Land for sale in Walmsgate, Louth, Lincolnshire LN11

An extremely rare opportunity to acquire a historic, residential and farming estate set in the heart of the beautiful Lincolnshire Wolds.

Description
Lot 1

Residential Property

Low Farm is the principal dwelling on the estate, situated at its heart in an elevated position with far reaching views over the rolling countryside in all directions. The property is set in around 10 acres of gardens and grounds and is approached by its own private, hard surfaced driveway leading through the estate from both north and south directions.

Over the years the house has been modified and extended and forms a very private comfortable family house extending to approximately 5,926 sq ft (551 sq m). The house is a well presented five bedroom family home with plentiful living accommodation, adjoining garages / outbuildings and stores. There is underfloor heating on the ground floor, an indoor swimming pool and changing facilities. The property is surrounded by extensive lawns and a belt of mature trees with open countryside beyond.

The property is not listed and offers the opportunity for alterations and extensions, subject to the relevant planning permissions being obtained. Vacant possession shall be provided on completion of the sale.

The Mill Farmhouse is a period property that is currently let on a Common Law Tenancy. The property extends across two floors and has been maintained in a good condition. Recently the property has been rewired, with redecoration across a number of rooms. There is a delightful garden wrapping round the property which also includes a tennis court.

Adjoining this is Ketsby Water Mill, which, subject to the relevant planning permission being obtained, could be converted to a range of alternative uses. Beyond the farmhouse is a beautiful lake, that until recently was let to an angling club, this lease has now come to an end. It offers the opportunity for a number of potential uses including, establishing a leisure business, reletting to an angling club or retaining for personal use.

There are a further four cottages included within Lot 1. These vary in condition, with three let on Assured Shorthold Tenancies and one Rent Act Tenancy. Mill Cottage lies adjacent to Mill Farmhouse while Lavender Cottage lies to the north; Gardeners Cottage and Game Keepers Lodge are accessed directly from the A16.

Agricultural Land

The land across Lot 1 extends in total to 1,257.88 acres (509.06 hectares) with 1,082.19 acres (437.96 hectares) of productive arable land alongside parkland where Walmsgate Hall was once located. The land benefits from excellent infrastructure with well maintained farm tracks running through the estate. The land slopes down from the A16 to Walmsgate Carr and then rises from here up to the Bluestone Heath Road.

The land is classified by the Agricultural Land Classification of England and Wales as being Grade 2 and 3. The Soil Survey of England and Wales classes the soils as coming under Andover 1 and Wickham 2 soil series. The Andover 1 soils are described as shallow well drained calcareous silty soils over chalk on slopes and crests. With deep calcareous and non-calcareous fine silty soils in valley bottoms. These soils are suitable for growing of cereals, sugar beet and potatoes.

The Wickham 2 soils are described as slowly permeable seasonally waterlogged fine loamy over clayey, fine silty over clayey and clayey soils. These soils are suitable for growing of winter cereals and grassland. The fields are of a commercial size suited to modern farming methods. The topography of the land is undulating, allowing the land to be free draining.

The land has grown a variety of crops, with the free draining soils allowing good establishment for winter cereals. There is a Mid Tier Stewardship agreement running across the land that shall terminate on 31st December 2027. A copy of this is available in the data room.

The parkland extends to 56.97 acres (23.06 hectares), which has historically been grazed by livestock. There are a further 85.23 acres (34.49 hectares) of woodland. The woodland and rolling topography provide an opportunity to create a fantastic shoot across the estate, with the sporting rights across part of it currently let our under licence until 1st February 2025.

Agricultural Buildings

Included within Lot 1 are three farmyards, Low Farm buildings, Ketsby House Farm and Manor Farm. Ketsby House Farm is located towards the southern portion of the estate accessed by a hard surfaced road leading from Ketsby village. The buildings here include a 4,000 tonne on floor grain store of steel portal frame construction with concrete panels under fibre reinforced cement roof. Adjacent to this is a two bay modern steel framed building with grain walling and
concrete flooring. Presently, it is used for machinery storage, but could also be used to store harvested crops. A general purpose building extending to approximately (477 sq m), portal frame construction and two side extensions of solid brickwork, clad in fibre cement sheeting.

Manor Farmyard lies directly off the A16 and comprises three principal farm buildings. There is a continuous flow drying system in one of the sheds with bins and a conveyor system leading to a further shed. We understand these buildings as a whole provide approximately 2,000 tonnes of grain storage.

Location
The Estate is located about 6 miles southeast of Louth, 13 miles east of Horncastle and 31 miles east of the City of Lincoln.

The majority of the land is bordered by the settlements of Burwell, Walmsgate and Ketsby. Louth, Horncastle and Lincoln offering a full range of amenities including supermarkets, schools, restaurants and sports facilities. Railway connections can be found in Lincoln. To the north is Humberside Airport and the Port of Hull which offer international connections for air and ferry passengers.

Disclaimer: All journey times and distances are approximate.

Acreage:
1257.88 Acres

Directions
The Estate is easily accessed from the network of public highways. The principal access to Low Farm is from the private driveway from the north of the property leading directly off the A16. There is also access from the south of the estate via
the hard surfaced road from Ketsby village to the east.

Nearest Postcode: LN11 8QN

what3words location: ///stitch.willing.embellish

Additional Info
Photographs taken: July 2021 & Particulars prepared: July 2024