House For Sale Newcastle Upon Tyne, NE20
£18,000,000
1 of 15
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Last Updated: 18th April 2024
Description
A STRATEGICALLY LOCATED AGRICULTURAL INVESTMENT ESTATE ON THE URBAN FRINGE CLOSE TO NEWCASTLE UPON TYNE
\rDescription
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.
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Acreage: 2552 Acres \r
Additional Info
Council tax range | B to F
EPC range | E to G
\rDescription
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.
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Acreage: 2552 Acres \r
Additional Info
Council tax range | B to F
EPC range | E to G
Agent Details
Savills
River House, 17 Museum Street York YO1 7DJ
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.