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Hallgate, Spalding PE12 3 bed detached bungalow for sale
Hallgate, Gedney Dyke, PE12
£699,950
Hallgate, Gedney Dyke, PE12
£699,950
Our Summary
- THE VENDORS WILL CLAIM THE BENEFIT OF AN UPLIFT/OVERAGE PROVISION OF ALL OR PART OF THE LAND PARCEL(S) BEING SOLD SHOULD THE LAND USE CHANGE FROM ITS CURRENT AGRICULTURAL STATUS FOR A PERIOD OF 35 YEARS FROM THE DATE OF COMPLETION OF THE SALE WITH THE PERCENTAGE OF UPLIFT BEING 45% OVER AND ABOVE THE EXISTING LAND VALUE AT THAT TIME
- THE UPLIFT/OVERAGE CLAUSE WILL BE ACTIVATED BY THE IMPLEMENTATION OF PLANNING CONSENT OF OR ALL OR PART OF THE LAND PARCELS BEING SOLD WITH THE BENEFIT OF PLANNING CONSENT
Description
This exceptional 3-bedroom detached bungalow is situated in a semi-rural location with stunning field views, surrounded by 6 acres of Grade One land (subject to survey). The property boasts a spacious and versatile interior, featuring a good-sized living room and multiple outbuildings, glasshouses, and a generous yard area. The property offers a rare opportunity to acquire a unique and versatile property with the potential for future development, with an overage clause in place that could result in a significant uplift in value if the land use changes from its current agricultural status within 35 years.