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Lower Preshaw, Upham, Hampshire

The Country House Company is delighted to have been appointed to sell this rare opportunity to create a 4 bedroom principal house and a 2 bedroom annex within the most glorious countryside between Winchester (8.8 miles) and Petersfield. An additional 1.4 acres of paddock land are included in the sale. The guide price is £995,000.

This exceptional opportunity, with full planning consent to convert a tithe barn and brick and flint stable building into a 4 bedroom residential dwelling together with an office building which has full planning to convert into a 1/2 bedroom annex (ancillary to the principal dwelling) enables a buyer to create a home to their chosen broad specification within peaceful, undulating countryside and yet convenient for Winchester (London Waterloo from 59 minutes) and a number of outstanding state and independent schools. The sale includes 1.4 acres of paddock land with further lots amounting to an additional 16.5 acres available by separate negotiation.

The buildings are currently set around a stable yard and graveled driveway. To the top of the site is the tithe barn and attached to this, the brick and flint stable building. It is from these two buildings that the 4 bedroom principal dwelling will be created. Going forward towards the lane there is a portal frame barn and at the front of the site, an office building with consent for conversion to an annex. There are some further stables and garaging attached to the north western side of the office building. The paddock land within the sale is almost directly behind the tithe barn and amounts to approximately 1.4 acres. Lot 2 amounts to 5.8 acres and is to the south of this paddock and Lot 3, some 10.71 acres, is beyond that. All of the paddock land has post and rail fencing and there are various shelter belts.

Planning consent ref: SDNP/16/03644/FUL can be seen at
http://planningpublicaccess.southdowns.gov.uk

For a viewing please call Patrick on 02392 632275.

The Country House Company is delighted to have been appointed to sell this 5 bedroom, detached family village house with the added feature of a paddock and stables in this delightful Meon Valley village. The guide price is £1,150,000.

One of only a small number of detached, 5 bedroom houses in the village, this house is characterised by excellent entertaining space, an abundance of natural light and a delightful south facing garden which leads to a paddock. The sight line on entering the house is an appealing introduction as it draws one to the wonderfully light dining room, drawing room and garden beyond. A family room, study, kitchen/breakfast room and utility/boot room/cloakroom complete the accommodation on the ground floor.

The first floor features a master suite of bathroom and dressing area with built in wardrobes, together with 4 further double bedrooms and a family bathroom. Three of the bedrooms overlook the garden and up towards the back drop of Speltham Hill.

To the front of the house there is extensive off street parking on the gravelled driveway that extends up beside the house and on to the stable block of two stables, tack room and hay store. On the way, there is a covered car port. The gardens are mainly lawn but with beautifully stocked beds, stone terraces and a variety of trees such as ash, oak and cherry. Beyond the garden and to the east is the paddock which is bordered by post and rail fencing.

For a viewing please call Patrick on 02392 632275.

Have you got holiday lets on your farm or have you converted your redundant farm buildings to residential units? Are they let out as an Assured Shorthold Tenancy (AST) to good long term tenants or are you restricted, perhaps because of planning in for example the South Downs National Park, to holiday lets? Are they bringing in the return you expected? If not then why not consider Short Term Lets for say 3 – 6 months infill?

WA Short Term Let could be a sensible way to increase bookings, income and occupancy; it could reduce your overheads and balance the expenditure of loans and business tax, it could also reduce some of the day to day hassle of changeovers etc and allow you to relax for the difficult off peak period and increase your yield on the property.

If your planning permissions allow a Short Term Let and you consider it a sensible option, it ought to be arranged by a professional agent who has Association of Residential Lettings Agents (ARLA) and / or Royal Institute of Chartered Surveyors (RICS) qualifications in order to help avoid various pitfalls. You should consider, for example, whether the deposit needs registering, how the rent is to be paid and whether any money is to be paid up front, credit referencing is important and checks must be made to ensure you are complying with recent changes in Right to Rent and Money Laundering legislation, you would also need to be aware that a Section 21 notice may need to be served to end the tenancy.

Some of the online services currently available such as Air bnb are tempting. However again there are pitfalls, for example you cannot simply extend their stay as it will legally be construed as an AST or perhaps a Contractual Residential Tenancy (CRT) for which you need a legal framework in place to protect against potential problems. Changes in legislation are frequent and it is muted by ARLA and RICS that legislation will be amended again in the Autumn Statement or March Budget, so it is important to have access to professional advice.

The advantages of a Short Term Let can be considerable if you use a professional agent. The Country House Company is a member of ARLA and RICS, has had over 20 years experience in short and long term lettings across the region and would be happy to help. As the circumstances vary from property to property we appreciate the importance of an individual service and are happy to visit a property free of charge to explore its financial potential.

For further details or arrange a visit please contact Sue Crossley or Kate Morton on 02392 632275.