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 2 Walmsgate Estate

Residential Property

There are three residential properties included within Lot Two, as listed below. These are set back from the A16 with access down a shared drive. Two of these are let on Assured Shorthold Tenancies with one let on a Rent Agriculture Act Tenancy. The cottages provide a total income of £19,800 per annum.

Adjacent to the residential properties with its own separate access is the Woodyard. This is a attractive double storey traditional building constructed from red brick and a pan tile roof. It could provide a range of alternative uses subject to planning permission being obtained.

Agricultural Land

The Agricultural land runs to the east from the A16 and is in a ring fenced block, the land extends in total to 570.06 acres (230.70 hectares), the arable land extends to 468.91 acres (189.76 hectares). Access to southern block can be taken from Pinfold Lane.

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 the Andover 1 soil series. The Andover 1 soils are described as shallow well drained calcareous silty soils over chalk on slopes and crests. Deep calcareous and non-calcareous fine silty soils in valley bottoms. These soils are suitable for growing of cereals, sugar beet and potatoes.

There is an area of pasture with a pond and spinney to the south of Dark Lane extending to approximately 26.76 acres (10.83 hectares). This is let on a grazing licence to a grazier with a copy of this agreement available in the data room.

The land is divided by tree belts with the woodland across Lot 2 extending to 66.56 acres (26.94 hectares). This enhances the amenity appeal with rolling topography and large field sizes, suitable for modern farming practices.

Farm Buildings

Brook farmyard lies on the northern boundary of the estate to the east of Burwell village. The buildings include a range of three Dutch barns (314 sq m) comprising a grain store with six 30 tonne grain bins, reception pit and handling equipment, steel frame pole barn with corrugated iron roof and part cladding, steel framed ex crew yard (344 sq m), traditional 7 bay implement store (158 sq m) of brick under slate roof, redundant range of traditional brick and pantile buildings (185 sq m). These traditional buildings do offer scope for conversion to residential or commercial premises, subject to planning permission being obtained.

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:
570.06 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