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Former farm on market for £1.79 million

A former farm near Greystoke is on the market for £1.79 million.

Red Barn Farm has been converted into five property holiday let development on a two-acre site.

It is on the market with H&H Land & Estates and also includes owners’ accommodation and barns which have the potential for further development.

 Glenn Howard,of H&H Land & Estates, said:  “Red Barn Farm really is an opportunity not to be missed.

“This past year we have seen an unparalleled shift in housing situations and attitudes, with buyers revaluating their lifestyle choices and priorities.

According to Hamptons, over 70,000 Londoners have bought homes outside the capital over the past year!

“This property offers a new job opportunity that you may never have considered before, with incredible income generating potential and the chance for space, scenery and a new work-life-balance.”

Currently, the property is comprised of one short term residential letting, two luxury holiday cottages and two further homes occupied by the owners, though all properties have holiday let potential.

Forming a horseshoe around a shared courtyard, in total the property includes 12 bedrooms, nine bathrooms and nine reception rooms.

Glenn added: “Aside from the fact that the modern buildings are all in beautiful condition with bright, spacious interiors, Red Barn Farm is in a very popular area, renowned for tourism.

“It offers plenty of opportunities to further expand the enterprise, following relevant planning permissions being sought. For instance, the level nature of the site lends itself perfectly for glamping accommodation.

“Given the rise in domestic tourism and staycations over the past year, this is proving an increasingly prosperous tourism industry in this part of the world.

 “Following consultations with leading holiday lettings businesses, it has been indicated that Red Barn Farm offers a possible income of around £100,000 per annum.

“Even over the past year’s economic challenges, one of the cottages has shown an encouraging turnover, demonstrating the scope this property offers.”