Land at Moor Edge - Lot 2
Price On Application
Land at Moor Edge - Lot 2, Moor Edge, Crossgate Moor, Durham, DH1 4HT
Strategic Land and Property Opportunity. Moor Edge, Durham City, DH1 4HT. Lot 2: 8 Acres of Grassland: Offers invited. Available as whole or in two lots.
0
0
0
Key Features:
Strategic Land and Property Opportunity
Edge of Durham City
8 Acres of Land

Description
FOR SALE BY INFORMAL TENDER BY NOON ON 26TH JUNE 2024.

The land is located on the edge of Durham City and is currently greenbelt, but it may have some long term development potential. The land lies directly adjacent to residential properties at Moor Edge, opposite Durham Johnston School. Access to the land is directly off the A167 and from the garden of 30 Moor Edge. Held as one enclosure, the grassland is currently let out on a grazing agreement until 30th March 2025, but with a short resumption of possession clause. The boundaries are a mix of post and wire and hedges.

Method of Sale
The property is offered for sale by informal tender. The Seller reserves the right to amalgamate, withdraw or exclude any of the property shown at any time or to generally amend the particulars. Please contact H&H Land & Estates to receive a tender form. The closing date for the receipt of informal tenders with proof of funds is 12 noon on 26th June 2024.

Measurements & Additional Information

Rooms:

Tenure

The property is for sale freehold with vacant possession upon completion.

Land

The land is located on the edge of Durham City and is currently greenbelt, but it may have some long term development potential. The land lies directly adjacent to residential properties at Moor Edge, opposite Durham Johnston School. Access to the land is directly off the A167 and from the garden of 30 Moor Edge. Held as one enclosure, the grassland is currently let out on a grazing agreement until 30th March 2025, but with a short resumption of possession clause. The boundaries are a mix of post and wire and hedges.

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. This provision will run for 50 years from the date of purchase and the trigger will be any actual implementation of planning permission, or a sale with its benefit.

Mineral and Sporting Rights

The mineral rights are not included in the sale and are owned by a third party. The sporting rights are included in so far as they are owned.

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. The Buyers will be held to have satisfied themselves as to the nature of any such burdens where applicable.


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.


Office
0191 370 8530
Blackmoor Court, Durham Moor, Durham DH1 5ER
Download Particulars Register Interest
Share Via
Save