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Calbourne, Isle of Wight 3 bed farm house for sale
Calbourne, Isle of Wight
£1,250,000
Calbourne, Isle of Wight
£1,250,000
Price History
Initial price | £1,500,000 |
03/01/24 | £1,330,000 |
07/01/24 | £1,250,000 |
Price Change | -16.67% |
Description
Lodge Farm is a 98-acre farm located in the Area of Outstanding Natural Beauty, near the village of Calbourne. The property includes a three-bedroom bungalow, extensive farm buildings, and approximately 92 acres of productive agricultural land and mature woodland. The farm buildings have potential for change of use, subject to necessary consents, and the older derelict barn may be suitable for residential conversion. The land is a mix of good quality grassland, with some woodland and potential for alternate cropping. The farm is being sold with vacant possession, and the basic payment scheme entitlement will be included in the purchase price. A second lot is available, a 5.39-acre field with prominent road frontage, priced at £80,000. The farm benefits from a ring fence, direct access onto the B3401, and a range of farm buildings, including a former dairy, which could be converted for alternative uses. The property is being sold freehold, with mains water, electric, and private drainage, and oil-fired central heating.