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4 bedroom detached house for sale
Martin Croft Farm, Rossendale
£1,400,000
Martin Croft Farm, Rossendale
£1,400,000
Our Summary
- DESCRIPTION Martin Croft Farm comprises a two storey stone built dwelling, an adjoining two storey height stone built farm building, a number of small single storey traditional buildings, a derelict stone built farm cottage and a number of dilapidated modern farm buildings and approximately 26
- The farmhouse has been well maintained but is in need of modernisation
- There is an area of land that has been included in the settlement boundary, but which is not part of the employment land allocation and we consider that there is the potential, subject to planning, for some form of residential development on this land
- OVERAGE The Vendors intend to impose an overage/clawback on the land that has potential for residential development shown edged green on the attached plan which will be set at 30% of the increase in value above the amount paid for the land for a 30 year period
- A derelict stone built cottage
- Immediate development potential through the conversion of some of the modern and traditional buildings (STPP)
Description
Martin Croft Farm is a semi-rural property located about 1.5 miles northwest of Haslingden town center, with easy access to the M66 and M62 motorways. The property comprises a two-story stone-built farmhouse, an adjoining farm building, and various smaller structures, as well as approximately 26.91 acres of grassland. The farmhouse provides two floors of accommodation, including a dining kitchen, lounge, and four bedrooms, with a gross internal floor area of 214 square meters. The farm buildings are in a dilapidated condition, except for a large stone barn. The property has mains electricity and water, and heating is provided by an oil-fired boiler. The land has been allocated for employment use in the local plan, with potential for residential development on a nearby area. Additionally, there is scope for converting traditional buildings and modern farm buildings into dwellings under permitted development rights. The property is being sold by private treaty, with an overage clause imposed on the land with potential for residential development.