A spacious three bedroom farmhouse situated within the picturesque Lorton Valley within the Lake District National Park, benefitting from oil fired central heating together with stone barn and 37.77 acres (15.28ha) of grazing land.
An attached one bedroom two storey cottage also benefitting from oil fired central heating together with garden and outbuilding (subject to an Assured tenancy).
The property lies in the Lorton Valley area of the Lake District National Park. Latterhead is 6.5 miles South of the attractive market town of Cockermouth which offers local amenities including primary and secondary schools.
Lot 1: Latterhead Farmhouse, Stone Barn and 7.98 acres (3.23ha). Guide Price: £520,000
A well presented and spacious, three bedroom house benefitting from oil fired central heating, parking area to the front and lawned garden to the rear. Detached stone barn. 7.98 acres (3.23ha) of grazing land and a stretch of 80m single bank fishing rights on the River Cocker.
Included within the sale of Lot 1 are fishing rights on an 80m stretch of the River Cocker including a deep pool and a right of way to the river as shown on the sale plan.
4.60m x 12.05m. Stone barn, rendered externally with slate roof covering, partially lofted internally.
The land included within Lot 1 is shown edged red on the attached plan. If the property is sold in Lots the Purchaser of Lot 1 will have a right of way over the access track shown brown on the plan.
Lot 2: Latterhead Cottage with Outbuilding, Garden and Orchard Area Guide Price: £90,000
A one bedroom cottage benefitting from oil fired central heating, garden area and outbuilding.
Latterhead Cottage is subject to an Assured Tenancy. A copy of the agreement is available from H&H Land and Property.
The tenancy also includes a garden/orchard area to the side and rear, and an outbuilding and the right to park two cars.
Lot 3: 29.79 acres (12.05ha) of grazing land Guide Price: £140,000
The land offered for sale as Lot 3 extends to 29.79 acres (12.05ha) of grazing land and benefits from natural water supply.
If the property is sold in Lots the Buyer of Lot 3 will be responsible for ensuring that the fences between Lots 1 and 3 are stock proof.
Access for Lot 3 is gained from the main road into Field No 8.
The land is registered for Basic Payment purposes. The entitlements are included in the sale, and will be transferred to the successful Buyer.
If the property is sold in Lots the following entitlements will be attributed:
Lot 1 – 3.04
Lot 3 – 11.62
The cost of transferring these entitlements will be £250 + VAT, payable by the Buyer(s).
N.B. prospective buyers should be aware of the minimum claim area of 5ha for BPS. If a purchaser has no other entitlements relating to other land, the entitlements for Lot 1 will not be transferred.
The seller has made the 2018 claim and will retain the payment in full.
The land is subject to an Entry Level Plus Higher Level Stewardship Scheme due to expire on 30th April 2023. The Buyer(s) will be required to continue with the requirements of this agreement until it terminates at this time.
Buyers will be required to indemnify the Seller of all losses if the existing agri-environmental agreement is not continued in the correct format.
Potential buyers are advised to discuss any queries with the scheme with Natural England and obtain their own advice.
Full details of the Stewardship Agreement can be obtained from the Selling Agents.
The transfer of the Stewardship Agreement (without any amendments or additional advice) will be made in accordance with the regulations of the Agreement and will be carried out by H&H Land and Property Ltd for which a fee of £250 plus VAT will be payable by the Buyer(s).