
Hello, from me in the Peak District too.
Re start up costs ....well, depends on whether you buy registered stock, and new or secondhand equpment .....whether you need to fence the land etc. Whichever option you take, it does take money to start up, and then maintain everything.
For me, feed and haylage are a big drain on my resources in winter, and then there are worming, shearing, the never ending vet bills.
I have to be honest here, and say I have resigned myself to being a hobby farmer, because I cannot make a living out of a smallholding - my outgoings far outweigh my profit on anything I sell.
Good luck with you hunt for a smallholding, and I hope its a success for you!!