Land at Bancroft Farm, Little Abington, Cambridge
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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 %
from 372,513.00 £
Average area rental value
1,276.00 £/mo
Decreased by 16.33 %
from 1,525.00 £/mo
Est rental Yield
4.07 %
Decreased by 17.11 %
from 4.91 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Cheffins Residential marked this listing as sold.

  • Cheffins Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Great Abington Primary SchoolCommunity SchoolGood0.76 KM
Babraham Cofe (Vc) Primary SchoolAcademy Converter2.87 KM
Linton Village CollegeAcademy ConverterRequires improvement5.01 KM
Granta SchoolCommunity Special SchoolGood5.13 KM
The Icknield Primary SchoolAcademy Converter5.81 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Newmarket Road £ 1,000,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Whittlesford Parkway7047WLF7.69 KM
Great Chesterford7032GRC8.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
Land at Bancroft Farm, Little Abington, Cambridge £ 2,000,000BUY5 / 100.00 KM
Church Lane, Abington £ 700,000BUYUnknown0.07 KM
Church Lane, Abington, Cambridge £ 595,000BUY6 / 100.08 KM
Cambridge Road, Abington, Cambridge, Cambridgeshire, CB21 £ 400,000BUYUnknown0.22 KM
Cambridge Road, Abington, Cambridge £ 450,000BUYUnknown0.22 KM

Nearby Properties

AddressPriceDistance
33 Cambridge Road £ 822,5000.20 KM
17 Cambridge Road £ 528,0000.20 KM
49 Cambridge Road £ 491,0000.20 KM
31 Cambridge Road £ 330,0000.20 KM
33 Church Lane £ 2,525,0000.23 KM