The Greenside Estate, once owned by the Earl of Carlisle, is up for sale.

This remarkable rural investment property sits on the boundary between Cumbria and Northumberland.

It was formerly part of the former Naworth Castle and Castle Howard Estates until separation in 1916.

The Greenside Estate was a further subdivision of the larger Naworth Castle Estate.

A diverse portfolio is on offer.

This includes agricultural, residential, woodland, investment, development and sporting interests.

In total, the estate amounts to around 1,844.27 acres, or 746.34 hectares.

John Coleman, head of land and farm sales at GSC Grays, said: “The Greenside Estate offers a diverse portfolio of rural property assets for sale from gardens and allotments to in-hand land and farms ranging from £5,000 to £1.5 million.

"It’s a substantial and versatile rural estate with significant carbon and natural capital potential and offers multiple income sources including residential properties, telecommunication masts and commercial woodlands.

"It has huge potential for future development, making it an attractive investment opportunity for the right buyer or investor. “

Potential buyers have the option to purchase the whole estate, or select lots.

Current divisions include four principal agricultural holdings secured under agricultural tenancies.

Additionally, several smaller blocks of land are available, formerly occupied under annual grazing licence agreements and Farm Business Tenancies.

The estate's primary focus has been livestock farming, with cattle and sheep benefitting from extensive grazing seasons.

There's also ample potential for business diversification subject to the correct permissions.

The estate comprises of a large, well-equipped stock farm with vacant possession available from 2024, three further stock farms, in-hand farmland, four vacant residential properties, commercial and amenity woodland, two telecommunication masts, additional fields, gardens and allotments.

It offers opportunities for development, low ground shooting and stalking, plus significant carbon and natural capital potential.

The current annual rental income stands at approximately £39,251 per annum.

Situated just an hour from the Lake District National Park and at the head of the Eden Valley area, it is served well by local amenities and has good accessibility.

The Greenside Estate is currently on the market with GSC Grays Richmond office for a guide price of £4,795,000.

Telephone: 01748 829217.