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Land for sale
Paddock Area at Rectory Lane, WR15 8QW
£20,000
Paddock Area at Rectory Lane, WR15 8QW
£20,000
Our Summary
- OVERAGE CLAUSE This will be 25% of any uplift in value of the paddock as a result of residential planning permission being granted in the next 20 years
Description
This triangular paddock is situated near the residential area of Tenbury Broadheath, bordered by Rectory Lane and Bell Lane. The property is a level pasture enclosure with a few trees and hedges, with a mains water pipe running along the adjoining Rectory Lane. The paddock is available for sale through an informal tender process, with tenders to be submitted in writing by April 23rd, 2025. The property is located approximately 0.9 miles from the main road, and can be viewed at any reasonable time. There is also an overage clause in place, which would require a 25% payment to the seller if residential planning permission is granted on the land within the next 20 years, resulting in an increase in value.