Summary - THE OLD VICARAGE MODBURY IVYBRIDGE PL21 0TA
1 bed 1 bath Land
Small holding with immediate water and clear long-term potential.
Approximately 1.17 acres (0.47 ha) with gentle west-facing slope
Includes a 775 sq ft agricultural building; contents sold as seen
Mains water already connected; water trough adjacent to building
Building is single-skin concrete block with corrugated asbestos roof
25-year overage clause: 25% of uplift for residential change of use
Restrictive covenant prohibits commercial, light industrial, industrial use
Sale by formal tender; 10% deposit required and £2,000+VAT admin fee on completion
Long-term development potential subject to planning and legal conditions
A compact 1.17 acre parcel on the west edge of Modbury, offered with a 775 sq ft agricultural building and mains water already connected. The gently west-facing paddock has been used for ponies and agricultural purposes and sits within a designated National Landscape, offering a peaceful rural setting within commuting distance of Plymouth and Exeter.
The single-storey outbuilding is constructed in concrete blockwork under a corrugated asbestos roof and is sold with contents as seen. The site has clear long-term development potential but any change of use would be subject to planning consent and a 25-year overage clause payable on uplift (25% of value increase).
This lot suits a buyer seeking a small holding, equestrian/paddock use, or long-term development opportunity. Note the sale method (formal tender), additional completion administration fee, and legal conditions including a restrictive covenant preventing commercial or industrial use. Prospective buyers should review the legal pack and factor in costs to replace the asbestos roof, remediate the building if required, and comply with overage and covenant terms.
Land for sale in Modbury, Ivybridge, PL21 — £160,000 • 1 bed • 1 bath • 775 ft²
Land for sale in LOT 2 - Modbury, Ivybridge, PL21 — £105,000 • 1 bed • 1 bath • 2090 ft²
Land for sale in Chittleburn Hill, Brixton, PL8 — £190,000 • 1 bed • 1 bath
Land for sale in LOT 2 - Chittleburn Hill, Brixton, PL8 — £50,000 • 1 bed • 1 bath
Land for sale in Wrangaton Road, Bittaford, PL21 — £150,000 • 1 bed • 1 bath • 538 ft²
Land for sale in LOT 4 - Chittleburn Hill, Brixton, PL8 — £45,000 • 1 bed • 1 bath
