Land at Craghead - H&H Land & Estates

Sold STC

Land at Craghead

Price On Application

Land at Craghead, Craghead, Stanley, Durham, DH9 6EX

A rare opportunity to purchase 3.76 acres of allotment land and grazing land with development potential (subject to the necessary consents). Available as a whole or in 2 Lots. Sold subject to any existing tenancy agreements.

3.76

Key Features:

Description

Lot 1: 3.23 acres. Offers Invited
Lot 2: 0.53 acres. Offers Invited

Tender forms to be submitted to H&H Land & Estates, Blackmoor Court, Durham Moor, Durham DH1 5ER no later than 5pm on 23rd April 2026.

Lot 1: Approximately 2.23 acres of allotment land with potential for development. Currently only parts of the land are occupied, but the site has historically been split into 52 individual allotments. There are also a number of garages and other small structures on the land, which we understand belong to the occupiers. Details of rental income from the allotments will be provided on request.

The property is sold subect to any existing tenancy agreements. It is understood that all allotments are occupied on a verbal agreement basis only, but records of rent payments can be provided on request.

Lot 2: Approximately 0.53 acres of acres of grassland currently used for horse grazing purposes. The access track to the paddock is also included within this lot– other third party users do benefit from a right of way along this track.

The property is sold subect to any existing tenancy agreements. It is understood that the paddock is occupied on a verbal agreement basis only.

Measurements & Additional Information

Rooms:

RESTRICTIVE COVENANT & OVERAGE	In the event that the Buyer or their successors in title obtain planning consent to carry out any form of development (other than for agricultural or equestrian use) they will pay 50% of the net uplift in value to the Seller, or their successors in title. This provision will run for 30 years from the date of purchase and the trigger will be any implementation of planning permission, or a sale with its benefit.
SERVICES	Purchasers to carry out own searches.
MONEY LAUNDERING REGULATIONS	Prospective Buyers should be aware that in the event that they are successful, they will be required to provide us with documents in relation to Money Laundering Regulations. The extent of the required documentation will be confirmed to the Buyer after acceptance of an offer.
BURDENS	The property is sold subject to all rights including rights of way, whether public or private, rights of light, support, drainage, water and electricity supplies and other rights, obligations and easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether or not constituted in the title deeds or referred to in these particulars. In particular, a public footpath crosses through the yard and some of the land.

Additional Information:

Tenure Type:

Freehold

Map

Mortgage Calculator

Calculate Monthly Costs

Property Price:

Deposit Amount:

Interest Rate:

Repayment Term:

Years

Monthly Payment: £0

How Much I Can Borrow

Your Salary (per annum):

Partner's Salary (per annum):

You can borrow up to: £0

These figures are not quotations or an offer of mortgage and should be used as a guide only.

The mortgage amount shown is intended as a guide only. The actual amount you will be able to borrow could be more or less than this figure and depends on your personal circumstances.

0191 370 8530

Blackmoor Court, Durham Moor, Durham DH1 5ER

Save