Why is this land priced as it is?

[Alcoblog]

No, there are 2 plots. 1 rented to the farmer (no public rights of way), but a poor investment and you can't use it because of the tenancy.

1 that would be available to use personally, but with multiple public rights of way across it.

Apologies, I thought we were still talking about lot 2 as mentioned in the OP, which is (according to the blurb) for grazing and protected tenancy to a local farm.

[foxy lady]

Apologies, I thought we were still talking about lot 2 as mentioned in the OP, which is (according to the blurb) for grazing and protected tenancy to a local farm.

 

Huge amounts of farmland are let out on protected tenancies. The terms are variable but will certainly have termination agreements usually of between 3 and 5 years.

 

http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/10579116/Farmland-worth-its-weight-in-gold.html

 

The price of English farmland is close to outperforming gold, as the average price rose by 11pc to a record £6,882 per acre last year.

 

Increased demand from private investors and a limited supply of land helped drive the growth, which exceeded the 5pc predicted by estate agent Knight Frank in 2012.

 

While gold was one of the worst-performing asset classes in 2013, with the price falling 28pc to $1,202.30 (£736.52), it has increased by 212pc over the past decade, only slightly more than the 210pc increase in the value of farmland.

 

Farmland prices have risen almost 11,500pc from 60 years ago, when land was worth just £54 per acre, and further growth of almost 6pc expected this year, according to Knight Frank Farmland Index.

 

The limited supply of land for sale is helping to maintain price growth, with only 150,000 acres of land advertised on the open market last year, compared to 300,000 in 2000.

[Cyclone]

Apologies, I thought we were still talking about lot 2 as mentioned in the OP, which is (according to the blurb) for grazing and protected tenancy to a local farm.

 

1 lot has public rights of way, the other has a protected agri tenancy.

[geared]

 

The price of English farmland is close to outperforming gold, as the average price rose by 11pc to a record £6,882 per acre last year.

 

Increased demand from private investors and a limited supply of land helped drive the growth, which exceeded the 5pc predicted by estate agent Knight Frank in 2012.

 

While gold was one of the worst-performing asset classes in 2013, with the price falling 28pc to $1,202.30 (£736.52), it has increased by 212pc over the past decade, only slightly more than the 210pc increase in the value of farmland.

 

Farmland prices have risen almost 11,500pc from 60 years ago, when land was worth just £54 per acre, and further growth of almost 6pc expected this year, according to Knight Frank Farmland Index.

 

The limited supply of land for sale is helping to maintain price growth, with only 150,000 acres of land advertised on the open market last year, compared to 300,000 in 2000.

 

So really it represents a decent buy?

 

Maybe the farmer will snap it up at auction?

[Cyclone]

So the rental value for grazing is actually very low then?

[Mr Bloke]

So really it represents a decent buy?

 

Maybe the farmer will snap it up at auction?

 

... but farmers never have any money, do they?