Scarce Opportunity to Purchase Quality Land in County Durham1st September 2017
We have recently brought to the market three parcels of land across County Durham suitable for a variety of uses. With land currently in short supply, each of these lots presents an excellent opportunity for local farmers and equestrian users. Included is 48 acres of arable and grassland at Ferryhill, 25 acres of quality grassland at Crook and 11 acres of grassland at Waterhouses.
Located at Ferryhill, over 48 acres of productive arable and grassland is being offered for sale. This sizeable parcel is accessible, with road frontage to the A167. This is a rare opportunity for farmers looking to extend their enterprise with very few blocks of land like this being brought to the market. For sale by Informal Tender, the land is being offered either as a whole or in two lots. Lot 1 which includes 31 acres of arable land and permanent grass is priced at £185,000 and Lot 2 which includes 17 acres of arable land is priced at £100,000. As a whole, the land is priced at £285,000. Closing date for tender applications is 5pm on Friday 22nd September 2017.
Currently utilised as quality grazing land, 25 acres of land is offered for sale just half a mile east of Crook town centre. This block of land has the potential to partly return to its former use of arable cropping, however would also be ideal for an equestrian set up. The land benefits from good roadside access and mains water supply. This property is for sale by Private Treaty with a guide price of £125,000.
Also being offered for sale by Private Treaty, with a guide price of £95,000, is a ring-fenced block of grassland at Waterhouses, situated within the Deerness Valley. Spanning over 11 acres, the sale also includes a partly constructed stone lodge and also has planning granted for the creation of a still water fishery including a lake, fish breeding tanks, car parking and landscaping. The stone lodge has the potential to be converted for other uses, subject to relevant planning consents.
Commenting on the launch of these land sales, Tim Sedgewick of H&H Land and Property said: “The north east is currently experiencing a shortage of land supply in comparison to demand from investors, lifestyle buyers and the farming industry and so we are expecting all three properties to be popular.”