Land for sale
Key information
Property description & features
- Tenure: Freehold
- Strategically positioned agricultural investment estate offering potential for long term capital growth
- Five principal holdings let on Agricultural Holdings Act or Farm Business Tenancies
- 5 further residential properties
- Annual income of approximately £258,811
- Potential for alternative land uses
Description
The Dissington Estate is a substantial and strategically located rural estate extending to 2,552 Acres (1,033 Hectares) comprising of largely arable, pasture and woodland, with attractive farmhouses, cottages and both modern and traditional ranges of farm buildings.
The Estate comprises five investment farms, three let on AHA tenancies and two on FBTs. In addition there are five separate residential properties, two of which are currently let, plus income generated from the fishing pond and smaller separate areas of grazing land, bringing the total annual estate income to approximately £258,811.
The prevailing soil type is of a slowly permeable, loamy, and clayey composition. The eastern portion, in particular, is well suited to cereal production, as evidenced by the current crop rotation employed by tenant farmers. The western area of the estate is probably more suited for grass production and grazing, plus some arable crops. The amenity and conservation value is enhanced by well established blocks of woodland across the estate.
Location
The Dissington Estate is located 8 miles from Newcastle City Centre and 2.5 miles west of Newcastle International Airport. Darras Hall and Ponteland offer a diverse selection of local amenities, including a range of shops from boutiques to grocery stores, along with a variety of restaurants. The surrounding countryside features picturesque rolling hills and charming villages.
Road - The A1 is approximately 5 miles to the south east via the A696 south, providing easy access to the north and south and connections into the wider road network.
Rail - Newcastle Station provides quick access to major cities, such as York in 1 hour and London in under 3 hours. The Tyne and Wear Metro provides valuable local connectivity, as the nearest station, Newcastle International Airport, is conveniently situated just 1.5 miles from the estate. This metro system offers frequent access to Newcastle City Centre, various nearby towns and the coast.
Air - Newcastle International Airport, just 2.5 miles from the estate, is a key air hub connecting the North East of England to global destinations. It serves most major European cities and many international destinations.
Acreage: 2552 Acres
Additional Info
Council tax range | B to F
EPC range | E to G
Places of interest
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