Spindles Farm buyer found but most shied away from notorious address
The sale of horror property Spindles Farm has still not gone ahead, seven months after being put on the market.
A local man made an offer for the entire farm — which is for sale in four lots — and it has been accepted.
But because James Gray was declared bankrupt in April, Peter Smith, a chartered accountant for property agents PJSA, who are handling the sale, says it is taking longer than usual to progress.
“The buyer is being incredibly patient,” he added.
Mr Smith also told a local newpaper that there had not been much interest in the 40-acre farm and five-bedroomed farmhouse.
He said: “There wasn’t a vast amount of interest. There was enough to make it a competitive market but there wasn’t a great deal to be honest.
“It’s been let go quite badly. The buildings are fairly dilapidated and the house isn’t in a fantastic condition.”
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The planned HS2 high speed rail line is also set to go underneath the farm in a tunnel.
- See today’s H&H for how the planned HS2 link will affect equestrianism in the Buckinghamshire, Warwickshire and Oxfordshire area.
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A self-confessed newshound, farmer’s daughter and journalist of many years' experience, Charlotte worked on regional papers before joining H&H in 2007. A regular rider, she visited Ireland in 2010 to investigate the fate of Irish horses through the recession, to much acclaim, and reported from the FEI General Assembly in Rio de Janeiro in 2011. She left Horse & Hound in March 2013.