Property for sale

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Property for sale

Land At Old Town Farm, Otterburn, Newcastle Upon Tyne, NE19
£625,000

Our Summary

  • The popular market town of Hexham is approximately 20 miles to the south and also includes the well attended Hexham Auction Mart
  • There is the potential to explore capital generating schemes under the new Sustainable Farming Incentive (SFI)
  • This land also provides an excellent investment opportunity including biodiversity net gain

Description

This is a rare opportunity to acquire a substantial block of land extending to approximately 176.61 acres, located just south of the village of Otterburn, off the A68. The property is predominantly made up of grade 5 permanent grassland, with two blocks of woodland, and has been used for sheep and cattle grazing. The land is not subject to any environmental schemes, and the sporting and mineral rights are included in the sale. The property is accessible from the A68, with a hardcore gateway for vehicles. The land is classified as being within the Severely Disadvantaged Less Favoured Area, and there is an existing water pipe easement over the land that supplies a third-party property. Viewings are allowed by appointment only, and the property is being sold subject to and with the benefit of all rights of way, water, drainage, watercourses, light, and other easements.
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