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Land
Lower Road, Hundon, Sudbury CO10
Land Planning
£112,500
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Our Summary
- Development Overage - The land will be sold subject to a Development Overage in the event that planning permission is granted for any development other than for agricultural or equestrian purposes
- The uplift will be for 30% of any net development value resulting from the grant of planning permission, change of use or similar consent within a period of 30 years from completion of the sale
- The overage will be triggered on commencement of the development or on the sale of the land with planning permission whichever is sooner
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Description
The property consists of 4.07 acres (Lot 1) and 3.51 acres (Lot 2), and a total of 7.58 acres for sale, with 2 acres in a separate lot (Lot 1). The land is located near the village of Hundon, with fencing around the perimeter. It is classified as Grade 2 arable land, with calcareous clayey soil and mature hedgerows.
The land has frontage to Lower Road and Mare Hill, with views of surrounding countryside. It is partially enclosed by a small ditch on the north boundary of Lot 1.