Tanygroes Land for sale

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Tanygroes Land for sale

Tanygroes
£75,000

Our Summary

  • To fully appreciate the potential that this land has to offer an early inspection is recommended
  • Overage Clause: There is to be a clause in the contract to the effect that in the event of any residential (housing) development on the land within 25 years of the dated of completion, then 20% of any uplift in value will be payable to the vendors or their successors

Description

This 6.25-acre property is a valuable parcel of land divided into two enclosures, currently used for grazing and cropping purposes. The land is mainly level to gently sloping and could be suitable for agricultural use, equestrian purposes, or other uses. The property is being sold with freehold tenure and vacant possession upon completion, and the vendor requires the buyer to enter into a covenant to prevent any material change of use without their consent. Additionally, there is an overage clause in place, which would require the buyer to pay 20% of any uplift in value if residential development occurs on the land within 25 years. Potential buyers are advised to register their interest and inspect the property to fully appreciate its potential.
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