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Grade II listed windmill in Kent is for sale on Zoopla for £995k

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For sail! Grade II listed windmill in Kent with original fantail and an exposed cog on the bedroom ceiling could be yours for £995k

  • Grade II listed windmill in Kent has been converted into a three-bed house and is for sale for £995k
  • The windmill has an original fantail and a large exposed cog on the ceiling of one of the bedrooms
  • Property includes a detached double garage, a two storey workshop and a well-maintained 140ft lawn

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If you’ve always dreamt of living in an unusual property, this Grade II listed windmill in Kent may fit the bill.

It has been converted into a three-bedroom home while retaining many of its glorious original features. 

Not only does it have its original fantail, the windmill also boasts a large exposed cog on the ceiling of one of the bedrooms.

The cog would have been used to help the top of the building to revolve, turning the sails in the wind.

This Grade II listed windmill in Kent has been converted into a family home and is currently on the market for £995,000

This Grade II listed windmill in Kent has been converted into a family home and is currently on the market for £995,000

The first floor boasts a balcony that wraps around the entire windmill on the first floor, boasting far-reaching views of the surrounding Kent countryside

The first floor boasts a balcony that wraps around the entire windmill on the first floor, boasting far-reaching views of the surrounding Kent countryside

Although the property has been extensively renovated, it retains several original features including its original fantail

Although the property has been extensively renovated, it retains several original features including its original fantail

On the outside, the property is finished with dark timber weather boarding, which contrasts with the original lower brick façade.

It spreads across four floors, with a kitchen and separate dining room, as well as a living room on the ground level. The first of the bedrooms is also on this level.

A second bedroom occupies the entire first floor that boasts a balcony that wraps around the entire windmill and has far-reaching views of the surrounding Kent countryside.

The unusual windmill features a large exposed cog (pictured) in the centre of a ceiling in one of the double bedrooms

The unusual windmill features a large exposed cog (pictured) in the centre of a ceiling in one of the double bedrooms

In the past, the featured cog would have been used to help the top of the building to revolve, turning the sails in the wind

In the past, the featured cog would have been used to help the top of the building to revolve, turning the sails in the wind

On the outside, the property is finished with dark timber weather boarding, which contrasts with the original lower brick façade

On the outside, the property is finished with dark timber weather boarding, which contrasts with the original lower brick façade

The cog is black, and matches the exposed beams, wooden door, skirting boards and shelving unit that are in the bedroom

The cog is black, and matches the exposed beams, wooden door, skirting boards and shelving unit that are in the bedroom

The third bedroom is on the second floor, along with stairs to the final floor that is currently used as a storage area.

There are exposed beams and two wooden framed windows complete with monkey tail handles on the second floor.

The unusual property makes it difficult to secure a mortgage and so you'll need to go to a specialist lender (scroll down for more information)

The unusual property makes it difficult to secure a mortgage and so you’ll need to go to a specialist lender (scroll down for more information) 

The property spreads across four floors, with a kitchen and separate dining room, as well as a living room (pictured) on the ground level

The property spreads across four floors, with a kitchen and separate dining room, as well as a living room (pictured) on the ground level

The windmill can be found along a track just off Bowl Road, near the village of Charing, which includes shops, a primary school and a mainline station

The windmill can be found along a track just off Bowl Road, near the village of Charing, which includes shops, a primary school and a mainline station

The estate agent suggests that it may be possible to extend the property into the workshop adjacent to the windmill

The estate agent suggests that it may be possible to extend the property into the workshop adjacent to the windmill

Well-maintained grounds surround the property, including a long 140 ft lawn (pictured) as well as a peaceful courtyard

Well-maintained grounds surround the property, including a long 140 ft lawn (pictured) as well as a peaceful courtyard

The property sits within a third of an acre and is currently on the market for £995,000 via Foundation estate agents.

The agent suggests that there may be an opportunity to extend the property into the workshop that is adjacent to the windmill, subject to planning permissions.

There is also a detached double garage and well-maintained grounds, including a 140 ft lawn and a peaceful courtyard.

The windmill can be found along a track just off Bowl Road, near the village of Charing, which includes shops, a primary school and a mainline station.

The market town of Ashford is only nine miles away and provides a high-speed rail link into London St Pancras in about 38 minutes.

I would like to buy a windmill to live in, can I secure a mortgage?

If you are looking to buy a windmill, there may be some potential financial issues to consider, particularly if you require a mortgage.

This is because windmills are unusual properties and this means that many high street lenders are unwilling to provide finance for them.

However, there are alternative lenders who are prepared to lend on such properties. 

Jonathan Harris, of mortgage broker Forensic Property Finance, explained: ‘Most high-street lenders tend to prefer to lend on buildings of standard construction – bricks and mortar with a tiled roof.

