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Farm land for sale
Approximately 1.05 acres of land, Cross Common Road, Dinas Powys, CF64 4TP
£70,000
Approximately 1.05 acres of land, Cross Common Road, Dinas Powys, CF64 4TP
£70,000
Our Summary
- The land is suitable for mowing and grazing purposes with potential considered for agricultural, equestrian and amenity use
- The earlier of the sale of the land with the benefit of Planning Permission or the implementation of Planning Permission will trigger the clawback at a rate of 40% of the Development Value less the current use value
- Guide PriceGuide Price – £70,000 - £100,000Health and SafetyGiven the potential hazards of agricultural land we ask you to be as vigilant as possible when making your inspection for your own personal safety
Description
The property is a 1.05-acre plot of level pastureland located in Dinas Powys, near Cardiff. The land is suitable for mowing and grazing, with potential for agricultural, equestrian, and amenity use. Access is via an agricultural gate off Cross Common Road. The property does not benefit from any services, and the vendor is selling subject to a 50-year Development Clawback, which will trigger at a rate of 40% of the Development Value less the current use value. The property is being sold freehold with vacant possession upon completion, and the guide price is £70,000-£100,000. The property is being sold by informal tender, with tenders closing on September 2nd.