Overview
- Updated On:
- May 17, 2023
Description
Woodgate Farm Oast
Borden, Kent
£1.7m
Summary
Incredible opportunity, up to three income streams, with fantastic returns
Potentially one or two gigantic luxury properties
Wonderful location
See the video tour here – https://clipchamp.com/watch/VKLuU4fBzkN
Key Features
GDV £3m
Up to 25% ROI
Outstanding opportunity
Substantial 11-bedroom property
Opportunity to convert into flats, or holiday lets
Stunning home and business
Large garden
Beautifully presented
Fantastic location
Successful business
Opportunity
Woodgate Oast House is currently used as a four-bedroom house, separate seven-bedroom guest accommodation and self-contained commercial office space
This stunning property can be used purely for commercial purposes or subject to a change of use application could be used as one or two residential dwellings
Location
Woodgate Farm Oast benefits from an elevated position and a large garden, offering delightful views across the countryside
The secluded location, close to the village of Borden is three miles from Sittingbourne, ten miles from Maidstone and less than 20 miles from Canterbury
With incredibly easy access to the M2 and the ‘High Speed Rail Network’ make this property perfect for holiday makers and commuters alike
Borden sits a couple of miles north of the Kent Downs AONB, the village is surrounded by pretty quaint villages, offering a wide selection of pubs and walks
Internal Details
The property is currently divided into three, ‘Woodgate Farm Oast’, the ‘Hop House’ and the ‘Office’
Woodgate Farm Oast is currently used as the residential dwelling, it is a stunning four-bedroom property, with a breath-taking dual aspect lounge and dining room.
Woodgate Farm Oast can easily be converted into a six- or seven-bedroom property, with minimal work required
The Hop House is currently used for guest accomodation, the versatile property can be let out as a two-bedroom, a five-bedroom or a seven-bedroom holiday let
The 50 square metre office has a private access via the garden
Please see the floorplans for further information
External Details
Parking for up to eight cars at the front of the property
The circa one-acre plot is currently divided into three sections at the rear
Further car parking could easily be offered to the side of the property
There are a number of outbuildings in the garden
Please see the floorplans with the plot for further information
Fixtures & Fittings
All fixtures and fittings are subject to negotiation
Development Opportunity
Woodgate Farm Oast has been designed with further development options in mind
The property can be manipulated into different configurations with minimal alternations, please see the attached floorplans representing some of the options
Financial
The single holiday let achieved a rental income in 2022 of £107,924 from 35 guests, equalling 47% occupancy
The office generates an income of £16,500
Where the whole property or indeed both properties used for holiday lets, the total income could comfortably reach over £200,000
Tenure
Nationwide Business Sales are delighted to offer this incredible opportunity to the market at £1.7m
Our clients are willing to consider offers that are subject to planning
The potential GDV of the property converted into dwellings on separate titles is in the region of £3m
