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£250,000

Norton Lane, Norton Malreward, Bristol, BS39

  • 0 beds
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£250,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£1,141 per month

Minimum deposit amount:

£12,500
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An opportunity to acquire a unique investment property comprising of an attractive block of arable and grassland with a small woodland belt, currently generating a rental income of £2,200 per annum.

The property comprises of a ring-fenced block of 5 level and gently sloping parcels of grade 3 arable and grassland fields together with a small woodland belt, situated in the popular village of Norton Malreward, just 2 miles south of Bristol.

The land benefits from access directly off Norton Lane to the north, or Church Road in the village of Norton Malreward to south, with views across the Chew Valley and Mendip Hills to the south.

Existing Tenancy Agreement
The land is currently let on an Agricultural Holdings Act tenancy, with the potential for one remaining succession, subject to a successor being able to meet the eligibility and suitability tests. A copy of the tenancy agreement can be viewed by interested parties.

Location
Norton Malreward is a small, picturesque somerset village located approximately 2 miles from the southern edge of Bristol and 4 miles from Keynsham.

The land is situated 1.5 miles west of the A37, which provides easy access to Bristol and Bath.


Lotting
The property is being offered as one single lot.

Public Rights of Way
A public footpath crosses east to west along the southern grassland field, accessed directly off Church Road.

Uplift Clause
The property will be sold subject to a 25% uplift for any development other than agricultural and equestrian over 25 years from completion.

Third Party Rights
We are informed there is a licence in favour of neighbouring properties giving rights to a septic tank and effluent drain, together with a pedestrian right of way in favour of a neighbouring property.

Method of Sale
The property is being offered for sale by an informal tender, with a tender date of 6th August 2025.

Viewing Arrangements
All enquiries, viewings and negotiations to be dealt with through the joint agents;

John Williams of Knight Frank, Telephone: 0117 3171 979, Email: [email protected]

Or

Richard Appleyard of Cooper and Tanner, Telephone: 01761 411010, Email: [email protected]


Additional Information
Local Council
Bath and North East Somerset Council (BANES)

Services
We are informed that the property is connected to mains water.

Sporting and Timber Rights
We are informed that the sporting and timber rights are in hand and included with the sale of the freehold.

Easements, Wayleaves & Rights of Way
The property is sold subject to the benefits of all rights, including rights of way, whether public or private, light, support, drainage, water and electricity supplies and any other rights and obligations, easements and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether referred to in the Conditions of Sale or not.

VAT
We are informed the property is not elected for VAT.



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Mortgage and legal costs:
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