Penrith CA10 Land for sale

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Penrith CA10 Land for sale

Penrith CA10
£650,000

Price History

Initial price £695,000
19/03/25 £650,000
Price Change -6.47%

Description

This property is a block of grazing land located on Renwick Fell, suitable for Regenerative Agriculture, Carbon Offsetting, and Biodiversity Net Gain. The land is divided into two lots, Lot 1 consisting of 95.13 acres and Lot 2 consisting of 227.55 acres. The land benefits from access via a hardcore track and natural water supply, with boundaries comprising stone walls and post and wire fences. Lot 2 includes a stone-built sheep fold. The property is subject to a Higher Tier Countryside Stewardship agreement, which attracts an annual payment of approximately £12,550 and runs until the end of 2033. The land is managed under various options, including rough grazing for birds and moorland management, which require adherence to a stocking calendar and maintenance of certain areas. The property is being sold as a whole or in two lots, with a guide price of £220,000 for Lot 1 and £430,000 for Lot 2.