Farm land for sale

>

Farm land for sale

Land off Deeping Road Peakirk
£85,000

Our Summary

  • OVERAGEThe property will be subject to an Overage of clause of 25% on any uplift in value for development other than agricultural for a period of 25 years

Description

The property is a 5.53-acre parcel of level paddock land located in Peakirk, approximately 7 miles north of Peterborough and 3.5 miles south of Market Deeping. The land is in Permanent Pasture and is well-fenced with post and rail fencing and sheep netting, with mature and recently planted hedgerows and native trees. The soil is classified as Grade 3 and is suitable for agricultural use. The property is offered for sale by private treaty with vacant possession, and is not registered for the Basic Payment Scheme or Environmental Schemes. The land is subject to an overhead electricity cable and an Overage clause of 25% on any uplift in value for development other than agricultural. The property does not benefit from any services, and the Sporting and Timber Rights are included in the sale. The land may be viewed during daylight hours on foot only, and the buyer is responsible for inspecting the property and satisfying themselves as to the ownership of any boundary, hedge, tree, or ditch.