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Land for sale
Land At Coly Road, Colyford, Colyton EX24
£30,000
Land At Coly Road, Colyford, Colyton EX24
£30,000
Our Summary
- Considered to offer potential for future development (subject to planning)
- The vendors will include an overage/uplift clause in the sale
- If planning is granted on the land within 20 years, the vendors will be entitled to 20% of the uplift in value
Description
This attractive pasture paddock, extending to approximately 0.75 acres, is situated on the edge of Colyford with stunning views over the Axe Valley. The land is strategically positioned with road frontage and good access onto Coly Road, and features a block-built field shelter and well-maintained fencing. With lovely views down to the River Coly, the property is considered to offer potential for future development, subject to planning permission. The land is being sold by formal tender, with tenders closing on May 1st, 2025. The property is freehold with vacant possession upon completion, and includes an overage clause, allowing the vendors to receive 20% of any uplift in value if planning is granted within 20 years.