Land for sale

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Land for sale

Eastacombe Rise, Heanton Punchardon
£150,000

Our Summary

  • 25 acres of level land with long term development potential set in this pretty tranquil village around the ancient parish church overlooking the River Taw valley and with a core of stone and other period houses with more modern development to its edges
  • 25 acres of level land with long term development potential, set in this pretty tranquil village around the ancient parish church overlooking the River Taw valley and with a core of stone and other period houses with more modern development to its edges
  • Seeing - PLANNING has been applied for on this site on a number of occasions over the years and all refused
  • An overage clause will be included in the sale contract to the effect that if a future owner achieves planning to develop the land, over the next 30 years, then the current seller will be entitled to recieve 33% of the uplift in value from its current sale price to the value with planning approved

Description

This 1.25-acre plot of level land in a tranquil village offers long-term development potential, situated near the ancient parish church and overlooking the River Taw valley. The village is less than a mile from the A361 road, connecting to the coastal towns of Saunton, Croyde, Putsborough, and Woolacombe. The nearby town of Braunton provides a range of local amenities, while Barnstaple, the administrative center for North Devon, is within 5 miles and offers a wider range of facilities. The area is surrounded by rural footpaths and the Tarka trail, a largely traffic-free cycle path/footpath. Planning permission has been refused multiple times, with the most recent application denied in 2022. An overage clause will be included in the sale contract, entitling the current seller to receive 33% of the uplift in value if planning is approved in the future. Tenders are being accepted, with the highest or any not necessarily accepted.
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