Land for sale

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Land for sale

Mill Lane, Wokingham RG41
£20,000

Our Summary

  • Purchasing an overage would entitle you to the same terms as the original seller and has the potential to provide a significant return on investment should planning be granted

Description

For sale is a sizeable parcel of approximately 0.6 acres of freehold land in an idyllic setting, accessible via a gated road off Mill Lane, Sindlesham. The property comes with an overage agreement, entitling the seller to a 25% share of any increase in value resulting from planning or development permission being granted. This means that if the land's value increases from £50,000 to £250,000, the seller would be entitled to 25% of the £200,000 increase, or £50,000. Purchasing this overage has the potential to provide a significant return on investment if planning is granted, and a full legal pack is available for review.
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