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Our Summary
- Uplift Clause:Lot 1 - this lot will be sold with an uplift clause on the understanding that if planning consent for residential development is granted within 20 years of the completion of the purchase of this lot then the owner will be liable to pay 30% of the uplift in value over and above the agricultural base value within 12 months of the planning permission being granted
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Description
The property is 35.37 acres of land situated at Exwick, Exeter, Devon, comprising of pasture and Christmas trees. The land has been grazed for many years and includes a stream running through it. Access to the land is via an unmade farm lane with a right of way, which leads to a rough track suitable for 4x4 vehicles.
The land is secluded but close to residential developments, and there is a single large electricity pylon on site with electricity wires overhead. offseasonhookpresent The land is freehold with no services connected, but it does sit astride the boundary between Exeter City Council and Teignbridge District Council.