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Demand continues to boost North Yorkshire rural property market
The strong demand for rural properties in North Yorkshire shows no sign of easing with potential buyers from London, Scotland and the West Country looking to move into the region.
The interest in rural property, fuelled by a desire to move into the countryside following the pandemic lockdowns, has continued into the second half of 2021 and Henry Scott, partner of Stephensons Rural, says the company’s offices have been “inundated” with enquiries from buyers hoping to move into the North Yorkshire area, coupled with strong local demand.
Rail links to London from York are also driving interest in the region, highlighted by the number of viewings being arranged at two farms that have just come onto the market: Highfield Farm in Hutton Sessay between York and Thirsk and Buskhill Farm at Westow, six miles from Malton. The two superb North Yorkshire residential farms, totalling in excess of 250 acres, are within easy reach of York and the A1.
Henry Scott said: “The launch of both Highfield Farm and Buskhill Farm has highlighted the strong demand we are currently experiencing for rural properties, particularly larger properties with outside space.
We have been inundated with enquiries from across the country, with viewings already taking place from interested parties travelling as far afield as Scotland and the West Country. In the first 48 hours we booked over 50 viewings and reached over 15,000 registered parties on our social media outlets.
Highfield Farm and Buskhill Farm are available as a whole and have their assets split into lots which means purchasers could opt just to buy the farmhouse with an area of land. Purchasing acreage could also be treated as an investment with farmland delivering reasonable rental returns, good capital growth, coupled with the currently attractive taxation benefits when it comes to capital gains and inheritance tax; in addition to the appeal of simply owning your own piece of God’s Own Country!
That is why selling in various lots appeals to a wide range of interested parties, as well as those simply wanting a lifestyle purchase offering the flexibility of live-work arrangements with the unrivalled advantage of outside space and outbuildings, with scope for alternative uses”.
Details on both properties can be found on www.stephenson.co.uk
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