Land for sale

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Land for sale

Mylor Downs, Falmouth TR11
£200,000

Our Summary

  • Overage Clause: The land is to be sold subject to an Uplift or Overage Clause whereby, if during a period of 25 years from completion, planning permission is obtained on the land for residential or commercial development, the vendors or their successors are to receive 25% of the uplift in value resulting from the planning permission

Description

The property is a south-facing block of land totaling 8.7 acres, located on the north edge of the popular village of Mylor Bridge in an Area of Outstanding Natural Beauty. The land is divided into two enclosures bordered by mature hedge banks and offers extensive views of the surrounding countryside. Although no mains services are connected, there is a right to connect to a private water supply. The property is subject to an overage clause, which requires the vendors to receive 25% of any increase in value resulting from future planning permission for residential or commercial development. The land is suitable for grazing, cropping, or horticultural use and is within walking distance of village facilities.
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