Wellow, Isle of Wight Farm land for sale

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Wellow, Isle of Wight Farm land for sale

Wellow, Isle of Wight
£55,000

Our Summary

  • Therefore, 15% of the uplift in value as a result in planning being granted for change of use, will be given back to the sellers of the plot

Description

This attractive section of level land, located on the edge of the village of Ningwood and close to Wellow, offers a unique opportunity to acquire a plot with direct access and frontage onto the Wellow Road. The land is well-established with boundary fencing and mature hedging, and features a substantial storage building/workshop measuring approximately 8m x 4m, plus an attached lean-to and a mobile storage unit. The plot is long and thin, with a drainage ditch running along its length, and is mostly laid to lawn/paddock with large lockable gates at the western end. The property is being sold subject to a 15-year development overage clause, which means that 15% of any uplift in value resulting from planning permission for change of use will be given back to the sellers. The plot is available with services available close by, and viewings can be arranged by prior appointment with the selling agents, Spence Willard.