16 June 1995

Internet sale shape of things to come?

By Louise Rose

TECHNOLOGY has recently entered the farmland market with what is believed to be the first farm marketing on the Internet.

"The Internet will give access to colour photographs, plans and text at the click of a button 24 hours a day," says Kelso-based agent James Leeming, who is selling the farm.

He maintains that the Internet could be used increasingly by agents and potential purchasers as a medium for marketing property.

In Roxburghshire, Edenmouth Farm, near Kelso, includes 205 acres of eligible class 2 arable land. There is no house or farm steading although planning permission has been applied for.

"Rarely does a purchaser have an opportunity to build accommodation specific to their requirements rather than having to make do with what is already on site," says Mr Leeming.

Available as a whole or in three lots, he values the bare arable land at around £2000/acre with a guide price of over £385,000 for the whole.

Keen to take advantage

The farm, which was managed as part of a larger unit, is being sold as the owner is keen to take advantage of the current strength of farmland values.

Interest is anticipated from both local farmers, looking to take on additional arable acres without having to pay a premium for a residence or buildings, and southern buyers who could build their own accommodation.