Summary - THE OLD VICARAGE MODBURY IVYBRIDGE PL21 0TA
1 bed 1 bath Land
Large pasture plot near Modbury, ideal for equestrian or long-term land investment.
- Approximately 4.80 acres (1.94 hectares) of south-facing pasture
- Good road access with A379 vehicular gateway
- Mains water to be installed to Lot 2 if sold separately
- Overhead electricity poles and underground drainage pipe cross the land
- 25-year overage clause: 25% uplift payable on residential planning consent
- Restrictive covenant: no commercial or industrial use permitted
- Sale by formal tender; tender deadline 30 Oct 2025 at 12:00
- Administration Fee £2,000 plus VAT payable on completion
LOT 2 offers about 4.80 acres (1.94 ha) of gently sloping, mainly south-facing pasture on the edge of Modbury, within a designated National Landscape. The plot has good road frontage onto the A379 with a single vehicular gateway and is suited to pony paddock, agricultural uses or long-term land investment. A mains water connection will be provided to Lot 2 by the seller if sold separately.
The setting is peaceful and rural yet within easy commuting distance of Plymouth (c.14 miles) and Exeter (c.37 miles). Boundaries adjoin residential properties and farmland; there are overhead electricity lines and an underground drainage pipe crossing the site — practical factors for future use or any change-of-use proposals. The land sits in a very low crime, affluent area with average mobile signal and slow broadband.
Important legal and cost considerations are disclosed: the sale is by formal tender (deadline 30 October 2025 at 12:00), an Administration Fee of £2,000 plus VAT is payable on completion, and a 25-year overage clause requires 25% of any uplift in value if residential planning consent is secured. There is also a restrictive covenant preventing commercial or industrial use.
Lot 2 is offered freehold with vacant possession and represents straightforward pasture with clear development potential subject to planning and the overage/covenant constraints. Buyers should review the Legal Pack and seek independent legal advice before tendering; the sellers reserve the right to amend or withdraw the sale.
Land for sale in Modbury, Ivybridge, PL21 — £160,000 • 1 bed • 1 bath • 775 ft²
Land for sale in LOT 1 - Modbury, Ivybridge, PL21 — £85,000 • 1 bed • 1 bath • 775 ft²
Land for sale in LOT 2 - Chittleburn Hill, Brixton, PL8 — £50,000 • 1 bed • 1 bath
Land for sale in Chittleburn Hill, Brixton, PL8 — £190,000 • 1 bed • 1 bath
Land for sale in LOT 4 - Chittleburn Hill, Brixton, PL8 — £45,000 • 1 bed • 1 bath
Land for sale in LOT 1 - Chittleburn Hill, Brixton, PL8 — £55,000 • 1 bed • 1 bath
