4-bedroom house · BB2 4NW
For saleListed 6 days
Opportunity summary
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About
Offered for sale as two lots or as a whole.
Bank Hey Farm comprises a traditional Victorian era stone and slate built four bedroomed farmhouse which extends to 234m2 (2527sq ft) together with a range of part stone, part modern portal frame, livestock buildings extending to 1571m2 (16,900sq ft), grass paddock and stockyard extending overall to 8215m2 (2.02ac), 0.82ha.
The farmhouse is a substantial detached property offering spacious living accommodation but with excellent potential.
It has three reception rooms, in addition to an open plan morning room and kitchen. There is a porch and a shower room on the ground floor and a small basement.
There are four first floor bedrooms and a large bathroom.
The farmhouse enjoys gardens front and rear with potential to create additional car parking or to construct a garage and outbuildings to the north. It is warmed by oil heating.
TENURE We have been advised that the property is freehold.
ACCOMMODATION LOUNGE 16' x 14' 9" (4.88m x 4.5m) Multi fuel burner in recessed fireplace, radiator, flagged flooring SITTING ROOM 16' x 13' 10" (4.88m x 4.22m) Radiator SITTING ROOM TWO 13' x 11' (3.96m x 3.35m) Double radiator ENTRANCE HALL Radiator MORNING ROOM 12' 8" x 10' (3.86m x 3.05m) Radiator, open to; KITCHEN 12' 11" x 9' 8" (3.94m x 2.95m) Wall & floor units, stainless steel single drainer sink unit, built in oven, hob REAR ENTRANCE 9' 1" x 6' 5" (2.77m x 1.96m) Radiator THREE-PIECE SHOWER ROOM Shower, wash basin, WC BASEMENT STAIRS TO FIRST FLOOR LANDING Radiator BEDROOM ONE 16' x 12' (4.88m x 3.66m) BEDROOM TWO 12' 8" x 10' 5" (3.86m x 3.18m) Radiator BEDROOM THREE 12' 11" x 11' 3" (3.94m x 3.43m) Radiator BEDROOM FOUR 15' 10" x 14' (4.83m x 4.27m) Radiator BATHROOM 10' 6" x 6' 1" (3.2m x 1.85m) Panelled bath, wash basin, WC radiator, walk in airing cupboard OUTSIDE OUTBUILDINGS LEAN-TO THREE COMPARTMENTS: ONE 10' x 7' (3.05m x 2.13m) TWO 11' 10" x 7' (3.61m x 2.13m) THREE 7' 5" x 7' (2.26m x 2.13m) LOT TWO The farm buildings and paddock offer scope for alternative use (subject to planning permission) - currently used for livestock housing and pasture with a yard/hardstanding.
The outbuildings currently provide the following floor space: traditional stone/asbestos or fibre cement roofing - overall dimensions 23.0 x 11m = 257m2 (2770ft2).
2 interconnecting steel portal framed non insulted fibre cement roofed open/concrete block and stone side walls.
Building 1 556sq meters (5992sq ft) Building 2 758m2 (8160sq ft) Average eaves heights 4.2m 13.7ft2.
Heights to apex 7.0m 23ft SERVICES Mains electricity and drainage connected, water currently from spring supply but mains connection will be provided. Oil fired central heating.
Right of Way - over current farm road to be maintained during adjoining residential estate development. Offers invited - The whole is in excess of £800,000.
Site plan shows overall cartlidge of lots one and two edged in red. PLEASE NOTE VIEWINGS ARE TO BE ARRANGED THROUGH PROCTORS AND ARE BY APPOINTMENT ONLY.
WE HAVE NOT TESTED ANY APPARATUS, EQUIPMENT, FIXTURES, FITTINGS OR SERVICES AND SO CANNOT VERIFY IF THEY ARE IN WORKING ORDER OR FIT FOR THEIR PURPOSE.
COMPLIANCE Agents are required by law to conduct anti-money laundering checks on all those renting or buying a property. The cost of these checks is £20 per check. This is a non-refundable fee.
These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office proceeding with checks.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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