0 Bedrooms Land for sale in Grove Hill, Dedham, Colchester CO7 | £ 65,000

Property Description

Viewing
Viewing is possible without an accompanying agent. However, we ask that all viewers inform Stanfords before visiting and have a set of these particulars in hand. Please be aware of hazards within the woodland.

Description

Grove Hill Wood offers purchasers a rare opportunity to acquire woodland/amenity land in the desirable area of the Dedham Vale. The combination of location and size will make this an attractive proposition for those wishing to own a small peaceful place to enjoy the countryside or purchase to produce timber for sale. The woodland extends to approximately 4.75 acres.

The wood is accessed off Birchwood Road, although at present there is no specific access. The majority of the woodland benefits from road frontage and an access should be obtainable (subject to Highways Approval).

The majority of the woodland comprises Scots Pine with Sweet Chestnut interspersed. There is a glade to the western end which could be utilised as amenity or camping space.

Grove Hill Wood is on the edge of the Dedham Vale Area of Outstanding Natural Beauty.

Taxation

After two years ownership, commercially managed woods qualify for 100% relief from Inheritance Tax. Timber sales are free from Income Tax and do not attract Capital Gains Tax.

Rights of way & easements

Grove Hill Wood is sold subject to and with the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water, gas and electricity supplies and any other easements.

Tenure & possession

Freehold. Vacant Possession will be given on completion

Wayleaves

The woodland is sold subject to all existing wayleaves and purchasers will be deemed to have satisfied themselves as to the routes thereof, if applicable.

Sporting rights

The sporting rights are owned and included in the sale. They are not let.

Mineral rights

The Mineral Rights are owned and included in the sale, except as reserved by statute.

Fencing

We are not aware of any fencing liabilities on the land.

Plans & areas

The plans attached to these particulars are based on Ordnance Survey and are for identification purposes only.

Method of sale

Grove Hill Wood is offered for sale by Private Treaty. Prospective purchasers should register their interest with the selling agents to whom offers should be submitted. Please contact Stanfords on .

Overage

The sale of the land shall include an overage provision for the increase in value derived by development or change of use within five years of the sale date. The overage amount shall be one third of the increased value.

Aml compliance

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into effect on 26 June 2017. This requires us to undertake due diligence on property purchasers. Once an offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence and proof of source of funds for the purchase, before the transaction can proceed.

Offers around £65,000 are invited

Important Notice

Stanfords for themselves and for the vendors of this property, whose agents they are, give notice that: (1) These particulars do not constitute any part of an offer of a contract, (2) All statements contained within these particulars are made without responsibility on the part of Stanfords or the vendor, (3) None of the statements contained in these particulars as to this property are to be relied on as statement or fact, (4) Any potential purchaser must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars, (5) No warrantee is given for the health of the trees within the property for sale, (6) The vendor does not make or give, and neither does Stanfords, nor any person in their employment who has authority, to make or give any representation or warranty in relation to this property. Particulars prepared February 2019.

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