Rent minefield.

[Wellytrack]

I presume from the description that this is a grass farm.
It has a relatively short grazing season due to the risk of waterlogging, so normally at least a 6 month winter.
150 acres as a stand alone unit will be difficult to make a living from, so is the OP looking at it as a part time operation with additional income from other work?
The OP doesn't say if he has a wife/partner who may need to find other work off the farm. Is the house of a good enough potential quality to live in comfortably without spending a fortune on heating. EPC has already been mentioned.
Does it have high speed broadband.

Down in the south the house is worth £1500 a month and the land probably around £60 an acre if all grass.
So £27k rent.

Ideal situation seems to be farm down south and live in a tent. Just not from October to April obvs.

 

[gone up the hill]

Never cease to be amazed at regional variations. A good house to rent here (N.I) would be £600 per month.

Land without buildings or entitlement 150-350 per acre depending on its intended use.

Even land just let for two cuts makes £200.

A three bed town house here will be £1000/1200 month now ( and that is if you can actually find one to rent ).

Farmhouse's that are rented out are mostly all over £1500 a month, many £2000/3000 month and then you wont find many to rent at that price.

Average wage here is something like £22K a year.

Something will have to give before long!

 

[gone up the hill]

I presume from the description that this is a grass farm.
It has a relatively short grazing season due to the risk of waterlogging, so normally at least a 6 month winter.
150 acres as a stand alone unit will be difficult to make a living from, so is the OP looking at it as a part time operation with additional income from other work?
The OP doesn't say if he has a wife/partner who may need to find other work off the farm. Is the house of a good enough potential quality to live in comfortably without spending a fortune on heating. EPC has already been mentioned.
Does it have high speed broadband.

Down in the south the house is worth £1500 a month and the land probably around £60 an acre if all grass.
So £27k rent.

So £180 acre a month rent!

What beef or sheep system is going to return enough profit to cover costs and pay that sort of rent??

 

[Wellytrack]

A three bed town house here will be £1000/1200 month now ( and that is if you can actually find one to rent ).

Farmhouse's that are rented out are mostly all over £1500 a month, many £2000/3000 month and then you wont find many to rent at that price.

Average wage here is something like £22K a year.

Something will have to give before long!

Loads of draughty mouldy farmhouses are barely worth £100 a week.

 

[Frank-the-Wool]

So £180 acre a month rent!

What beef or sheep system is going to return enough profit to cover costs and pay that sort of rent??

Exactly my point, unless the OP or his partner have another income stream. a 150 acre livestock farm is very much a part time business now.

 

[gone up the hill]

Loads of draughty mouldy farmhouses are barely worth £100 a week.

Job Ad on FB the other week looking for a dairy worker, you had to live on farm in a mobile home as you would be responsible for checking calving cows late at night ( even on your days off )

Farmer said you can have it cheap... At £100 week + Elec etc and to top all that off it was a sh!t pit and not even good enough for the farm dog and situated between a very large slurry pit and silage clamp in the middle of the yard!

 

[gone up the hill]

Exactly my point, unless the OP or his partner have another income stream. a 150 acre livestock farm is very much a part time business now.

150 acre rented grass farm certainly is a part time business now!

But if you have arable/ rear/finish stock intensively etc then perhaps not!

Only problem now with part time farming is the massive amount of time wasted on pointless paperwork/ RT rubbish etc which can take up more time on a small farm than actually doing the actual work in the farmyard/ fields!

 

[Skintagain]

What sort of rents are people paying when £150 per acre for 150 acre fairs too much?

150 acre gives a nice amount of time for a sideline job on farm making shepherds huts etc

 

[gone up the hill]

What sort of rents are people paying when £150 per acre for 150 acre fairs too much?

150 acre gives a nice amount of time for a sideline job on farm making shepherds huts etc

Chap on another thread the other day claimed he could bed cattle on straw that will only cost 0.06p head a day!..

So he reckons he can bed 500 cattle on just one single 330 kilo bale of straw per day.... utter nonsense!

Some have no idea or their head in the sand ( the latter as they are so keen to farm ) when it comes to actual costs!

 

[Skintagain]

Chap on another thread the other day claimed he could bed cattle on straw that will only cost 0.06p head a day!..

So he reckons he can bed 500 cattle on just one single 330 kilo bale of straw per day.... utter nonsense!

Some have no idea or their head in the sand ( the latter as they are so keen to farm ) when it comes to actual costs!

So is £150 dear or not Guthrie?

 

[gone up the hill]

So is £150 dear or not Guthrie?

Yes if your renting it but not if your letting it..

And that is the big problem!

 

[Fake it ‘til you make it]

150 acre rented grass farm certainly is a part time business now!

But if you have arable/ rear/finish stock intensively etc then perhaps not!

Only problem now with part time farming is the massive amount of time wasted on pointless paperwork/ RT rubbish etc which can take up more time on a small farm than actually doing the actual work in the farmyard/ fields!

Plus on a small patch, fixed costs are spread across less acres/ animals. Once you get to a certain size, you’ll want a quad, trailer, handling system etc, whether you’re running 100 ewes or 1,000.

 

[Spencer]

Plus on a small patch, fixed costs are spread across less acres/ animals. Once you get to a certain size, you’ll want a quad, trailer, handling system etc, whether you’re running 100 ewes or 1,000.

I would have thought you might need a quad and or a trailer running a sheep enterprise over 150 acres

 

[Fake it ‘til you make it]

I would have thought you might need a quad and or a trailer running a sheep enterprise over 150 acres

Agreed, that’s my point. If the depreciation cost on that kit is for example £600/ year, then that represents a cost of £1/ ewe/ year if you have 600 ewes, 50p/ ewe per year if you have 1,200 ewes, or £10/ ewe per year if you have 60.

 

[ajcc]

£10k is it’s worth to a stand alone farmer.

 

[egbert]

How big is the house?
How 'nice' a location is it?
Has it got good internet?

There may well be a mess of people who'd rent it at your £150/acre just for the house, to work from home.

I would forget the earning potential of the land, but some of them might be thinking all that land would make a nice profit as well...better put something on top for it.


@Frank-the-Wool is likely on the money

 

[hally]

Just to revisit this again. Sat next to a farmer at the auction on monday who farms near to this farm ( if its the one I think it is) and he said they are wanting £300 for it.

 

[Wellytrack]

Just to revisit this again. Sat next to a farmer at the auction on monday who farms near to this farm ( if its the one I think it is) and he said they are wanting £300 for it.

Bargain!

Delete your post and get it sorted!

 

[Spud]

I imagine there would plenty of (farmers) that would pay £300

Are they not skilled in the basic operation of a calculator?

 

[hally]

Bargain!

Delete your post and get it sorted!

I was only posting out of courtesy, i have got it all signed up already....
Good job stock and machinery is cheap at the moment