About this property
Key Features
Freehold with vacant possession
Offered as Lot 4 of 4 adjacent lots
Edge of village location
1.71 acres of arable land
Description
A single parcel of level arable land immediately adjacent to the main yard and buildings.
A right of way will be granted from North End and across Lot 15 to access the land, see legal pack for more information.
A public footpath crosses the eastern end of the land.
Tenure
Freehold with vacant possession
Location
Northfield House is located in the popular village of Meldreth which has a good range of local services and amenities. The village has excellent transport links, with Meldreth Station providing mainline rail services between London and Cambridge, and easy access to the nearby A10 and A505 road networks. Meldreth is located approximately 10 miles from the University City of Cambridge and 3 miles from the market town of Royston.
Auctioneers Note
The land is sold subject to a Development Overage for a period of 30 years from completion in the event that planning permission, change of use, permitted development (e.g. Class Q or Class R) is granted for residential use.
The uplift will be for 30% of any net development value and the Overage Payment will be triggered by implementation of planning permission or sale of the property with planning permission and payable within 1 month of the trigger date.
Freehold with vacant possession (subject to holdover for the harvest of 2026 crop)
Wayleaves, Easements, Covenants and Rights of Way
The property is sold subject to all wayleaves, easements, covenants and rights of way whether or not disclosed.
Lot Type
Land
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Michael Gill at Tees Law, Tees House, 95, London Road, Bishops Stortford, CM23 3GW
Viewing
Cheffins Property Auction Dept 01223 213777
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.