An attractive 84-acre block of pasture and conservation land at Brighstone Down on the Isle of Wight has gone on the open market this week.
With natural capital topping the ‘must have’ lists of many buyers this land will certainly attract interest from those focused on developing the biodiversity potential of this unique piece of landscape.
Currently used for cattle grazing, the land was previously part of a wider Countryside Stewardship Scheme and has already been recognised as having significant ecological potential. Easily accessed from the public highway this south-facing block with enviable views across the sea to the Needles provides an ideal investment into the strengthening land market.
The land at Brighstone Down is situated in an idyllic spot in the west of the Isle of Wight, with views to the south across open countryside to the English Channel. It is located on the outskirts of the village of Brighstone and is less than 7 miles from the harbour town of Yarmouth and has potential to manage the land for biodiversity, net gain, natural capital and carbon offsetting.
James Attrill, from leading rural property specialist BCM, says:
“Land prices are on the rise – shortage of supply and a proven inflation hedge are making it attractive to investors. This well positioned block will appeal to those with a farming, nature conservation or natural capital focus We don’t see many opportunities like this and expect lots of interest”.
You forgot to say how much…. Oh, I forgot, if you have to ask, you can’t afford it 🙁
I thought open markets were based on offers?
How come property developers are not after it after all they are building on green belt land at Westridge
There is a covenant on the land restricting its use to agriculture and conservation.