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14 bed property, in Wells Lane, £2,200,000
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14 bed detached house

Wells Lane, Cradley, Malvern, Herefordshire WR13
£2,200,000

Our Summary

  • All properties are served by a wood pellet biomass heating system, which benefits from approximately six years remaining of Renewable Heat Incentive (RHI) payments, and the property offers further scope for additional business opportunities if required

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Description

The property package consists of a traditional character farmhouse and seven additional dwellings, which have been converted from traditional farm buildings and barns. The farmhouse, dating back to circa 1650, offers spacious and flexible accommodation, including a kitchen, dining room, drawing room with inglenook fireplace, snug, study, and three bedrooms. The seven additional dwellings vary in size and layout, ranging from single-storey cottages to a detached former milking parlour, with two to six bedrooms, and one to three bathrooms.

The property is heated by a wood pellet biomass system, which also benefits from Renewable Heat Incentive payments until 2032, generating an approximate income of £250,000. The property is situated on approximately 8.49 acres of land, including pasture, woodland, and four paddocks, as well as various outbuildings, including a detached timber-framed barn and a shed for dry storage.