Slice of rural luxury amid factories is buyers’ lot
NO MATTER how big and beautiful it might be, most people would think twice about buying a house in the middle of a trading estate.
That is why the sale of a six-bedroom farmhouse situated in the middle of South Marston Industrial Estate for around half a million pounds has come as such a surprise.
Hunts Copse Farm, which grabbed headlines around the world, sold for well above the £395,000 guide price just days before it was due to go under the hammer earlier this month.
Andrew Stibbard, commercial surveyor at Cotswold estate and land agents, Moore Allen and Innocent, who handled the sale, said the property had been bought by a family and would be well taken care of.
He said: “It’s good we sold it. We were expecting it to go for more, although we didn’t know where it was going to go exactly.
“Going to auction is always fun but we weren’t disappointed not to go to auction, and the client was happy.”
About 10 days before the planned auction sale on August 15 the farmhouse was withdrawn after a last-minute offer from a private client which the vendor, property investor Kindale, accepted.
This was not before the uniquely located property had made national headlines.
Andrew said: “We were extremely surprised about the amount of exposure we got because it was in the Daily Mail, The Mirror, The Sun, The Times, Metro and the Telegraph.
“We were really happy with that.”
Andrew said the sellers were delighted with the result and surprised by how famous the property had become, while the new owners were pleased to have bought themselves a bargain.
“It’s going to a family and I think it will be quite well looked after,” he said.
“It’s surprisingly quiet here on a weekday, and at the weekend you’d have the place to yourself. Where else are you going to pick up a six-bedroom period house for the price?”
In a village situation, the Grade II listed farmhouse, parts of which date back to around 1700, would have been worth £1.5m or more, but the unique location of the property affected the selling value.
Packed with period features and nestled in a two-acre garden, the property was once the hub of a 370-acre farm before the industrial estate developed around it.
At the beginning of the Second World War the Ministry of Aircraft Production built a factory and airstrip nearby, and the industrialisation of the area continued throughout the 20th century, notably with the arrival of Honda’s UK manufacturing plant in 1985.
More recently, B&Q built its national distribution centre – the size of 20 football pitches – nearby.
Since 1990 the building has been used as offices, and it is thought the buyers will convert it back into a residential dwelling.
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