Initial price	£1,900,000
06/03/24	£1,500,000
Price Change	-21.05%

Lower Coldridge Farm is a rare opportunity to acquire a charming smallholding located in the heart of the Herefordshire countryside. The property includes a spacious 3-bedroom farmhouse, attached annex, and approximately 32 acres of predominantly Grade III arable and pastureland. The farm has been traditionally farmed by the Gurney family since 1936 and has been let on a cropping licence on a traditional arable rotation. The land is gently undulating and is in excellent heart, with a productive loam and a former orchard in front of the house. The property benefits from mains electricity, water, and private drainage system, and has planning permission for conversion of the adjoining former granary to holiday accommodation. The farmhouse has exposed beams, stone feature walls, and an Inglenook fireplace, and the annex has been partly converted with insulation and services work undertaken but not completed. There is also scope to convert some of the modern farm buildings into further residential dwellings, subject to planning. The property is sold freehold with vacant possession, and an overage agreement will be made for 30% uplift over a 30-year period from the date of completion, subject to planning consent for residential and recreational uses.