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Land for sale
Butts Way, Milverton, Taunton, Somerset, TA4
£75,000
Butts Way, Milverton, Taunton, Somerset, TA4
£75,000
Our Summary
- OVERAGE CLAUSE It is the vendors intention to impose an overage clause on both lots whereby should residential planning consent be granted within 21 years of completion the vendors or their successors in title will be entitled to 25% of any resulting uplift in value
Description
This property is a single enclosure located on the edge of Milverton, offering far-reaching views and natural hedgerow boundaries. The land has road frontage and access, and benefits from mains water. The property is being sold by informal tender as a whole or in two lots, with tenders closing on June 26th, 2025. The property is freehold with vacant possession upon completion, and is subject to various rights of way, easements, and wayleaves. The land is also subject to an overage clause, which would entitle the vendors to 25% of any resulting uplift in value if residential planning consent is granted within 21 years of completion. The property is in an area at a very low risk from flooding, and viewing can be arranged at any reasonable time.