Large Isle of Wight farm with income, pasture and renovation potential.
Grade II listed farmhouse dating to 1750 with period features
Circa 104 acres total; about 99 acres permanent pasture
Successful self-contained holiday let grossing c. £30,000 pa
House requires modernisation; listed status limits alterations
Some farm buildings contain asbestos; management plan available
Buyer inherits Countryside Stewardship agreement (c. £17,500 pa)
Broadband slow despite excellent 4G mobile signal
Council tax band F; overall running costs and taxes are high
Street Place Farm is a substantial Grade II listed farmhouse set within approximately 104 acres on the West Wight, offered as a whole or in three lots. The main house (circa 2,463 sq ft) retains period character — flagstone floors, timber beams and original stone features — and sits in nearly 2 acres of garden with a pond, original well and multiple outbuildings. A self-contained one-bedroom holiday cottage (The Willows) is trading successfully, producing about £30,000 gross per year.
The holding includes roughly 99 acres of permanent pasture currently grazed by sheep and cattle, a large courtyard and circa 6,880 sq ft of yardage. There is scope for agricultural enterprise, diversification or conversion of suitable buildings (subject to consents). The property benefits from mains water and electricity, 2-phase power to buildings, excellent mobile signal/4G and direct vehicular access off Quarry Lane.
Important practical points: the farmhouse is listed (Grade II) which will restrict alterations and can complicate renovation. Several agricultural buildings contain asbestos; a management plan identifies locations and types. The farmhouse needs modernisation throughout and broadband speeds are slow. The purchaser will inherit a Countryside Stewardship agreement (income c. £17,500 pa) or face early-termination penalties.
This is a rare country holding for an investor, farmer or buyer seeking a lifestyle change who accepts listed-building constraints and planned renovation. The mix of trading holiday income, large pastureland and substantial outbuildings gives immediate income potential and medium-term development/diversification opportunities, subject to planning and listed-building consent.
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