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Rosebud Freehold

£995,000 o.n.o.

Details

  • £995,000 o.n.o.
  • Freehold with 3 open market properties
  • Location: Central
  • Date Available: Immediately
  • Market: Open Market

Property Description

A unique chance to purchase one of the most iconic freeholds on the Island of Sark.  This freehold has a large, detached house and two semi-detached properties centrally situated along a leafy lane at the top of Stocks Meadow beside Le Manoir, the original seat of the Seigneurs of Sark.  This presents a fantastic opportunity to purchase and renovate your own home, or to invest in all three open market properties to develop and sell on any of the plots following land reform in Sark in 2021.  These changes to the island’s land system now means that tenements and existing freeholds can be split further than their current boundaries which had been previously prohibited.

The plot boundaries are shown within the solid red outline; the entire freehold is approximately 946m² and located centrally on the Island of Sark.  The existing properties are south facing, with access to the house and cottages from Mill Lane, one of Sark’s principal thoroughfares.

Rose Cottage, the largest of the properties, is located to the east of the plot closest to Le Manoir, whilst the two semi-detached cottages, Rosebud and Rosebud Cottage are located to the west of the principal house and are set back from the lane.  The three plots provide scope for development with the established gardens potentially offering privacy from the road.

Rosebud freehold has mains electricity, LPG gas bottles for cooking, water catchment for all three properties, and two sealed sewage units.

Lease Term:  Freehold.

Ground Rent: None.

Property Tax: £914.50 per annum at the 2022 rate of £15.50 per quarter for the detached house known as Rosebud.  The measurements of the property equate to 59 quarters: 56 quarters for the house and 3 quarters for the outbuildings.  £558.00 per annum at the 2022 rate of £15.50 per quarter for the easterly semi-detached house known as Rosebud Cottage.  The measurements of the property equate to 36 quarters.  £465.00 per annum at the 2022 rate of £15.50 per quarter for the westerly semi-detached house known as Rosebud Cottage.  The measurements of the property equate to 30 quarters: 28 quarters for the cottage and 2 quarters for the outbuildings.

Viewing: Strictly by appointment only through Sark Estate Agents as the Vendor’s sole agents.

Possession: By arrangement.

Price: £995,000 o.n.o.

These details are the property of Sark Estate Agents Ltd and are not for reproduction without permission; they are issued on the implicit understanding that all negotiations concerning this property are conducted through this Agency and whilst care is taken in setting out these details we do not guarantee their accuracy, nor do they form a contract or any part thereof.

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