Development plot, Millards Lane, Lode Plot for sale

Description
Excellent opportunity to acquire this building plot with full planning granted for either a 2 bed detached bungalow or 2 semi-detached, 3 bedroom homes. Situated in the sought after village of Lode, which is just a short drive from Cambridge City and Bottisham Village College, this site is ideal for the smaller builder/investor and building can commence swiftly.

Title
The site is registered under Title reference CB487983 (Land West of Montrose Farm, 2 Millards Lane, Lode)

Tenure & Possession
The site is for sale Freehold and with vacant possession.

Planning
Full planning was granted by East Cambridgeshire District Council on 27th December 2024 (Reference 24/00574/FUL), for the erection of 2 private 3 bedroom semi-detached dwellings with associated vehicular access and associated works and on 4th October 2023 (Reference 23/00060/FUL for the erection of a detached bungalow & access. Full planning conditions and drawings can be found on the councils planning portal or obtained via Bovingdons Estate Agents. There are a number of reports/documents available including Contamination Report, Flood Risk Assessment, Arboricultural Impact Assessment, Biodiversity Improvement plan and Tree Protection Scheme, house plans and proposed layout drawings.

Estimated GDV.
Selling prices for the 2 completed houses, which are both circa 91 sq m (980 sq ft),have been estimated by Bovingdons Limited to give a Gross Development Value in the region of £800,000 based on the market conditions as at November 2024. GDV for the detached bungalow is circa £450,000.

Method of sale.
The site 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 seller’s agent and include the following:

1 - Any proposed conditions attached to the offer.
2 - Proof of funding.
3 - Timescales for the proposed submission of exchange and completion.
4 - Proof of ID for buyers whether private or company purchase.
5 - Details of solicitors to be instructed on the purchase.

Restrictive Covenants
We are not aware at this time of any restrictive covenants on the site, but prospective buyers must confirm this for themselves via their legal representatives before committing to the purchase.

Services
All prospective buyers are to make their own enquiries as to the location and provision of services.

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 allotted rights and obligations, easements, quasi-easements and all wayleaves ,whether referred to or not in these sales particulars. - Purchasers will be deemed to have full knowledge and satisfied themselves as to the provisions of such matters which may affect the property.

VAT
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.

Viewings
Viewings - Whilst the site is visible from the roadside, all viewings are to be agreed via the seller’s sole agent.

Notes
Local council is East Cambridgeshire District Council.
County is Cambridge County Council.

The company is owned and run by ourselves, Ian and Emma Bovingdon, and we have been married for over 27 years and have 2 grown up children. We met whilst working for a large corporate Estate Agency on the South Coast and have been in the property selling industry for over 60 years combined. We are experienced in all aspects of property, including land buying & selling, New Homes and residential homes. We thought it was about time we did this for ourselves & to give us total control over what we do and how we do it. We have lived in East Cambridgeshire for over 20 years, raised our family here and have been involved with the community and local businesses during that time. It doesn’t take a rocket scientist to be an Estate Agent, but it takes someone or preferably a team, with compassion, experience, knowledge, integrity and honesty to make it a real success. Moving home is one of the most stressful things we do in our lives and so we will always be here to provide a dedicated, professional and seamless service and to guide and advise you every step of the way. We will always strive to do the job to the best of our abilities. MEET THE TEAM Ian Bovingdon Ian began a successful career in the world of Estate Agency in 1982 & has nearly 40 years of working with both large corporate businesses & smaller independents. Ian turned his focus to Land & New Homes in 2004 & has a wealth of knowledge in all areas of the industry. He will always think outside the box in order to provide the best advice and the best professional service. Outside of work, Ian is keen on Football, Skiing, Formula 1 & Photography. Emma Bovingdon Emma began her career in Estate Agency in 1991. Following a short career break to have their children back in the early 2000’s. Emma then returned to work for a National builder as a Sales Manager on the early stages of the Cambourne development in South West Cambs and then as the Sales and Marketing Director with renowned bespoke builder Campbell Buchanan. Outside of work Emma is passionate about interior design and keeping fit.

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