Property Summary

Guide Price £65,000

  • 19.58 Acres

Branch Details

Barnard Castle

0333 920 2220

14c, Harmire Enterprise Park, DL12 8BN

Copt Hill Wood, Houghton Le Spring

Tyne and Wear

    Key Features

  • Excellent location on the outskirts of Houghton-le-Spring
  • Extending to approximately 7.92 Hectares (19.58 Acres)
  • Good roadside access
  • Stocking of Alder, Oak & mixture of Broadleaved trees

Stocking of Alder, Oak & mixture of Broadleaved trees extending to approximately 7.92 Hectares (19.58 Acres).

The Property
Copt Hill wood is location adjacent the B1404 public highway which provides excellent roadside access to the property. The woodland is subject to two footpaths; one leads north tracing the boundary of the property with a second path leading almost due east along the route of the old railway line.

The woodland stocking consists of a mixture of alder and oak with other broadleaved trees present throughout the crop. The alder is now well established, with the slower growing oak beginning to thicken and starting to catch up. When walking through the crop, elements of cherry, willow, birch and sweet chestnut can be seen and these are also showing signs of strong growth.

The woodland receives an annual grant payment under the Farmland Premium Scheme until 2028.

Mr James Lonsdale, is currently actively managing the woodland. As such he is open to discuss management of the woodland with any prospective purchaser(s). For his details please contract the Selling Agent.

Development Covenant
The property is sold subject to an existing covenant with a previous owner running until 11th September 2038. If planning permission is granted on the land prior to that date, the previous owner will be compensated 50% of the value uplift attributable to the permission.

Easement and Wayleaves
The land is sold subject to and with the benefits of all rights of way, water, drainage, water courses, lights 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 statue.