For sale
Guide price*: £20,000
Main features
- Freehold
- Planning overage rights
- 25% for 77 years on a sizeable parcel of approx. 0.6 freehold land
- The land itself is NOT FOR SALE
Property details
PLANNING OVERAGE RIGHTS, Mill Lane, Wokingham, Berkshire, RG41 5DF
PLANNING OVERAGE FOR SALE of 25% for 77 years on a sizeable parcel of approx. 0.6 freehold land in an idyllic setting with gated road access off Mill Lane, Sindlesham. A full legal pack is available for review showing full details.
An overage is a term often used in land sales to describe a sum of money in addition to the original sale price which a seller of land may be entitled to claim from the buyer once the land has been granted planning or development permission.
With an overage of 25%, if the land was valued at £50,000 without permission and is then valued at £250,000 once permission has been granted, there has been an increase in value of £200,000. The new owner of the land would then owe the overage holder 25% of this increase in value (in this case 25% of £200,000 being an overage payment of £50,000).
Purchasing an overage would entitle you to the same terms as the original seller and has the potential to provide a significant return on investment should planning be granted.
Call Barney Estates to obtain the full legal pack
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Read our reviews
zeya W.
17:36 31 Oct 24
Barney Estate has been amazing and so helpful in making our experience of purchasing our dream plot so easy and transparent.
Christian H
22:34 04 Oct 24
thank you Barney estates.
Chloe H.
20:03 04 Oct 24
Just purchased my first plot of land through Barney Estates and the whole process was clear and easy with the team on hand to help and answer questions. Excellent service!
Colin R.
11:41 04 Oct 24
Outstanding Service from Start to FinishExceptional service from the very first meeting, they demonstrated professionalism, knowledge, and a genuine interest for my needsThey were always available to answer questions, provide updates, and guide me through every step of the process, making the entire experience stress-free.
Steven K.
11:40 04 Oct 24
Good auction experience, sold my property quickly and efficiently.
alistair C.
11:31 04 Oct 24
Fantastic experience from Amiee and the team at Barney Estates
Jayde B.
08:16 04 Oct 24
Good experience with the team and great communication.
Radenko L.
16:40 23 Sep 24
Heather W.
16:31 23 Jul 24
Husband and myself have recently purchased some plots of Woodland ... we are both complete novices at buying land but Rowan and Aimiee were very patient with my enquiries and helped us realise our dream to become owners of a woodland with potential for conservation of trees and wildlife
Bea G.
22:27 07 Jun 24
Very good experience. I am new to the UK property market and managed to purchase two great auction properties. Very happy with the service Amiee and Miles provide. thank u
Liam D.
08:41 06 Jun 24
We have bought 3 acres of land pre auction via Barney estates. Patrick Quigley, Barney's auctioneer and asset manager was brilliant throughout the process. Clear, concise and quick communication throughout the process and always followed up what we discussed via phone with an email for my records. Patrick was professional and polite throughout, a pleasure to do business with.
Muhamad S.
21:49 29 May 24
Neil C.
15:24 16 Apr 24
Every aspect of our transactions was handled impeccably. Very professional team.
David B.
09:40 11 Apr 24
Robert B.
08:35 25 Feb 24
A very easy process to get land valued and sold, with good advice and a fast process.
Mark de Q.
17:26 04 Jan 24
Thank you Barney Estates - You sold a plot of land for me without fuss or hassle. You also made sure I got the best price vs other auction houses that were telling me the market had dropped... Well done and thanks again, Mark
L&C A.
16:42 23 Oct 23
Amiee was a great help to us during our leasing period at our unit, very helpful responds always with in 30 minutes to an hour :) would recommend
Mel H
07:30 06 Oct 23
Excellent service they quickly provided details and explained the process throughly, very professional, thank you
Paul M.
14:36 22 Sep 23
20 OUT OF 10 !It is not possible to give a higher rating, endorsement, or review of Elliot Bester and Barney Estates & Auctioneers. Elliot was instrumental in our recent successful purchase. Elliot helped us find our site and very quickly exchange, and complete all within one calendar week. Elliot was a pleasure to deal with and incredibly personable and professional and super efficient – making life incredibly easy for us. His experience, advice, and knowledge, were all very much instrumental and why we have taken the time to write such high praise. We thank him and Barney Estates and Auctioneers.Paul M
Shay L.
