Land for sale

Lot 4 - Heytesbury Farm, Newport, Isle of Wight, PO30 5JB

Guide Price

£50,000

  • Status: FOR SALE SOLD UNDER OFFER
  • First Marketed: Jun 2021
  • Removed: Oct 2022
  • 0.86 acres

Residential Tags: N/A

Property Tags: N/A

Land Tags: Overage / Clawback, Pasture Land

Summary Details

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  • First Marketed: Jun 2021
  • Removed: Oct 2022
  • Residential Tags: N/A
  • Property Tags: N/A
  • Land Tags: Overage / Clawback, Pasture Land
  • 122, , WORSLEY ROAD, , NEWPORT, ISLE OF WIGHT, 260000, 12/08/2021
DESCRIPTION Lot 4 - An attractive block of pastureland benefitting from direct vehicular access from Forest Road, in all extending to 0.86 acres. 

SITUATION The land is situated on the western outskirts of Newport. It fronts the public highway "Forest Road" which further west leads through to Yarmouth and to the east leads into Newport. The property can be reached by mainland ferry connections with Cowes (7 miles), East Cowes (6 miles), Fishbourne (9 miles) and Ryde (8 miles). The country Town of Newport is 4 miles (8 minutes) away. 

METHOD OF SALE The property (as a whole) is offered for sale as a whole or in four separate lots, by private treaty. 

SERVICES No services connected to the land. 

LOCAL AUTHORITY Isle of Wight Council, tel: , iwight.com 

OVERAGE An overage provision is to be applied by the current vendors at a rate of 35% of the uplift in value over a 30-year term triggered by change of use planning permission and permitted development. This clause includes any changes of uses required to provide nitrates, phosphates and carbon offsetting. 

TENURE The property is freehold. 

POSTCODE PO30 5JB 

WAYLEAVES, EASEMENTS AND RIGHTS OF WAY The benefit of all wayleaves and easements, if any, relating to the land will transfer to the purchaser.

Lot 4-There is a public footpath that runs diagonally across the land.

 

ACCESS The property benefits from direct access from Forest Road only.

Lot 1 will own the freehold of the track directly from Forest Road (hatched blue on the sale plan)

Lot 2 & 4 will both benefit from a vehicular right of access over the access track (hatched blue on the sale plan)

Lot 3 benefits from its own, vehicular right of access into the field. There is a five bar metal gate which is illustrated in orange on the sale plan.

Southern Water have a right to use the access track (included within the freehold of Lot 1) for access to the treatment plant to the south. 

PLANNING/DESIGNATIONS Heytesbury Farm is located immediately adjacent to the settlement boundary of Newport and the land is all designated as being a Site of Important Nature Conservation. 

VIEWINGS Strictly by appointment with BCM.

Marketed by: BCM, Isle of Wight

Land Registry Data

  • 122, , WORSLEY ROAD, , NEWPORT, ISLE OF WIGHT, 260000, 12/08/2021
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