Offers over
£350,000
Land for saleGainsborough Road Scotter, Gainsborough DN21
About this property
Unique opportunity to purchase land of approximately 2 acres in popular village location, with drawings for 17 houses (not planning approved)
Current stable block - with tack room and 2 stables, in situ
Mains service available
Sold under hunters secured
Reservation agreement contract applies
Buyer reservation fee payable
50% overage (clawback) on any future increase in value over A 10-year period
Unique opportunity for purchase of approximately 2 acres of land, in a central location, in the popular village of Scotter. The land offers vehicle access from Gainsborough Road, Scotter - and currently has a stable block and mains service available at the land. There are drawings for 17 homes to be built - planning of which has not yet been approved - but offers future development potential. The stable block itself, which is on a concrete base - includes a tack room and two stables (3.6m x 3.6m and 3.6m x 3m).
Located on the outskirts of the village, offering picturesque surroundings, the land is located close to local schools - including catchment for Queen Elizabeth High School in Gainsborough. The village also benefits from a variety of shops and services and several popular restaurants. This property is being sold under the Hunters Secured scheme, which operates as a reservation agreement contract. This means that a buyer will be required to pay a non-refundable reservation fee to secure the purchase, providing commitment from both parties and reducing the risk of fall-throughs. Please note that the land is also subject to a 50% overage provision for a period of 10 years, meaning the seller will be entitled to 50% of any increase in value achieved through future planning permission or development.
Mortgage calculator
£1,750 per month
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