Lot 98 Part-possession Investment With Potential Producing Approximately £21,000 Per AnnumAuction Date:
11th December 2024
1, 2 & 3 Forest Farm Cottages, Lewes Road, Chelwood Gate, Haywards Heath, West Sussex, RH17 7DA
Currently let at £20,820 per annum
A rare and unique opportunity to acquire a former farmstead arranged as three adjoining cottages and various outbuildings with the site extending to just over half an acre. Two of the cottages are let on Regulated Tenancies and produce approximately £21,000 per annum plus an end-terrace three-bedroom cottage over two floors offered with vacant possession and in need of updating.
There are several stores within the farmstead including garage/store with loft space above and various outbuildings including a detached former dairy/cowshed and barn with adjoining parking area. The buildings have the potential for a variety of uses and could be extended to create additional space, subject to all necessary consents being obtainable. The properties are situated in a semi-rural location on the A275 Lewes Road, just south of the village of Chelwood Gate on the edge of Ashdown Forest. They form part of the High Weald Area of Outstanding Natural Beauty and are located between Crowborough and Haywards Heath with excellent road links to all surrounding areas via the nearby A22 and A272
Cottage 1
Ground Floor
Entrance hall, living room, kitchen/dining room, inner hall and utility room.
First Floor
Landing, three bedrooms, bathroom and separate W.C.
Tenancy
Let on a Regulated Tenancy at a registered rent of £964 per calendar month from 11th October 2024.
EPC Rating E
Council Tax Band D
Cottage 2
Ground Floor
Entrance hall, living room, kitchen/dining room and bathroom/W.C.
First Floor
Landing, three bedrooms and separate W.C.
Tenancy
Let on a Regulated Tenancy at a registered rent of £970 per calendar month from 11th October 2024.
EPC Rating E
Council Tax Band D
Cottage 3
Ground Floor
Entrance hall, stairs to first floor, store room, living room, kitchen and conservatory.
First Floor
Landing, three double bedrooms and bathroom/W.C.
Tenancy
Currently vacant.
EPC Rating F
Council Tax Band F
Outside (Cottage 3)
Front garden laid to lawn with parking area, walled rear garden with two outside stores.
Site Area
The cottages are approached â€via’ a private driveway from Lewes Road leading to the main house at the top of the drive. There are two store rooms adjoining Cottage 1 with a detached storage unit opposite. There is a garage/store located between Cottages 2 and 3 with separate access to the loft area above. The former detached dairy/cowshed is within the grounds opposite Cottage 2. A detached barn with adjoining parking area is opposite, with additional parking and garden area surrounding.
Site Measurements
The entire site extends to 0.21 hectares (0.53 acres).
Local Planning Authority
Wealden District Council. Website: wealden.gov.uk. Tel: 01323 443322.
Auctioneer's Note
Please be aware that viewings are ONLY available to the vacant cottage number 3 - there are NO viewings available on cottages 1 & 2.
Freehold with Part Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
