Prime Essex unit on offer

2 June 2000

Prime Essex unit on offer

By Louise Rose

DIVERSIFICATION out of farming brings a 362-acre arable and residential unit on to the market in a popular part of Essex.

Brickhouse Farm, Little Dunmow, near Bishops Stortford, includes a five-bedroom listed farmhouse which with a range of traditional farm buildings, grain storage and about 25 acres Tim Fagan, Strutt & Parker has guided at offers in the region of £1.25m maintaining it is likely to appeal to a local businessman.

The remaining acreage which is all grade 2 boulder clay capable of producing winter wheat yields of at least 4.5t/acre is lotted into three and on a bare land basis is valued at just under £3000/acre.

Also in Essex, Knight Frank is selling Osea Island, south of Maldon and just under 50 miles from central London. Due to retirement the 330-acre island is for sale guided at offers in excess of £6m for the whole.

It is all part of a habitat scheme which restricts the management of the island for which an annual payment of £22,500/year is received. Further income is generated from letting out 8 cottages and some apartments in a converted village hall for holiday accommodation producing an average of over £500/month per cottage. Another £10,000/year is received for boat moorings and storage.

Also there is a 10-bedroom manor house, two airstrips, moorings and the opportunity for wildfowling.

Osea Island includes 330-acres of grassland all part of a habitat scheme and several cottages currently let for holiday accommodation.

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