Property focus: This nearly 400-acre property with an ironstone farmhouse near Banbury offers an 'exciting development opportunity'
This photo gallery is part of a regular column that focuses on stunning houses for sale in the Banbury area
A property over nearly 400 acres with an ironstone farmhouse set on the Oxfordshire and Northamptonshire border has come on the market offering an 'exciting development opportunity.'
The property called Sutton Lodge Farm, an arable farm of nearly 394 acres, is for sale between the villages of King's Sutton and Middleton Cheney near Banbury
Estate agents Savills Banbury who have listed the property said: "At the heart of the property is a 4,200 sq ft ironstone farmhouse. The building which until recently was used as offices, has the potential to be transformed into a substantial family home, with change of use already consented.
"To the rear of the farmhouse are a range of traditional farm buildings set around a courtyard. Also within the courtyard and adjoining the farmhouse is a two bedroom cottage that is currently let.
"Further potential can be found set away from the farmhouse and other buildings. Known as Sutton Lodge Cottage, the 2,070 sq ft house is in need of complete renovation or replacement.
"The ring-fenced land is predominantly arable, farmed under rotation by a local business for a number of years. Its fields are suited to modern machinery and bordered by mature hedges and beetle banks. There is also pasture, woodland and an area of grassland.
It has a guide price of £4,700,000 and is on the market with Savills Banbury. They can be reached at Savills Banbury, 36 S Bar St, Banbury OX16 9AE. To contact them call agent Philip Hoare at 01295 228 055.
Or click here to view the property online: https://search.savills.com/property-detail/gbbarabar210002
Philip Hoare, who is marketing the property for Savills, said: “Boasting an extensive range of buildings, Sutton Lodge Farm combines interesting development opportunities with a good arable farm in a beautiful rural location between the villages of King’s Sutton and Middleton Cheney. The south-facing farmhouse at its centre could become a handsome family home, while the cottage and farm buildings have great potential for a number of different uses.”