Wylam, Northumberland Land for sale

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Wylam, Northumberland Land for sale

Wylam, Northumberland
£395,000

Our Summary

  • Development Overage The Property is subject to an overage clause, whereby 50% of any increase in value of the property from the grant and implementation of planning permission for Residential or Commercial development over and above the existing Use of the Property

Description

This 60-acre property, situated along the River Tyne in Northumberland, offers a unique opportunity to acquire a block of land with fishing rights. The property straddles the Newcastle and Carlisle Railway Line, with the majority of the land lying to the south and accessed from Crawcrook Lane. The land to the north of the railway forms the river bank and is accessed on foot along Keelman's Way Byway. The property includes a mix of grassland, woodland, and previously quarried land, with a portion of the land to the east being previously restored. The purchaser will benefit from the fishing rights along the River Tyne, which are included in the sale. The property is being sold as a whole by private treaty, with the freehold interest being offered subject to a farm business tenancy expiring in 2026. The property is not located within a Nitrate Vulnerable Zone and is subject to an overage clause and a 12-month disposal restriction. The property is also subject to several public footpaths and is registered as Common Land under the Countryside and Rights of Way Act 2000.
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