Land for sale

>

Land for sale

Stoneyford, Cullompton
£75,000

Our Summary

  • Overage - The land will be sold subject to a development uplift (overage) provision on the following terms: Upon planning consent being granted for any residential or commercial use within a 30 year period from the completion date, the sellers will receive 25% of the increase in value (assessed by an independent valuer)

Description

The property is a level grass paddock located on the eastern edge of Cullompton, near the M5 motorway (Junction 28). The land measures approximately 0.81 acres and is situated within an area known as Stoneyford. The paddock is surrounded by residential areas and has gates leading to access lanes that adjoin both the eastern and western boundaries. Mains water is connected, and there is an electricity supply pole within the land. The property is offered for sale by private treaty and is registered on the Land Registry as freehold. The land is within Flood Risk Zone 2 and a Nitrate Vulnerable Zone (NVZ), and is sold subject to any existing wayleave agreements and public or private rights of way. A plan of the land is included for identification purposes only, and viewing is by prior appointment.
Finance This Property