About this property
Key Features
Freehold
Approximately 1.25 Acres (STS)
Planning Consent for 3 Barn Style Dwellings
Residential Development Site
Description
A rare and exciting residential development opportunity in a most attractive location comprising one barn for conversion and 2 further plots, all with planning consent for 3 stunning barn style homes with accommodation ranging from 244 m2 (2,625 sq ft) to 280m2 (3,034 sq ft). The total plot size is approximately 1.25 acres (sts).
The former farmhouse and an additional plot are available as a separate auction lot (Lot 10).
Tenure
Freehold with vacant possession
Location
Witcham is an attractive mainly residential village situated approximately 5 miles West of Ely just off the A142. Ely provides an excellent range of shopping, schooling, sporting and domestic facilities with a mainline rail service to London (approximately 70 miles) via Cambridge (16 miles).
The site enjoys frontage to Headley's Lane off the High Street.
Auctioneers Note
The site is sold subject to an overage clause.
Should the purchaser obtain planning permission for any further residential dwellings on the additional land the purchaser will pay 50% of any increase in value to the vendors for a period of 25 years from the date of the conveyance, less the cost of obtaining the planning permission.
Planning
Detailed planning consent was granted on the 7th February 2017 by East Cambridgeshire District Council with a reference number 16/01567/FUL. Copies of the planning permission and drawings are available on East Cambridgeshire District Council's website at eastcambs.gov.uk or in the auction legal pack.
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Taylor Vinters, Merlin Place, Milton Road, Milton, Cambridge, CB4 0DP Tel 01223 225194 Ref EP
Viewing
Cheffins Ely Residential 01353 654900
Important notes
*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.