Large pasture with barn and long-term residential potential near commuter routes.
- Total area 5.97 acres; available whole or in two lots
A substantial 5.97-acre parcel on the west side of Modbury, offered whole or in two practical lots for flexible purchase. Lot 1 (c.1.17 acres) includes a 775 sq ft agricultural building of single-skin concrete blockwork with a corrugated asbestos roof; Lot 2 (c.4.80 acres) is open permanent pasture with direct access to the A379. The site sits within a designated National Landscape with easy commuting distance to Plymouth and reasonable access to Exeter.
The land has historically been used as pony paddocks/agricultural pasture with mainly south- and west-facing slopes; mains water is connected to Lot 1 and will be provided to Lot 2 if sold separately (sellers to relocate supply and erect a new stockproof fence within four weeks of exchange). There are overhead electricity lines, an underground drainage pipe, and an open channel along the west boundary which buyers should note.
Important legal and commercial points: the sale is by Formal Tender with a stated deadline; a 10% deposit and signed contract are required with tenders. An overage clause applies for 25 years (25% of uplift if residential consent granted). A restrictive covenant prevents commercial or industrial use. The successful purchaser will pay an administration fee plus VAT and should consult the Legal Pack for further fees and wayleaves.
This is suited to purchasers seeking countryside grazing, small-scale equestrian use or long-term development potential (subject to planning). Buyers should budget for remedial works to the agricultural building (asbestos roof, single-skin walls) and allow time for planning, legal review and any fencing or services adjustments specified in the sale documents.