Land at Bancroft Farm, Little Abington, Cambridge
By Cheffins Residential
£ 2,000,000
Reviews
2 out of 5 stars
Cheffins Residential says ..
Opportunity to acquire 0.44 ha (1.09 acres) of residential development land in the sought after village of Little Abington, Cambridge. For sale by private treaty.
Property Oracle says ..
This property listing is for a 1.09-acre plot of land in Little Abington, Cambridgeshire, currently containing only a dilapidated structure. The land is offered for sale at £2,000,000. Little Abington is a desirable village with a good primary school (Great Abington Primary School) located approximately 0.76km away, while larger towns and cities are relatively accessible via the nearby train stations; Whittlesford Parkway (7.69km) and Great Chesterford (8.12km).
The site’s current state is not very desirable. The photographs of the land reveal an overgrown, somewhat neglected area. However, approved planning permission for several homes and a substantial plot size make the land a viable development opportunity. Several nearby residential properties have sold for prices ranging from £330,000 to £2,525,000, though square footage information is not consistently provided to determine a price-per-square-foot metric for comparison. Given the lack of information on the square footage and the need for full renovation/construction before the development can bring value, the asking price of £2,000,000 might be considered comparatively high until the complete cost is broken down and compared against potential returns after the work is completed. The village’s desirability however, means this investment still carries potential.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 0
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
- 376,673.00 £Increased by 1.12 %
- Average area rental value
- 1,276.00 £/moDecreased by 16.33 %
- Est rental Yield
- 4.07 %Decreased by 17.11 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Cheffins Residential marked this listing as sold.
Cheffins Residential created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Great Abington Primary School | Community School | Good | 0.76 KM |
Babraham Cofe (Vc) Primary School | Academy Converter | 2.87 KM | |
Linton Village College | Academy Converter | Requires improvement | 5.01 KM |
Granta School | Community Special School | Good | 5.13 KM |
The Icknield Primary School | Academy Converter | 5.81 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Newmarket Road | £ 1,000,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Whittlesford Parkway | 7047 | WLF | 7.69 KM |
Great Chesterford | 7032 | GRC | 8.12 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Land at Bancroft Farm, Little Abington, Cambridge | £ 2,000,000 | BUY | 5 / 10 | 0.00 KM |
Church Lane, Abington | £ 700,000 | BUY | Unknown | 0.07 KM |
Church Lane, Abington, Cambridge | £ 595,000 | BUY | 6 / 10 | 0.08 KM |
Cambridge Road, Abington, Cambridge, Cambridgeshire, CB21 | £ 400,000 | BUY | Unknown | 0.22 KM |
Cambridge Road, Abington, Cambridge | £ 450,000 | BUY | Unknown | 0.22 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
33 Cambridge Road | £ 822,500 | 0.20 KM |
17 Cambridge Road | £ 528,000 | 0.20 KM |
49 Cambridge Road | £ 491,000 | 0.20 KM |
31 Cambridge Road | £ 330,000 | 0.20 KM |
33 Church Lane | £ 2,525,000 | 0.23 KM |