Bolsters Wood, Exeter EX4 Land for sale

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Bolsters Wood, Exeter EX4 Land for sale

Bolsters Wood, Exeter EX4
£312,000

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

Description

This 35.37-acre property in Exwick, Exeter, Devon, comprises pasture and Christmas trees. The land is situated on the northwest side of Exeter, accessible via an unmade farm lane with a right of way. The pasture has been grazed for years and features a stream running through it. The property has no services connected, but there is a large electricity pylon on the land. The seller is open to selling in lots, with Lot 1 being sold first, and has an uplift clause in place if planning consent for residential development is granted within 20 years. The land is secluded, despite being close to residential developments, and can be accessed via a rough track suitable for 4x4 vehicles. The property is freehold, with Exeter City Council and Teignbridge District Council sharing jurisdiction over the land.