Summary - LOWER REA COTTAGE, ELMORE LANE WEST GL2 3NW
- 14.69 acres (approx) of level agricultural pasture adjacent to the Sharpness canal
- Three vehicular access points from Elmore Lane West
- Grade 3 soils: lime-rich loamy/clayey with impeded drainage in places
- No mains electric or water currently connected on site
- Sporting and mineral rights understood to be included in sale
- Not in Flood Zone 2 or 3 but close to River Severn and canal
- Subject to 50% overage on uplift for 16 years after planning permission
- Broadband very slow; mobile signal average
A rare 14.69-acre rectangular parcel immediately alongside the Gloucester and Sharpness Canal, offered freehold. The land is predominantly level grade 3 agricultural pasture currently managed for hay and grazing, with lime-rich loamy and clayey soils and a mature broadleaf hedge around the boundary. Three existing vehicular access points off Elmore Lane West provide straightforward entry. Sporting and mineral rights are understood to be included.
Practical considerations are clear: there is no mains electricity or water connected to the field (though electricity poles cross the site and a mains water pipe runs along Elmore Lane West), broadband is very slow and mobile signal is average. The land sits above the flood table and is not in Flood Zone 2 or 3, but it is close to the River Severn and the canal. Soil has impeded drainage in places which is typical for lime-rich loamy/clayey soils.
The parcel suits buyers seeking agricultural use, equestrian or amenity land close to Gloucester (under 5 miles to the city centre). There is scope for alternative uses or development subject to planning, but any uplift from planning permission is subject to a 50% overage payable to the former owner for up to 16 years. The sale is subject to existing wayleaves, easements and rights of way.
Offered at £175,000 with vacant possession on completion, this is a spacious, well-defined block with clear access and included rights. Buyers should factor in connection costs for utilities and consider the overage when assessing development value.
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