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5 bedroom property with land for sale
Foxley Road, Malmesbury SN16
£1,700,000
Foxley Road, Malmesbury SN16
£1,700,000
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
Description
This historic property, Daniels Well Farm, is a rare opportunity to own a piece of land and a farmhouse that has been untouched for over a century. The 57.68-acre property features mainly permanent pasture with nine fields, two of which have river frontage and fishing rights. The farmhouse, built in the 1950s, has been extended and features five bedrooms, a large garden, and a yard with farm buildings. The property is situated in a rural location near the historic town of Malmesbury and has potential for development, subject to necessary consents. The land is being sold with a development uplift clause, which would allow for changes or structures for agricultural and private equestrian use, with the current owners or their successors entitled to 50% of any increase in value. The property is in need of some maintenance and repair, but has been re-wired and decorated throughout, making it a unique opportunity for someone looking to restore a piece of history.