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Frith Bank, Frithville, Boston PE22 3 bed farm house for sale
Frith Bank, Frithville, Boston PE22
£1,332,500
Frith Bank, Frithville, Boston PE22
£1,332,500
Our Summary
- • Development Opportunities, subject to Planning Permission
- Cherry Tree Farm comprises an attractive traditional farmhouse in need of renovation and updating, along with a range of traditional out buildings, being Lot 1
- There is an overage in place for 40 years for 30% of the uplift in value on implementation of any planning permission enabling more than one dwelling to be established on the property
- There is an overage in place for 40 years for 30% of the uplift in value on implementation of any planning permission on the property
- There is an overage in place for 40 years for 30% of the uplift in value on implementation of any
- planning permission on the property
Description
Cherry Tree Farm, a traditional farmhouse with outbuildings, is being sold as a development opportunity, subject to planning permission. The property consists of seven lots, including the farmhouse, outbuildings, arable land, and grass land. The farmhouse, Lot 1, is in need of renovation and is situated on 2.15 acres. Lot 2 includes traditional farm buildings, a grain store, and pole barn, set on 4.55 acres. The remaining lots are arable land, with Lot 3 being 14.95 acres, Lot 4 being 28.83 acres, Lot 5 being 33.60 acres, Lot 6 being 8.38 acres, and Lot 7 being 7.64 acres of grass land. The property is located in Frith Bank, Lincolnshire, and offers a range of development opportunities, with an overage agreement in place for 40 years.