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Land for sale
New Road, West Parley, Ferndown BH22
£125,000
New Road, West Parley, Ferndown BH22
£125,000
Our Summary
- 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 is a permanent pasture with a 3-bay timber stable block and concrete skirt along its eastern boundary. The land is level and borders the River Stour to the west, with mature boundaries and fencing. It has been used for grazing horses and has the potential for alternative uses. The property is situated near the A31, with access to Wimborne Minster, Ringwood, and Bournemouth. The land benefits from mains water and electricity supplies, as well as a spring-fed well, although the quality of the water is unknown. The property is designated as part of the Bournemouth Green Belt and is in Flood Risk Zone 3. A footpath crosses through the land, connecting to a network of footpaths and bridleways for walking, horse riding, and cycling. The land is sold subject to an overage clause, triggered by the grant of planning permission for residential or commercial development, with an overage payment of 35% of the uplift in value.