DJ&P Newland Rennie News
“Variety is the Spice of Life”
May 18, 2017
David James & Partners’ Second Collective Land & Property Auction of 2017 attracted a wide range of rural property investors, from boat clubs to potential new fruit farmers and pension funds. The traditional farmer bidders were also present and did secure one lot from the six lots on offer. The average price per acre was £11,500.
DJ&P Auctioneer, Richard Nancekivell, was pleased with the level of interest and variety of buyers seeking rural property with potential to improve and enhance value.
“In the current climate land represents a safe, secure and potentially wise investment.”
Next Collective Land & Property Auction Tuesday, 25th July 2017 – entries to hand include:
Corndell Farm at Mark in Somerset, which combines a fine detached modern farmhouse, 2 barns for conversion, some agricultural buildings and 5 acres of land. South Barn at Loxton is a substantial stone barn conversion which has previously been used as office accommodation and now has planning for residential use, it enjoys a south facing location and lovely Somerset views from its 1.80 acres of land. The Barn at Robins Lane, in Burtle is the other end of the scale – a farm building in rural location with planning for some 1,500 sq ft of accommodation, it stands alone and some land is available by separate negotiation.