Land for sale

>

Land for sale

West Parley
£125,000

Our Summary

  • filedAgents Note - The land is sold subject to an overage clause for a period of 30 years from the point of completion, triggered by the grant of planning permission for residential or commercial development on the land
  • Overage payment of 35% of the uplift in value prior to the grant of planning permission, calculated against the land value with the benefit of planning permission

Description

This 6.08-acre property in West Parley offers a unique combination of permanent pasture and a 3-bay timber stable block, situated alongside the River Stour. The land is predominantly level and enclosed by mature boundaries and fencing, making it suitable for a variety of alternative uses, including grazing horses. The property benefits from mains water and electricity supplies, as well as a spring-fed well, although the quality of the water is unknown. The land is allocated for development in the Local Plan and has previously been subject to an option agreement, although this has now expired. The property is located near the A31, A341, and Bournemouth, and offers access to a network of footpaths and bridleways for walking, horse riding, and cycling. The land is sold subject to an overage clause, which requires a 35% payment of the uplift in value if planning permission is granted for residential or commercial development within 30 years of completion.