‘These lenders are concerned about resale value – whether the property will sell for what the buyer paid for it and also that there will be a big enough pool of potential buyers to purchase it. They will be guided by the valuer’s comments and many of these can be pretty conservative in their outlook.

‘If a property is highly unusual, such as a windmill or watermill, it follows that it won’t appeal to the vast majority of buyers and therefore it may be harder to sell on.

‘That said, there are a handful of specialist lenders who will consider lending on such buildings, assessing them on a case-by-case basis. A mortgage broker is a good place to start as they will know which lenders are most likely to entertain such properties, and may well end up recommending a lender that the buyer has never even heard of before.’

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Tungsten and BC Partners launch €296m industrial JV (GB)

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Tungsten Properties have signed a transformative €296m (£250m) JV funding agreement with BC Partners. The newly formed joint venture company will target single and multi-let industrial opportunities across the UK, which will range from last-mile to big box logistics warehouses with a GDV of greater than €29.6m (£25m). Tungsten Properties will act as asset and development manager for the joint venture. With a strong conviction in the underlying occupational fundamentals of the industrial warehousing sector, the joint venture has already identified a strong pipeline to initially seed the partnership.

 

Jeff Penman, managing director, Tungsten Properties said:“This is a significant step in Tungsten’s expansion strategy to continue to deliver industrial and warehouse space to create growth, jobs and investor returns. This transformational JV agreement with BC Partners will provide reliable capital to continue delivering strategically located, environmentally friendly buildings across the UK. While there is volatility in the capital markets, both Tungsten and BC Partners believe that the industrial market’s long-term fundamentals remain strong. With a fighting fund behind us, we look forward to securing further opportunities.”

 

Laurian Douin, partner, BC Partners said: “The UK industrial and warehouse sector has strong secular fundamentals. Given Tungsten’s strong track record and like-minded approach to development, we are thrilled to partner with them to jointly invest in this asset class. The joint venture intends to deliver well-located, exceptional schemes to meet occupier demand, with a particular focus on schemes’ environmental credentials in-line with BC Partners Real Estate’s commitment to ESG.”

 

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Four homes for sale with swimming pools: With price tags from £1.1m to £190k

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Owning a property with a swimming pool might seem like one of life’s luxuries that is reserved for millionaires.

But, as our pick of homes for sale with swimming pools proves, you don’t have to have a multi-million pound property to have one.

That said, you may still need deep pockets for their upkeep, which can be costly, particularly if you want to keep your swimming pool heated to a comfortable temperature.

While water shortages and hosepipe bans are hitting the headlines, a pool that is already filled with water will not draw on resources but may be forbidden from being topped up by hosepipe in the case of a ban.

Our pick of four properties for sale with swimming pools are for various budgets, ranging from £1.1million to £190,000 (scroll down for more information about the house pictured)

Our pick of four properties for sale with swimming pools are for various budgets, ranging from £1.1million to £190,000 (scroll down for more information about the house pictured)

Here, we take a look at four swimming pools at properties for those with a range of different budgets.

At the top end is a six-bedroom house in Ramsgate, Kent. with an acre of land that includes an outdoor swimming pool. It has a price tag of £1.1million.

At the other end is three-bedroom property in Ashington, Northumberland, with an empty indoor swimming pool and an asking price of only £190,000.

Daniel Copley, of Zoopla, said: ‘With Britain currently experiencing a heatwave, it’s no surprise that homes with swimming pools are proving to be increasingly popular.

‘Whether your budget is more in the deep or shallow end, some homes with pools may be more affordable than you think.

‘While the rise in energy bills will have a very real impact on those wanting to heat a pool, at this time of year a refreshing dip may be just what’s needed.’

Four properties with swimming pools… 

1. Six-bed house, Ramsgate, £1.1m

The most expensive house in our list of properties with swimming pools is this £1.1million home in Ramsgate, Kent, which is being sold by Miles & Barr estate agents

The most expensive house in our list of properties with swimming pools is this £1.1million home in Ramsgate, Kent, which is being sold by Miles & Barr estate agents

The property is called Pond Cottage and it boasts a large outdoor swimming pool that has a curved slide at the side

The property is called Pond Cottage and it boasts a large outdoor swimming pool that has a curved slide at the side

Inside the property, the entertainment facilities continue - with a cinema room that has black chairs and a red carpet

Inside the property, the entertainment facilities continue – with a cinema room that has black chairs and a red carpet

The most expensive house in our list of properties with swimming pools is this £1.1million home in Ramsgate, Kent.

It boasts more than an acre of land that includes a large outdoor swimming pool, a patio and a pool area.

