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Mill House, Spout Lane, Wennington, LA2 8NX - Image 1
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Mill House, Spout Lane, Wennington, LA2 8NX

North West

£1,050,000

Listed on 01/01/2023

The listing

Property details

Bedrooms
N/A
Type
Plot

Description

This property presents a unique opportunity for renovation and investment, located within the tranquil countryside. The existing structures comprise a collection of derelict farm buildings, including a historic mill and stable, which are designated as Grade II listed features of a model farm established in 1845 by W A F Saunders at Wennington Hall. Planning consent was granted by Lancaster City Council on March 6, 2020 (reference: 19/00887/FUL) to facilitate the transformation of these buildings into a contemporary residential dwelling. The envisaged renovation will maintain the architectural integrity of the original structures while introducing modern living spaces. Plans include the conversion of the main Mill House into a spacious six-bedroom residence, alongside an innovative leisure complex featuring a swimming pool and sauna, all designed to harmonize with the surrounding landscape through minimal visual impact. In addition to the primary residence, there is significant potential to develop two guest apartments in the converted stable crew yard, providing additional income opportunities or accommodation for staff. The proposed guest facilities will feature flexible layouts with two to three bedrooms, ideal for short-term rentals or extended family stays. The project aims to uphold high-quality design principles throughout, combining restoration with thoughtful extensions that cater to modern family needs without compromising the character of the original farm buildings. With ample outdoor space and scenic surroundings, this property could become an attractive destination for families or holidaymakers seeking rural retreat experiences. Current services include mains electricity and water supply, with B4RN hyperfast broadband and mains gas available nearby. Prospective buyers are encouraged to explore these options further as they consider this property’s potential for revitalization and growth in value.

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Map

Location

Mill House, Spout Lane, Wennington, LA2 8NX
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,967
Based on a loan of £787,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

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Indicative tax based on the asking price and the options you select.

This calculation uses non-residential (land/commercial) tax rates.

Pricing

Price history

-19.2% since listed
£1,050,000£250,000(-19.2%)
06/09/2023
Current price
£1,300,000Initial listing
31/12/2022

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