permitted to attend.

PARTICULARS AND PLANS These particulars and plans are based upon the Ordnance

Survey metric editions and are believed to be correct,

but their accuracy cannot be guaranteed. The purchaser

shall be deemed to have satisfied themselves as to the

description of the property and all boundaries. Any

errors or statements shall not annul the sale, nor entitle

any party to compensation in respect thereof.

DISPUTES Should any dispute arise between the Vendor and the

purchaser(s) as to the boundaries, fences or any other

point arising out of these particulars, then the Agent's

decision shall be binding upon all parties.

CONTACT

Tom Corfield MRICS FAAV

Email: tom.corfield@arnoldskeys.com

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Cost Calculator

Based on not being a first time buyer, and a purchase price of £250,000, the stamp duty payable would be:

£2,500


Other costs to consider

  • Mortgage
  • Removals
  • Surveys
  • Solicitors Fees

This calculator works on the following assumptions: you are purchasing the freehold for the property; you are not purchasing on behalf of a company or trust; you are purchasing for your personal, residential use; you don’t already own another property. If these assumptions are incorrect, or you’d like a more detailed breakdown of stamp duty costs, please see the gov.uk stamp duty calculator.