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£500,000

Springfield Farm, Wakefield, WF2

  • 2 beds
Other

£500,000

  • 2 beds
Other
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Estimate monthly mortgage payment:

£2,283 per month

Minimum deposit amount:

£25,000
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FOR SALE BY PUBLIC AUCTION - WEDNESDAY 16TH JULY 2025

A rare opportunity to purchase a ringfenced smallholding on the outskirts of Wakefield extending in all to 12.28 acres (4.97 hectares) or thereabouts. The land has historically been market garden land but would also be suitable for either agricultural or equestrian use.

The farmhouse, whilst requiring a complete scheme of renovation, has tremendous scope for expansion (subject to planning).

Comprising a detached rendered red brick dwelling, the farmhouse has the benefit of a front entrance hallway, living room and kitchen to the ground floor. The first floor comprises two double bedroom and family bathroom.

The land surrounds the farmhouse and extends to 12.28 acres. Previously separated into two parcels access is available direct from the highway, both through the farm house track and separately in the northern field.

The sale of the property will be subject to an overage provision, whereby the Vendor reserves 30% of any uplift in value for a period of 40 years as a result of obtaining planning permission for alternative uses. The overage does not include the erection of buildings for agricultural or equestrian use nor the rebuilding or extension of the existing dwelling.

The land is offered for sale by Public Auction being conducted on Wednesday 16thJuly 2025 at Silkstone Golf Course, Elmhirst Lane, Silkstone, Barnsley, South Yorkshire S75 4LD.

The successful purchaser will be required to sign the sale contract and pay a deposit of 10% of the hammer price, immediately following the sale to the Vendor’s agents. Completion of the contract will be 28 days thereafter.

In addition to the purchase price, the Purchasers shall make a payment towards the Vendor’s Solicitors costs in the sum of £1,000 plus VAT and a payment towards the Agents/Auctioneers cost of £1,000 plus VAT.

Purchasers are required to register their interest prior to the auction.

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£2,283 per month
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£3,750
Mortgage and legal costs:
£999
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