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Foxley Road, Malmesbury SN16 5 bed property with land for sale
Foxley Road, Malmesbury SN16
£1,585,000
Foxley Road, Malmesbury SN16
£1,585,000
Our Summary
- The yard and buildings may have great potential as a development project (subject to the necessary consents)
- The whole property has recently been re-wired and decorated throughout, but there are still some items that require work/finishing
- DEVELOPMENT UPLIFT CLAUSE
- A development uplift clause will be written into the sale contract and will apply to all the land outside the curtilage of the farmhouse, garden and existing farmyard
- The uplift clause will take effect on the occupation/use/sale of any structures(s), change of use, or implementation of any planning permission not covered by the above
- Redevelopment potential (subject to necessary consents)
Description
This historic farm estate, located in the picturesque town of Malmesbury, is being sold for the first time in over a century. The property features a five-bedroom farmhouse, surrounded by 57.68 acres of mainly permanent pasture, with a range of farm buildings in need of renovation. The farmhouse has been recently rewired and decorated, but still requires some finishing work. The property has a large garden, yard, and farm buildings, which may have potential for development (subject to necessary consents). The land is mainly pasture, with eight fields separated by hawthorn hedges and fencing, and may be suitable for agricultural or private equestrian use. The property is being sold with a development uplift clause, which will allow the new owner to benefit from any increase in value of the land due to changes or structures on the property.