Fletchwood Lane, Totton SO40

Fletchwood Lane, Totton SO40

2 Bedroom | 23.9 acres (9.7 hectares)

Offers in excess of £500,000
Ashurst New Forest 0.8 miles
Totton 2.2 miles
Redbridge 2.8 miles

UNDER OFFER - Smallholding inside the New Forest National Park.

Martins Croft Farm is a residential smallholding located inside the New Forest National Park.

The property comprises a detached 2-bedroom bungalow in a dilapidated state of repair, range of timber farm buildings and permanent pasture.

In all extending to 23.89 acres (9.67 ha).

For sale by private treaty as a whole.

Bungalow
Of block construction under tile and extending to approximately 850 sq ft the bungalow provides an excellent project for significant modernisation and refurbishment. Comprising two bedrooms with sitting room, dining room, kitchen and bathroom there is a lean to outhouse and porch. The current condition is basic and in the agents opinion uninhabitable.

Buildings
In an adjacent yard there is a range of timber pole barn farm buildings used for machinery storage and workshop space extending to about 6,800 sq ft. Further storage in nissen hut style steel and fibre cement buildings and some stables lies adjacent to the field enclosures. In the agents opinion the buildings require complete redevelopment or replacement.

Land
The pasture to circa 22.25 acres (9.00 hectares) and lies in several large enclosures to the north of the property. Suitable for livestock or equestrian grazing. It is mostly enclosed by mature hedgerows and some fencing but would need work to be fully stock proof. In recent years it has been used by to make hay.
The land is classified as Grade 4 on the Agricultural Land Classification Map with the soil further described as slowly permeable seasonally wet slightly acid but base-rich loamy and clayey soils.

Overage
The property will be sold subject to an overage reserving 30% of the increase in value outside of the permitted use for a period of 30 years. Draft overage available on request from the selling agent but for the avoidance of doubt the permitted use is as a single private dwelling house, agriculture or personal equine purposes

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Their wholesale interest rates can be lower than retail (bank branch) interest rates
  • They offer more loan options because they work with numerous banks and lenders
  • They can finance tricky deals because of their knowledge and various lending partners
  • They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

  • You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
  • You may already know the banker who will handle your mortgage
  • Banks may be more accountable than a smaller shop
  • They may offer lower interest rates in some cases
  • Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.

Key property details
Locality
Rural
Property type
Detached Bungalow Land Farm
Additional attributes
Land/Paddock
Total land
23.9 acres (9.7 hectares)
Carter Jonas reference
NWR230015
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