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£635,000

Cowsley Farm, Cornsay, Durham, DH7

  • 0 beds
Farmhouse

£635,000

  • 0 beds
Farmhouse
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Estimate monthly mortgage payment:

£2,899 per month

Minimum deposit amount:

£31,750
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An attractive, south facing block of permanent grassland together with a dilapidated farmhouse and farm steading.

Best and final offers invited by 12 noon on Tuesday 25th June 2024. Please contact the office for a tender form.

LOCATIONThe property is located one mile due south of Cornsay Village and approximately four miles from Lanchester. Durham City is within a 20 minute drive and the main A68 road is close by to the west. Cowsley Farm is in a particularly quiet and attractive location but within easy travelling distance of the Tyne, Wear, and Tees conurbations. DESCRIPTIONThe farm extends to 27.11 hectares (66.988 acres) including the derelict farmhouse, farm steading and stack yard. The farmhouse and steading adjoin the adopted highway which runs south from Cowsley Lane to Hedley Hill Lane (B6301). The house has been unoccupied for over 50 years and is in a state of complete dereliction. The site has recently undergone partial restoration with removal of debris and waste materials, but the dwelling is considered to be structurally unsound and unsafe for internal inspection. Nevertheless, it is anticipated that the farm will attract considerable interest with the potential to develop the whole to an attractive and conveniently located country residence subject to all necessary consents. The farmland has been mown or grazed for many years and whilst the boundary fences are in need of repair there is potential for improvement to create a valuable, free draining parcel of productive arable/grassland. There is a livestock watering place at the south east corner of field 9522 at the Hedleyhope Burn. ACREAGESThe gross acreages have been assessed in accordance with Ordnance Survey data. Interested parties should satisfy themselves in this regard.PUBLIC RIGHTS OF WAYThere are no public rights of way that cross the land. ENVIRONMENTAL SCHEMESThe land has been registered for the Basic Payment Scheme (BPS). BPS has been replaced by delinked payments which will not be transferred to the purchaser. There are no Environmental Land Management Schemes in place.SERVICESThere is an unmetered mains water supply to the farmhouse. An electricity supply is available close by. SPORTING AND MINERAL RIGHTSIt is believed the sporting rights are in hand with the mineral rights reserved to a previous owner. MATERIAL INFORMATIONIt is understood from Ofcom Broadband and Mobile Phone Signal checker that the property has no access to a broadband connection but has external mobile phone signal in this area. EASEMENTS AND WAYLEAVESThe land is sold subject to and with the benefit of all rights of way, water, drainage, water courses, light and other easements, quasi or reputed easements and rights of adjoining owners (if any) affecting the same and all matters registerable by any competent authority pursuant to statute.COSTSEach party is to bear its own costs.MONEY LAUNDERING Prospective buyers should be aware that in the event that they are successful they will be required to provide documents in relation to the current Money Laundering and Terrorist Financing Regulations. The extent of the required documentation will be confirmed to the purchaser(s) after acceptance of an offer.TENUREThe property is registered as freehold. Field numbers 7843, 8849 and 9522 are registered Title absolute under number DU21286. The farmhouse and farm buildings are registered Title possessory under number DU317467 (17.12.2018). The remaining land, field numbers 4924, 5505, 5525, 5906, 6131, 6836, 7015 and 7804 are registered Title possessory under number DU367650 (20.04.2018). METHOD OF SALEThe property is offered for sale as a whole by private treaty.VIEWINGSPlease contact Vickers & Barrass Darlington office on 01325 728084 to arrange a viewing, which is strictly by appointment only.LOCAL AUTHORITYDurham County Council www.durham.gov.uk03000 26 0000NOTESParticulars prepared May 2024PARTICULARS NOTESThe particulars are set out as a general outline for the guidance of intending purchasers or lessees and do not constitute, all or part of an offer or contract; all descriptions, dimensions, areas, references to condition and necessary consents for use and occupation and other details are given as a guide only and without responsibility. Any intending purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves, by inspection or otherwise, as to their accuracy.No employee of Vickers & Barrass, Chartered Surveyors has the authority to make or give any representation or warranty whatever in relation to this property nor is any such representation or warranty given by the Vendors or the Lessors of this property.Any offer for this property will be taken as an admission by the intending purchaser that they have relied solely upon their own personally verified information, inspection, and enquiries.The photographs show only certain parts of the property. It should not be assumed that the property remains as displayed in the photographs.Where any reference is made to planning permissions or potential uses, such information is given by Vickers & Barrass, Chartered Surveyors in good faith. Prospective purchasers should make their own enquiries with the Local Planning authority into such matters.The Vendors reserve the right to amalgamate, withdraw or exclude either of the lots shown at any time and to generally amend the particulars or method of sale.The property is sold subject to reserve(s).Vickers & Barrass, Chartered Surveyors reserve the right to sell privately without imposing a closing date and do not bind themselves to accept the highest or any offer.The particulars have been prepared in accordance with the Business Protection from Misleading Marketing Regulations to give a fair overall view of the property.

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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£19,250
Mortgage and legal costs:
£999
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