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Grange Farmhouse

Keepers Cottage Orchard Cottage

Grange Farm, Hengrave

A residential investment opportunity of eight residential properties, and two barns set within 3.19 hectares (7.88 acres) with a rental income of £74,448 per annum.

Bury St Edmunds 4 miles, Newmarket 16 miles, Cambridge and Ipswich 30 miles (distances are approximate).

Introduction The sale of Grange Farm is an opportunity to purchase a portfolio of eight residential properties and two barns set within 3.19 hectares (7.88 acres).

Situation and Access Grange Farm benefits from a secluded location, accessed via a main private drive from the Bury Road (A1101), the main road from Mildenhall to .

Hengrave is a rural village in , located approximately four miles from Bury St Edmunds which provides all local amenities, public houses, The Arc shopping centre, well- known abbey ruins and cathedral and well regarded schools for all ages. Agricultural Sheds

Directions From the (A11/Mildenhall) roundabout, take the Bury Road (A1101) towards Bury St Edmunds. Continue along this road for just over 7 miles to the village of Hengrave. Grange Farm is sign posted and situated on the left hand side of the road.

Grange Farm

Residential Properties The diverse portfolio consists of the Grade II listed Georgian properties, Grange Farmhouse and Grange Farm Annex; a semi-detached house with extensive outbuildings, Keepers Cottage; two converted barns, the two storey Grange Farm th Croft and Orchard Cottage bungalow; and three mid-20 Meadow Century bungalows, each with their own garden and parking area. Services Being situated close to Bury St Edmunds and Newmarket, a The properties all benefit from mains electricity and commutable distance from Cambridge and Ipswich, these water supply. They are all served by a private, rental properties are highly sought after and able to command shared drainage system. All have oil heating except strong rental values with minimal void periods between Grange Farm Annex which has electric storage tenancies. heaters.

Flint Barn Energy Efficiency Ratings Within the main courtyard, there is a flint barn, with a Gross External Area of approximately 75.56 sq m (813 sq ft) that is Grange Farmhouse: Listed currently used for storage but has the potential for conversion Grange Farmhouse Annex: Listed (subject to planning persmission). Keepers Cottage: F Orchard Cottage: E Grange Farm Croft: E Agricultural Shed 1,2,3 Grange Farm Bungalows: D The agricultural sheds, located to the north west of the residential properties, have a Gross External Area of approximately 774.91 sq m (8,341 sq ft). The sheds can be accessed via a right of way to the west of the properties (as Council Tax Bands shown in between point C-D in yellow on the site plan) and Grange Farmhouse: F could be suitable for alternative uses subject to planning. Grange Farmhouse Annex: B Keepers Cottage: E Orchard Cottage: E Meadow Grange Farm Croft: E To the front of the residential properties is an area of grassland totalling approximately 0.75 hectares (1.86 acres). 1,2,3 Grange Farm Bungalows: C

Further information is available on request. The Old Orchard To the north east of the property there is an area of scrub land, totalling 0.90 hectares (2.22 acre).

General Remarks and Stipulations Planning The property is located within the boundary of St Tenure and possession Edmundsbury Borough Council. The Property is available freehold. All the residential properties are let under Assured Shorthold Tenancies; Grange Farmhouse and its curtilage are Grade II listed The portfolio is to be sold with sitting tenants. and therefore any improvements or alterations are subject to gaining Listed Building Consent. Method of Sale The freehold interest is offered for sale by Private The three bungalows all have an Agricultural Treaty as a whole. Occupancy Condition in place at present about which further details can be provided on request. Registered Title The Property is registered with HM Land Registry. There are no current planning permissions registered Further details can be provided on request. for the property.

Wayleaves, Easements, Covenants and Rights of Plans, Areas and Schedules Way Plans attached to the particulars are based upon the The property will be sold subject to and with the benefit Ordnance Survey National Grid and are for reference of all existing wayleaves, easements, covenants and only. The Purchaser(s) will be deemed to have rights of way whether or not disclosed. The satisfied themselves of the land as scheduled. Purchaser(s) will be deemed to have full knowledge and have satisfied themselves as to the provision of Viewing / Information Pack any such matter affecting the property. Viewings are strictly by appointment through Bidwells. Please telephone John Coates 01603 229308 or Boundaries James Brooke 07881 516564. The Vendors and the Vendors’ agents will do their best to specify the ownership of boundary hedges, fences For the information pack please email John Coates, and ditches but will not be bound to determine these. [email protected] The Purchaser(s) will have to satisfy themselves as to the ownership of any boundaries.

Residential Property Information:

Size (Gross Current Name Description Tenure Internal Area) Rents (p/a)

Grade II listed, semi-detached 1 Grange Farmhouse 5 bed house with spacious 2,900 sq ft AST £13,200 accommodation over three floors Grade II listed, semi-detached 2 Grange Farm Annex 1,525 sq ft AST £4,980 2 bed house with large garden

Semi-detached, 3 bed house with large 3 Keepers Cottage 1,847 sq ft AST £10,740 garden and extensive outbuildings

4 Orchard Cottage Barn conversion to 3 bed bungalow 1,189 sq ft AST £9,660

Barn conversion to 2/3 bed detached 5 Grange Farm Croft 1,390 sq ft AST £9,660 house Mid-20th century detached 3 bed 6 1 Grange Farm Bungalow 986 sq ft AST £8,988 bungalow with garage

Mid-20th century detached 3 bed 7 2 Grange Farm Bungalow 907 sq ft AST £8,220 bungalow with garage

Mid-20th century detached 3 bed 8 3 Grange Farm Bungalow 937 sq ft AST £9,000 bungalow with garage

Total revenue: £74,448

*AST = Assured Shorthold Tenancy

Site Plan:

Local Authorities Agents Notes St Edmundsbury Borough Council For clarification Bidwells LLP wish to inform Western Way, Planning Department, St Edmundsbury prospective purchasers that we have prepared these House, Bury St Edmunds, Suffolk, IP33 3YS sales particulars as a general guide. These particulars T: 01284 763233 do not form part of any offer or contract and should not be relied upon as statements or representatives of fact. Suffolk County Council Bidwells LLP has no authority to make or give in Suffolk County Council, Endeavour House, 8 Russell writing or verbally any representation or warranties in Road, Ipswich, IP1 2BX relation to the property. The plan and acreages use T: 03456 066 067 gross acreages taken from the Ordnance Survey sheets and are not suitable for the preparation of Health and Safety Single Payment Scheme forms. Measurements of We would ask you to be as vigilant as possible for your distance are approximate. The text, photographs and own personal safety when making an inspection of this plans are for guidance only and are not necessarily property. comprehensive. No assumptions should be made that the property has all necessary planning, building Postcode regulation or other consents. Bidwells LLP has not The postcode for Grange Farm is IP28 6LX. carried out a survey, nor tested the services, appliances or facilities. Purchasers shall be deemed to VAT have full knowledge of the state and condition as to the In the event that Value Added Tax is or becomes ownership of any tree, boundary or any part of the payable in respect of the property or assets sold the property. Purchasers must satisfy themselves by Purchaser(s) in addition to the consideration will pay to inspection or otherwise. In interest of Health & Safety, the Vendors the full amount such Value Added Tax. please ensure that you take due care when inspecting the property. Photographs Bidwells LLP is a limited liability partnership registered The photographs in these particulars were taken in in and Wales (registered number OC344553). June 2015. Any fixtures, fittings or equipment shown Registered head office is Bidwell House, Trumpington on the photographs are not necessarily included in the Road, Cambridge, CB2 9LD, where a list of members sale. is available for inspection.