Cheffins Residential says ..
A 0.42 HECTARE (1.03 ACRES) SITE LOCATED IN THE MARKET TOWN OF SOHAM IN CAMBRIDGESHIRE WITH OUTLINE PLANNING PERMISSION FOR DEMOLITION OF EXISTING BUILDING AND CONSTRUCTION OF UP TO 9 DWELLINGS (USING PASSIVE HOUSE STANDARDS) WITH ALL MATTERS RESERVED EXCEPT FOR ACCESS
Property Oracle says ..
This property in Soham, Cambridgeshire, is a significant plot of land (1.03 acres) encompassing an existing building and a sizeable undeveloped area. The existing structure appears to be in need of substantial repair or demolition. The site benefits from outline planning permission for up to nine dwellings using passive house standards. This development potential significantly impacts the property’s value. The location in Soham offers convenience with proximity to primary schools (Soham Child And Family Zone, The Shade Primary School, The Weatheralls Primary School, St Andrew’s Cofe Primary School), Soham Village College, and the town of Ely. The surrounding area reveals a mixture of housing types and prices, indicating some market diversity. The existing building’s condition is a drawback, however the vast plot size and planning permission are major selling points for potential developers or investors looking to capitalise on opportunities to create housing in this area of East Cambridgeshire.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 132,000.00
- Lot (est)
- 132,000.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 395,833.00 £Increased by 29.52 %
- Est sale value
- 68,904,000.00 £Increased by 1,238.46 %
- Average area rental value
- 1,988.00 £/moIncreased by 60.06 %
- Est letting value
- 264,000.00 £/mo
- Est rental Yield
- 6.03 %Increased by 23.57 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Cheffins Residential marked this listing as sold.
Cheffins Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Soham Child And Family Zone | Children's Centre | 1.05 KM | |
| The Shade Primary School | Academy Sponsor Led | Good | 1.16 KM |
| The Weatheralls Primary School | Academy Sponsor Led | Requires improvement | 1.36 KM |
| Soham Village College | Academy Converter | Good | 1.74 KM |
| St Andrew'S Cofe Primary School | Academy Converter | Good | 1.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Birches | £ 435,000 | 0 | 0.00 KM |
| Station Road | £ 0 | 0 | 0.00 KM |
| Pratt Street | £ 0 | 0 | 0.00 KM |
| Bell Gardens | £ 350,000 | 0 | 0.00 KM |
| College Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ely | 7068 | ELY | 8.78 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mereside Soham, Ely, CB7 | £ 680,000 | BUY | 7 / 10 | 0.05 KM |
| Heron Croft, Soham, Ely, Cambridgeshire, CB7 | £ 250,000 | BUY | 6 / 10 | 0.16 KM |
| Heron Croft, Soham | £ 260,000 | BUY | 6 / 10 | 0.16 KM |
| Heron Croft, Soham | £ 260,000 | BUY | 7 / 10 | 0.18 KM |
| Teal Avenue, Soham, CB7 | £ 325,000 | BUY | 7 / 10 | 0.22 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 134 Mereside | £ 189,995 | 0.14 KM |
| 136 Mereside | £ 192,000 | 0.14 KM |
| 124 Mereside | £ 635,000 | 0.15 KM |
| 114 Mereside | £ 425,000 | 0.15 KM |
| 126 Mereside | £ 210,000 | 0.15 KM |