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Longmere Lane, Soham, Cambridgeshire, CB7 5EN

Guide Price £600,000Freehold

Brochure

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Excellent development opportunity
Former brownfield site to the north of the town
Approximately 1.9 acre site (stms)
Offers are invited for the freehold purchase.
Ideally suited for 3-4 detached dwellings (Subject to planning)
All viewings are by prior appointment only

Description

Excellent residential/commercial development site (subject to planning), measuring approximately 1.9 acres (stms). This former brownfield site has power and water to the site and in our opinion offers an opportunity for 4-6 dwellings (or more) subject to the necessary planning. All enquiries via the sellers sole agent.

Excellent residential/commercial development site (subject to planning), measuring approximately 1.9 acres (stms). This former brownfield site has power and water to the site and in our opinion offers an opportunity for 3-4dwellings (or more) subject to the necessary planning. All enquiries via the sellers sole agent.

Soham - Soham is the second largest town in East Cambridgeshire and is located between Ely (6 miles) and Newmarket (7 miles), both of which have a wide range of shopping and leisure facilities. The A142 has good connections with Cambridge via the A14.

Soham has its own range of local shops including the Co-Op & Asda and small eateries, pubs, hairdressers, leisure centre and doctors surgery. The town is a popular place to live for families due to the area’s proximity to Cambridge, Ely and Bury St Edmunds. There are three primary schools feeding into the well regarded Soham Village College. Soham train station which opened at the end of 2021, links to Ely and the mainline to Cambridge and London. London Stansted airport is a 40 minute drive via the A11.

Description - This is an excellent opportunity to acquire a potential residential site (subject to planning) which is located along a small track on the northern outskirts of this increasingly popular town. The plot measures approximately 1.9 acres (stms) and is almost equally split between a former brownfield site (which was used for car bodywork repairs) and an area covered by vegetation . Our enquiries have confirmed that there is power and water to the site and in our opinion it offers an opportunity for 4-6 dwellings (ideally bungalows), although prospective purchasers can submit their own planning proposals to the LPA.

Location - The site sits approximately 100 yards along Longmere lane to the northern outskirts of the town. It is easily found by using what3words location tarnished.artichoke.explains

Registered Title - The title is not currently registered.

Tenure & Possession - The site is for sale freehold, with vacant possession upon completion.

Planning - The site is within the jurisdiction of East Cambridgeshire District Council and all enquiries as to the possibilities of planning can be directed to their planning department. There are no current planning applications underway and prospective purchasers should make their own enquiries as to the possible planning opportunities.

Method of Sale - The property is for sale by Private Treaty.

Offers - Offers are invited for the freehold purchase of the site. All offers will need to be confirmed in writing to the sellers sole agent and include the following:
1 - Any proposed conditions attached to the offer.
2 - Proof of funding.
3 - Timescales for proposed submission of planning, exchange and completion.
4 - Proof of ID.
5 - Details of Solicitors to be instructed on the purchase
6 - Confirmation of 10% deposit paid on exchange of contracts.

Restrictive Covenants - We are not aware of any restrictive covenants associated with the site.

Services. - All prospective purchasers are to make their own enquiries as to the location/provision of services. (For information, the seller has informed us that there is water and electricity supplied to the site but this has not been verified.)

Wayleaves, Easements & Rights of Way - The land is to be sold subject to all existing rights of way, public or private, light support, drainage ,water and electricity supplies and allotter rights and obligations, easements, quasi easements and all wayleaves whether referred to or not in the sales particulars.

Purchasers will be deemed to have full knowledge and satisfied themselves as to the provisions of any such matters which may affect the property.

Value Added Tax - Should any sale of the land or any right attached to it become chargeable for VAT, then such tax will be the liability of the purchaser to settle in addition to the purchase price.

Local Authorities - East Cambridgeshire District Council - www.eastcambs.gov.uk

Cambridgeshire County Council - www.cambridgeshire.gov.uk

Viewings - Access to the site and viewings are strictly by appointment via Bovingdons Limited. When onsite, we would ask you to be a vigilant as possible for your own personal safety. - Call 01353 725723 or 07500 115321

Arrange Viewing

The Shade Primary School
(0.43 miles)
Good
Number of pupils: 256
Age Range: 3 - 11
The Weatheralls Primary School
(0.68 miles)
Requires Improvement
Number of pupils: 536
Age Range: 3 - 11
St Andrew's CofE Primary School
(1.14 miles)
Good
Number of pupils: 462
Age Range: 3 - 11
Soham Village College
(1.14 miles)
Good
Number of pupils: 1382
Age Range: 11 - 16
Little Thetford CofE Primary School
(3.5 miles)
Good
Number of pupils: 101
Age Range: 4 - 11
Fordham CofE Primary School
(3.71 miles)
Outstanding
Number of pupils: 377
Age Range: 4 - 11
Isleham Church of England Primary School
(3.77 miles)
Good
Number of pupils: 204
Age Range: 5 - 11
Stretham Community Primary School
(4.33 miles)
Good
Number of pupils: 159
Age Range: 5 - 11
Burwell Village College (Primary)
(4.53 miles)
Requires Improvement
Number of pupils: 437
Age Range: 4 - 11
King's Ely
(4.53 miles)
Number of pupils: 1250
Age Range: 2 - 18

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ3,157 /mo.25 Years, 5% Interest
Loan
ÂŁ540,000
Total Repay
ÂŁ947,036

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ17,500
0% up to ÂŁ250,000
5% between ÂŁ250,000 and ÂŁ925,000
Your effective stamp duty rate is 2.92%
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