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5 bedroom farm house for sale
South Farm, Blaydon NE21
£2,730,000
South Farm, Blaydon NE21
£2,730,000
Our Summary
- South Farm is an established mixed farm that benefits from roadside frontage throughout presenting a great investment opportunity for farmers, lifestyle and investment purchasers
- Planning potential exists for the farm steading including for conversion through ‘Class Q’ development
- With its proximity to Newcastle the land at South Farm is an excellent opportunity for any developers looking for land needed for biodiversity net gain or other natural capital projects
- LOT 1 – The vendor will place a 25% clawback across the lot for any uplift from agricultural and equestrian purposes because of granted planning permission for a term of 25 years
- However, the vendor reserves the right to add an additional overage for any uplift in value above and beyond agricultural and equestrian value
- LOT 3 - The vendor will place a 25% clawback for 25 years on any uplift from development on the site of the historic farm steading
- LOT 4 is subject to an option agreement with Place for People, the vendor will add an overage provision on the land for 25% of any uplift in value from agriculture or equestrian use because of any planning permission for a period of 25 years
Description
South Farm is a 122.83-hectare mixed farm located on the urban fringe of Barlow, Blaydon, with a unique opportunity to purchase the entire farm or in five separate lots. The farm has been owned by the same family for over 70 years and features a well-proportioned arable and improved grassland landscape with roadside frontage throughout. The farmstead, which includes a five-bedroom farmhouse and traditional stone and brick buildings, benefits from oil-fired central heating, mains water, electric, and sewage. The farm's 120.94 hectares of land is divided into five lots, including arable, improved grassland, and woodland, with the potential for development and relaxation of Green Belt policies. The farm's accessibility, with multiple entry points and views across Blaydon and Newcastle, makes it an attractive investment opportunity for farmers, lifestyle, and investment purchasers.