Balfours kick the summer off with two well received drinks parties. The first at Chillington Hall, a Georgian country house near Brewood, South Staffordshire. Some 50 guests savoured the stunning architecture and décor of this Grade I listed house, with park and lake landscaped by Capability Brown. The event was kindly hosted by the Giffard family.

The second event was held at Stokesay Court where some 60 guests enjoyed the historic venue and gardens in South Shropshire. The event was kindly hosted by Caroline Magnus.

Brook House, Myddle offers many advantages of village life, including primary school, gastro pub, shop and village hall.

Chain Free House For Sale In Shropshire

This four bedroom, chain free, house is located equi- distance, some nine miles from Shrewsbury and Ellesmere beyond the village is open countryside, with opportunity for great walks. The entrance hall provides access to the living room with bay window, with open plan to the dining room and conservatory overlooking the rear garden.

The kitchen can be accessed from both the entrance hall and the dining room. It is equipped with fitted units, a pantry and links directly to the utility room. A rear entrance hall links between the utility room and shower room. There are four good sized double bedrooms on the first floor, three with extensive fitted wardrobes. The rooms are serviced by a family bathroom with shower and bath.

Agent, Charlie Giffard of Balfours comments: “This is a delightful property in a sought after village. There is a large integral garage, which with appropriate consents could become part of the living accommodation.” There is also a workshop and greenhouse, plus ample driveway space. To the rear of the house the terrace area links directly to the conservatory with the gardens beyond offering mature trees and a large lawn and, true to its name is adjacent to the brook.

Balfours are marketing Brook House with a guide price of £350,000, call 01743 353511 for more information.

For further details please visit our Property Sales Page.

Landowners could see opportunities to claim Business Property Relief (BPR) much reduced, local land agents, Balfours has warned.

Second Report Published

This month (July) the Office of Tax Simplification (OTS) published their second report on their recommendations to make Inheritance Tax (IHT) simpler, more intuitive and easier to operate.

Balfours Associate Partner, Richard Corbet, explains: “BPR has allowed Inheritance tax relief to businesses and farms that do not consist wholly or mainly of holding investments.  Case law would suggest that this means that less than people 50% of ‘a business’ should be in holding investment assets, for it to qualify for the relief.  Many farms and estate businesses have benefitted from BPR across normally non-relievable investment assets because they constitute less than 50% of the business as a whole.

“However that could change as the OTS has recommended that BPR under IHT replicates that of Capital Gains Tax for holdover relief and entrepreneur’s relief that is claimable when there is ‘substantial’ trading activity of 80% as compared with 20% of investment activity."

Currently IHT accounts for less than one per cent of the Exchequer’s receipts, yet it is administratively complex with IHT forms needing to be completed after nearly 50% of deaths, however, only five per cent of deaths will ultimately contribute to the one percent. 

Mr Corbet adds: “These remain recommendations but if actioned it is clear that opportunities to shelter investment assets will be significantly reduced, if that is the case contingency plans for many farms and estates will have to be considered.”

A unique opportunity to purchase a three bedroom home, with 11.5 acres and an abundance of buildings with a guide price of £450,000 has been launched to the market with Balfours.

Stables, Workshops, Barns And Land With Three Bedroom House

Situated near the picturesque hamlet of Great Ness, north of Shrewsbury, Fernlea is a modern house requiring refurbishment. It comes with some eight stables, kennels, barns, workshops and garages, perfect for those seeking a lifestyle with horses, other animals or even a vintage collection. The rural setting provides idyllic opportunities for hacking out, while the land, in two parcels, adjacent to the steading and close by is relatively flat and in good heart.

“This is one of those rare packages, where there is great potential. The location is just perfect, only nine miles from Shrewsbury and for many the fact that the house requires modernisation, but it is perfectly habitable will be seen as an opportunity at Fernlea,” says Alistair Hilton, head of sales at Balfours.

Currently the property provides an entrance hall with dining and living room either side, each has dual access both from the reception hall and from the kitchen, a pantry is also to be found off the kitchen with a rear hall to wc and garage. For more information call Balfours on 01743 353511.

For further details please visit our Property Sales Page.

A period terraced town house located on the link between two of Shrewsbury town’s prestigious addresses, Swan Hill and St John’s Hill is on the market.

Three Bedrooms, Quiet Town Centre Location

Grade II listed, Number Severn Cross Hill, retains its commercial façade, providing opportunity for a homework, consultation base; or as is currently, the dining room featuring cast iron fire surround and plantation shutters – offering ample natural light and alternative privacy from this quiet street.

The dining room links directly to the kitchen, with a utility to the rear and access to the walled garden with brick garden stores. One of the three bedrooms is found on the first floor with the living room and bathroom. The second floor provides another two bedrooms together with a bathroom. A generous cellar is also part of the package.

Head of sales at Balfours, Alistair Hilton, comments: “The proximity of Number Seven should not be underestimated. It is in an excellent location, not only for the town centre with its many shops, restaurants and businesses, but also within a short walk of a variety of calibre schools, the Quarry Park and River.”

Number Seven, Cross Hill is marketed with a guide price of £350,000. For more information call Balfours on 01743 353511.

For further details please visit our Property Sales Page.

This grade II listed townhouse is of generous proportions, with an annexed former consulting suite with planning permission to convert to residential accommodation.

Lavish Proportions

Walford House, Prees, dates back to the 18^th century, with all of its rooms being of well-balanced lavish proportions. The entrance hall offers access to a large living room with feature fireplace and French doors to the extensive terrace and garden. Across the hallway is the breakfast room which directly joins the kitchen. The dining room sits opposite the kitchen and benefits from French doors also to the terrace and garden. While a boot room, with wet room and wc complete the ground floor, cellars below ground provide additional storage space.

There are four bedrooms on the first floor, together with a study, a family bathroom and a separate wc. The second floor provides an additional two generous bedrooms and two very good storage spaces, together with a large shower room.

Attached to the main house is the former surgery providing an additional 1,500 square feet, enough to provide a two bedroom annex, with its own front door. In addition a large two storey outbuilding offers general storage facility. Parking for three cars is to be found, together with the west facing garden surrounded by mature borders.

Agent, This email address is being protected from spambots. You need JavaScript enabled to view it. comments: “This is a wonderful package, with many facets and therefore with tremendous potential to be maximised in so many ways. While in the heart of a peaceful residential community, there is a thriving primary school and many other assets associated with a small town, including a train station running between Mancheser and Cardiff. The town is five miles each from Whitchurch and Wem.

Walford House is marketed with a guide price of £500,000, call Balfours on 01743 353511.

For further details please visit our Property Sales Page.