Land For Sale £52,000
Land adjacent Water Tower, North side of Fordham Road, Soham, Ely,
Situated in front of the iconic Water Tower on the north side of Fordham Road. We are please to offer this plot of land of approximately 0.5 acres which offers a variety of end uses subject to the necessary planning permissions.
The site is enclosed with fencing to all borders, the land sits midway between Fordham and Soham in a rural location.
Offers are invited for the Freehold purchase.
Local Authorities
East Cambridgeshire District Council -
Cambridgeshire County Council -
Tenure and Possession
The site is for sale freehold, with vacant possession upon completion.
Planning
There are currently no planning applications on the site. However planning for a single detached dwelling was recently refused.
Please note there is an overage clause of 30% for 25 years.
Auctioneer Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Situated in front of the iconic Water Tower on the north side of Fordham Road. We are please to offer this plot of land of approximately 0.5 acres which offers a variety of end uses subject to the necessary planning permissions.
The site is enclosed with fencing to all borders, the land sits midway between Fordham and Soham in a rural location.
Offers are invited for the Freehold purchase.
Local Authorities
East Cambridgeshire District Council -
Cambridgeshire County Council -
Tenure and Possession
The site is for sale freehold, with vacant possession upon completion.
Planning
There are currently no planning applications on the site. However planning for a single detached dwelling was recently refused.
Please note there is an overage clause of 30% for 25 years.
Auctioneer Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
