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Milbourne, Ponteland, Newcastle Upon Tyne


Guide Price £235,000

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Overview

Detached House for sale in Milbourne, Ponteland, Newcastle Upon Tyne

The land extends in all to approximately 14.03 hectares (34.67 acres) and is shown edged red on the plan within these particulars. Currently the land is grassland but could be capable of conversion to arable. FARM BUSINESS TENANCY The land is sold subject to a Farm Business Tenancy to a neighbouring farmer. The Farm Business Tenancy is for a term of 10 years commencing on 1st April 2010 until noon on 31st March 2020. Vacant possession can be available from noon on 31st March 2020 by serving 12 months notice in advance of the termination date. The current rent is £2,860 per annum which is payable in advance on 1st April each year. The Tenancy includes other land being retained by the Vendo...

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Key Info

  • Block of grassland extending to approximately 14.03 hectares (34.67 acres)
  • Accessed from the A696 Ponteland to Belsay Road
  • Has potential to be converted to arable land
  • Mains water
  • Subject to a Farm Business Tenancy until April 2020
  • Available for sale as a whole

Sorry! There are no available floor plans for this property.

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Amount Borrowed: £200,000
Term: 25 years
Interest rate: 3.5%
Total Monthly Payment:
£1,001.25
Total amount repayable:
£300,374
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