Land for sale

>

Land for sale

Land At Lower Penn, Dirtyfoot Lane, Wolverhampton WV4
£150,000

Our Summary

  • It offers strong potential for cropping or livestock grazing and benefits from a convenient location close to Wolverhampton city centre and nearby villages
  • Additionally, the property may be considered suitable for equestrian use, subject to the necessary consents
  • Planning Uplift
  • The land is sold with an overage clause in favour of the vendor for future alternative development outside agricultural and equestrian use with a 30% uplift in value of the land for alternative development on the grant of planning permission, for a period of 25 years

Description

The property at Lower Penn comprises 12.58 acres of land, divided into two enclosures by a council-maintained highway. The land has strong potential for cropping or livestock grazing and is located near Wolverhampton city centre and nearby villages. It may also be suitable for equestrian use, subject to necessary consents. The property includes two parcels of land, with Parcel 3826 being approximately 8.68 acres of level arable land and Parcel 2497 being approximately 3.90 acres of gently sloping arable land. The land is sold with an overage clause, meaning that if alternative development is granted planning permission in the future, the vendor will receive a 30% uplift in value of the land. The property is offered freehold with vacant possession upon completion of the sale.