The property is called Pond Cottage and it is being sold by Miles & Barr estate agents.

2. Five-bed semi-detached house, Welling, £625k

This semi-detached property in Welling, Kent, may not look like it can house a swimming pool from the front aspect

This semi-detached property in Welling, Kent, may not look like it can house a swimming pool from the front aspect

A slimline swimming pool has been added to the rear of the house and it has been covered to protect it from the elements

A slimline swimming pool has been added to the rear of the house and it has been covered to protect it from the elements

The Kent property is on the market with a price tag of £625,000 and the sale is being handled by estate agents MS Estates

The Kent property is on the market with a price tag of £625,000 and the sale is being handled by estate agents MS Estates

This semi-detached property in Welling, Kent, may not look like it can house a swimming pool from the front.

But a slimline swimming pool has been added to the rear of the house. It is on the market for £625,000 via MS Estates.

3. Five-bed house, Ripon, £450k

This three-bedroom house in Ripon, North Yorkshire, was once a barn and has been converted into a family home with a swimming pool

This three-bedroom house in Ripon, North Yorkshire, was once a barn and has been converted into a family home with a swimming pool

The curved shaped indoor swimming pool sits below wooden beams and has a separate bar area for entertaining

The curved shaped indoor swimming pool sits below wooden beams and has a separate bar area for entertaining

The barn conversion has a colourful interior and is on the market for £450,000 via Solo Property Management estate agents

The barn conversion has a colourful interior and is on the market for £450,000 via Solo Property Management estate agents

This three-bedroom barn conversion in Ripon, North Yorkshire, boasts an indoor swimming pool and bar area.

It is on the market with a price tag of £450,000 and the sale is being handled by Solo Property Management.

4. Three-bed house, Ashington, £190k

This three-bedroom house in Ashington, Northumberland, is the cheapest in our list of properties for sale with swimming pools

This three-bedroom house in Ashington, Northumberland, is the cheapest in our list of properties for sale with swimming pools

The 1930s detached property has an indoor swimming pool that isn¿t currently being used because it has been left empty

The 1930s detached property has an indoor swimming pool that isn’t currently being used because it has been left empty

The three-bedroom property is currently for sale for £190,000 and is being sold via Rook Matthews Sayer estate agents

The three-bedroom property is currently for sale for £190,000 and is being sold via Rook Matthews Sayer estate agents

This three-bedroom house in Ashington, Northumberland, is the cheapest in our list of properties for sale with swimming pools.

It is a 1930s detached property with an indoor swimming pool that isn’t currently being used as it is empty.

The property is for sale for a relatively cheap £190,000 and is being sold via Rook Matthews Sayer estate agents.

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Barwood Homes invests in Woodville resi scheme (GB)

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Harworth Group plc has completed the sale of an eight-acre land parcel at Woodville, Derbyshire to Barwood Homes for the delivery of 73 new houses. This represents Harworth’s first transaction with the Northampton-based housebuilder. The land parcel forms part of a 53-acre regeneration site which is owned by Beepart Ltd, part of Dyson Group, the Sheffield-based former manufacturer of industrial materials. Harworth is promoting the site on its behalf through a Planning Promotion Agreement. In April 2022, South Derbyshire District Council granted outline consent for the creation of up to 300 homes on the site, in addition to a c.30,000ft² local center with convenience retail and leisure amenities and over 150,000ft² of employment space for a range of uses.

 

The wider site has been unlocked by the delivery of Derbyshire County Council’s Woodville to Swadlincote Regeneration Route, which opened to traffic in December 2021, providing better access to Swadlincote and traffic relief in Woodville, as well as improved connectivity across the site. Preparation works will commence shortly for the next phases of residential and employment land sales at the development.

 

Ed Catchpole, Regional Director for Yorkshire & Central at Harworth, commented: “This sale is a fantastic start to the development at Woodville and we are pleased to welcome Barwood Homes to the site, who will deliver high-quality new housing for the local community. Our focus is now on bringing forward the rest of the development, utilising our extensive experience in the remediation of complex sites, including earthworks and infrastructure, to ready the remaining residential and employment land.”

 

Luke Simmons, Managing Director of Barwood Homes, added: “We are delighted to be working alongside Harworth on this exciting development. The team is looking forward to engaging with the local community as we gear up to deliver a scheme of excellent quality in design, build and service.”

 

Gavin Rosson, Managing Director of Dyson Group, added: “This first sale of a residential portion of the site is an important step in unlocking the full development potential of the whole, something we have been trying to achieve for many years. Such development will help regenerate Woodville and the surrounding area, somewhere we have had a presence since 1967 and are delighted to participate in.”

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