Property: Green Hills Farm, Robin Hood's Bay

People are always looking for property with an X-factor. In our area, that is quite often a coastal view and there are huge premiums for those properties that fulfil expectations, even if they aren't in the best of condition.

Green Hills Farm is a bit of a project, but situated on the hillside above Robin Hoods Bay, it has dramatic views over the village and across the Bay towards Ravenscar. Set away from main roads and public footpaths the property has a relatively private location, but is still just a couple of hundred yards from the village.

The property is currently a small stock farm, but is offered for sale in lots to give residential buyers an opportunity to bid against the farmers, with the remainder of the farm offered as lots of bare land for the farmers to compete against amenity buyers or speculators.

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The principle house was developed around 50 years ago and offers a flexible layout with up to four bedrooms, but it is likely to be substantially altered by a new owner, subject to planning. A superb opportunity.

The property has modern buildings which could be adapted from agriculture to a variety of amenity uses, but also has some beautiful old stone barns lying close to the village, which are crying out for conversion if planning permission can be secured, which won’t be easy because of National Park planning policies but could be immensely rewarding.

For sale by informal tender as a whole or in three lots . Best offers by 12pm on Friday 1 July 2016.

Lot one: House, buildings and 21.3 acres. Guide price: £450,000 to £475,000

Lot two: 5.78 acres . Guide price: £25,000 to £35,000

Lot three: 15 acres and traditional buildings . Guide price: £100,000 to £125,000.

Contact Richardson and Smith on 01947 602298 for more details.