09:25 23 Aug 23
Truly so grateful for these guys!!! Couldn’t speak more highly of them! 🙌🏼🙌🏼
Chloe F.
21:39 22 Aug 23
The Barney's Estate team was incredibly supportive during my search. They promptly addressed all my inquiries through both phone calls and emails, displaying a high level of professionalism. Their assistance guided me seamlessly through the entire process.
Alex G.
21:26 22 Aug 23
The team at Barney’s Estate were so helpful in my search, they answered all my questions in a timely manner whether it was phone calls or emails. They were extremely professional and helped me through the entire process.
Hannah D.
18:04 22 Aug 23
The barneys team was so helpful in my search. They were friendly and definitely know their stuff. 10/10 service. Thank you!
Shahzad A
11:42 11 Aug 23
From the beginning of the process until the last point Barney Estates have been brilliant and have answered all my questions I had. Very knowledgeable in their field and explain everything very well, even to a novice like me!! A very big thank you to Miles and Amy who assisted me the most and made everything simple and understandable, a big thank you and I will be coming back to you in the future.
Ben Nicholls M.
17:25 01 Jun 23
Barney Estates have been great at handling my purchase of a plot of land. Elliot in particular has been brilliant. He is very friendly and approachable and we got on very well in our conversations throughout the process. He also kept me informed at every step along the way. Thank you to Elliot and the team at Barney for being such great people to do business with!
Jerome G.
12:46 30 Mar 23
I would like to say thank you so much to amiee she was very help fully with sell my dad Property I do Recommend Barney Eastates
Nicky W.
20:00 06 Mar 23
Having never bought land before, I had a million and one questions about the process and clauses in the contract. Not only did Elliot spend time going through the details with me, he went above and beyond to get my purchase over the line at a time-critical moment. I highly recommend!
Lisa H.
17:02 23 Feb 23
Thoroughly happy with the professional service I received from Barney Estates & Auctioneers.Patrick was great in dealing with my enquiries swiftly and efficiently, while Amiee was an absolute star, liasing with the vendor and her solicitor on my behalf, saving me the cost of employing a solicitor of my own. I'm really happy with my purchase and would happily recommend Barney Estates & Auctioneers to all.Thank you so much.
Seye F.
11:45 17 Feb 23
Amiee was very helpful with my purchase and saved me from lots of headache by supplying me with missing information and documents. Thank you so much, Amiee
Toby K.
11:38 27 Jan 23
I have just completed on my 2 auctions purchase with Barney estates and I couldn’t recommend them enough. I was totally new to buying at auction but Elliot and the team were always on hand to answer my questions and make my purchase as smooth as possible. I wouldn’t defiantly recommend these guys and will look to them for advice regarding buying land in the future.
Stephen H.
11:38 05 Oct 22
Being a complete novice to buying land I had many questions about the process'. Fortunately for me, the staff at Barney Estates & Auctioneers had the patience and experience to guide me through each process and explain everything right up to completion. All the people I dealt with were brilliant. But I cannot thank Amiee enough for the help she gave me and the manner in which she gave it. I am highly satisfied with my purchase and I have no issues with working with Barney Estates & Auctioneers in the future.
Kate W.
22:36 23 Sep 22
Great experience buying with Elliot at Barney Estates. The process was clear and well explained, Elliot was on hand to help every step of the way for even the smallest question. All completed super fast. So happy with the service.
Neil B.
14:05 09 Sep 22
My recent experience of selling with Barney Estates has been faultless. Amiee and her team offer a first class service. I recommend them 100%
Mark J.
18:11 30 Aug 22
Excellent Service from Amiee and her team! I purchased 2 bits of land found the process to be very straight forward. Thanks for all your help
David B.
17:19 21 Jun 22
I was a bit apprehensive on my 2 recent purchases, but I was totally reassured by AimeeThroughout the whole process, without a doubtA true professional company to deal with and Thanks Aimee for getting back to us in a moments notice ,
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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.