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Fremington, Barnstaple Land for sale
Fremington, Barnstaple
£50,000
Fremington, Barnstaple
£50,000
Our Summary
- Overage (Development Uplift) - 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
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Here is a summary of the property description in a single paragraph:
A 3.74-acre grass paddock, part of Higher Lydacott Farm, offers lovely views of the River Taw estuary and surrounding countryside. The property is situated near Fremington and Barnstaple, with direct road access and additional land available. The gently sloping field, known as Path Field, has a north-facing aspect and is classified as grade 3 with freely draining slightly acid loamy soils. The land is currently let on a grazing licence until 2026 and will be sold freehold, subject to a development uplift provision. The property is not within an Area of Outstanding Natural Beauty, but is within a Nitrate Vulnerable Zone, and has no land management agreements in place. The sporting and mineral rights are included with the freehold, and the property is sold subject to and with the benefit of any wayleave agreements and public or private rights of way that may affect it.