Low Grange Farm presents a unique investment opportunity set amidst the picturesque rolling landscapes southeast of Shincliffe, just a short drive from Durham city center. This residential farm comprises three distinct properties—a traditional farmhouse, a cottage, and a bungalow—each currently tenanted under Assured Shorthold Tenancies, generating an annual rental income of £32,400. With substantial grounds encompassing 94.18 acres and a variety of agricultural buildings, there is ample potential for further development or conversion based on the new owner's vision, whether that be for agricultural use, equestrian facilities, or residential expansion (subject to necessary consents).
The traditional farmhouse offers approximately 1,950 sq ft of living space featuring character-rich elements like exposed wood beams and log burning stoves. While it benefits from oil-fired heating and double-glazed windows, it would gain significantly from modern updates. The adjacent stable cottage adds flexibility with its own unique layout while the bungalow boasts spacious accommodation including a garden room and mezzanine.
The surrounding farmland provides not only privacy but also prospects for various uses such as productive cropping or amenity purposes. Additionally, the range of farm buildings can be repurposed to suit an array of ventures including commercial workshops or additional housing (pending approvals).
This diverse property showcases extensive renovation potential that can cater to both lifestyle enhancements and profitable investments in a sought-after area.
