Bit of property near English river (4)
I believe the answer is:
tyne
'english river' is the definition.
(I've seen this before)
'bit of property near' is the wordplay.
'bit of' indicates the answer is hidden within the clue.
'TYNE' is hidden within 'property near'.
(Other definitions for tyne that I've seen before include "North of England river" , "River of northeast England" , "Newcastle's river" , "Geordie river" , "Banker" .)