Monumental piece of Wales for sale!
The vast piece of rural Wales is being sold in four lots and is expected to sell for around £11million on a 125 year lease. So if money is no object, here’s what that large chunk of cash will buy you: 31 cottages, 14 farms and your very own lakeside café. But possibly most appealing of all is that the Lake Vyrnwy Estate is so big, it can be seen with the naked eye from space! The stunning estate surrounds Lake Vyrnwy, a 4.75mile long reservoir that was made by Liverpool Corporation to supply clean water to Liverpool.
The estate offers so much more than just a water supply; the countryside in the Cumbrian Mountains is also a popular tourist spot. Visitors flock to the area to enjoy a nature reserve that has become a haven for birds and wildlife alike. While Severn Water is keen to sell the land and its included properties, it has been stressed how important it is that the new buyer looks out for the local people who have made the Vyrnwy Estate their home.
Does this sound like your next investment? Snap it up fast as you could be facing some tough competition. Clive Hopkins, head of farm and estate sales at Knight Frank explains that “due to such a diverse portfolio we anticipate interest from a variety of institutions, landowners and investors”.
A bit too pricey perhaps? Instead why not check out some more affordable properties around Wales.