An interesting period farmhouse requiring further enhancement AND a tenanted detached bungalow with grounds of just over 0.3 acres in a highly desirable village location

The sale of The Limes Farmhouse and Pantiles represents a rare opportunity to acquire both an individual period property which would benefit from some improvement together with a tenanted detached bungalow providing a strong investment element. The village of Eyke lies some 4 miles from Woodbridge on the River Deben and is well served by a primary school with a ‘Good’ Ofsted rating, a well-stocked village shop for everyday needs, a village hall which holds regular events, a well-attended church and the Elephant & Castle public house with real ales and an extensive food menu from local produce. Also of note is the nearby Unruly Pig Bistro Pub which recently voted the ‘Best Pub in Suffolk’ by the Sunday Times. The Limes Farmhouse was a tenant farm on the Rendlesham estate until the mid 20th Century and offers well-proportioned 4 bedroom accommodation which, following a programme of improvements, will offer comfortable family accommodation.

Tenure

Freehold

The 2 bedroom bungalow, Pantiles, is situated in close proximity to the rear and started life as a garage before being converted in 1979 as a granny annexe. It is currently tenanted on a 2 year AST which expires at the end of June 2017 and produces an income of £550 pcm (£6600 per annum). The overall plot size is just over 0.3 acres with dedicated garden areas for each property, a swimming pool and plenty of parking space. Opportunities of this nature rarely present themselves and we strongly advise attending one of the scheduled Open Viewings.

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating The Limes Farmhouse - F Pantiles - E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Suffolk Coastal District Council. Tel: 01394 383789

Solicitors

Fairweather Law, 16 Wentworth Road, Aldeburgh, Suffolk IP15 5BB, Ref: Mark Fairweather, Tel: 01728 454595

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.