Land for sale in Ely, Stretham, CB6 : Cambridge Central : CBR240040

You are here:

Back

sold

Stretham, Ely CB6

Asking price £128,000

Ely 4 miles

Soham 5 miles

Chapel Street 0.4 miles

A block of productive arable land with road frontage.

An opportunity to purchase arable land situated in a strategic location with direct access off the A10.

In all extending to 11.36 acres (4.60 ha).

For sale by online auction as a whole.

FOR SALE BY ONLINE AUCTION.
AUCTION CLOSES 10am 15 AUGUST 2024.
PLEASE SEARCH: "CARTER JONAS AUCTION" TO BE DIRECTED TO THE AUCTION LINK.

A block of productive arable land with road frontage.
An opportunity to purchase arable land situated in a strategic location with direct access off the A10.
In all extending to 11.36 acres (4.60 ha).
For sale by online auction as a whole.

Property
A single block of Grade 3 arable land, extending to 11.36 acres (4.60 ha). The soils are lime-rich loamy and clayey, which is best-suited to arable cropping due to the high fertility of the soil. The Property is situated in a strategic location with access achieved directly off the A10. The site offers medium to long-term potential for commercial or residential development (Subject To Planning Permission).

Location
The site is situated 1 km south of Stretham, 7 km south of Ely and 15 km north of Cambridge.

Method of Sale
The Property is offered for sale as a whole by online auction. A weblink to the auction platform can be found on the Carter Jonas website.

Tenure & Possession
The Property is to be sold with vacant possession.

Overage
The Property is being sold subject to a development overage of 30% for a period of 20 years. The overage is to be triggered by the implementation of planning permission (or deemed planning permission) or permitted development rights for any development other than agricultural or equestrian use, payable within 10 working days of the trigger date or the date on which the overage sum is established (whichever is the later).

Legal Pack
Access to the auction legal pack can be found on the listing link via the Carter Jonas website.

BPS
The sale does not include any BPS entitlements or transfer of any de-linked payments.

Services
There are no mains services connected to the Property.

Wayleaves, Easements & Rights of Way
The Property is to be sold subject to, and with the benefit of, all existing wayleaves, easements, covenants and rights of way, whether or not disclosed.

Health & Safety
All viewings are to be carried out at the sole risk of the viewer and neither the selling agent nor the Vendor takes responsibility.

VAT
Any guide prices quoted or discussed are exclusive of VAT. In the event that the sale of the Property becomes chargeable supply for the purposes of VAT, such tax will be payable (or become payable by the purchaser) in addition to the purchase price.

Sporting, Timber & Mineral Rights
To be included within the sale.

Local Authorities
East Cambridgeshire District Council
The Grange Car Park
Nutholt Lane
Ely
CB7 4EE

Viewings
Viewings are to be unaccompanied, with a set of marketing particulars to-hand.

Directions
Travelling southwards from the A10 roundabout at Stretham: continue ahead for 500 meters and the Property will be located on your right-hand side.

What3Words
/// tweed.pigs.commands

Carter Jonas Contacts
Jamie Elbourn
Scott Riggs

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

Need to sell a property

or thinking of letting?

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.