Newmarket Road, Fordham CB7

Newmarket Road, Fordham CB7

161.6 acres (65.4 hectares)

Asking price £1,350,000
Newmarket 4.3 miles
Mill Lane 0.5 miles
River Lane 0.6 miles

A single block of 161.62
acres (65.41 ha) of arable
farmland and woodland.

A single block of 161.62acres (65.41 ha) of arable farmland and woodland.

The Farmland at Fordham Abbey is located a short distance to the south of the village of Fordham. The nearby town of Newmarket provides easy access to the A14 trunk road and local rail connections, whilst there is a direct main line rail connection at Cambridge to London Kings Cross.

PROPERTY
The land is divided between a number of field enclosures which are conveniently shaped and well suited to modern machinery and farming practices. There are also several parcels of amenity woodland. Designated as Grade 2, the soils belong to the Blacktoft series, described as deep stoneless permeable calcareous fine and coarse silty soils with some calcareous clayey soils.

LOCATION
The land is located off Newmarket Road to the rear of the Dojima Sake Brewery at Fordham Abbey. The access way is via a right of way along a secondary drive past a lodge, and along a metalled track to the holding.

METHOD OF SALE
The property is offered for sale by private treaty as a whole as identified on the sale plan.

TENURE & POSESSION
The property is offered freehold with vacant possession, except in relation to Underdown Plantation over which Natural England hold a lease from 25th March 2002 until 24th March 2023.

BASIC PAYMENT SCHEME
The land is registered with the Rural Payments Agency for the Basic Payment Scheme. These entitlements are available to purchase by separate negotiation. Further details on the number of entitlements are available from he Agents. The vendor will retain the 2020 Basic Payment Claim. There is to be no retention of the sale price for entitlements

ENVIRONMENTAL SCHEMES
The property is subject to a Woodland Management Plan which is a 10 year agreement from 2016, further details are available from the selling agent.

HOLDOVER & EARLY ENTRY
Standing Crop: As at September 2020 there will be no crop in the ground, should the sale complete after the 2021 crop has been drilled then the value of the standing crop will be valued by the selling agent and the value of that added to the sale price.

DRAINAGE
There are drainage rates payable in respect of the land.

IRRIGATION
Abstraction Licences: The land benefits from two water abstraction licences with a total volume 4,546 cubic meters per year. Further details available from the selling agent.

ADDITIONAL INFORMATION
Access: The land is accessed via a right of way along a private metalled road coloured brown on the sale plan.

SUNNICA SOLAR FARM
It It is understood that the cable route for the proposed solar farm to the substation at Burwell would run across the south western corner of the holding.

WAYLEAVES EASEMENTS & RIGHTS OF WAY
The land is sold subject to and with he benefit of all existing wayleaves, easements, covenants and rights of way whether or not disclosed.

HEALTH & SAFETY
Potential purchasers are requested to take particular care when inspecting the land, wearing appropriate footwear for uneven terrain and potentially slippery surfaces and being aware of farm machinery operations which may be occurring on the land at the time of inspection.

VAT
The Vendor has not opted for tax (VAT) in respect of this property asset and therefore no VAT will be charged on the freehold sale of the property.

SPORTING TIMBER & MINERAL
RIGHTS All sporting, timber and mineral rights available will be sold with the land.

VIEWINGS
Viewings are strictly by appointment with the Agent. For further information please contact Mark Russell or Jack Cook, Carter Jonas Cambridge Office 01223 346600

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.
 
To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.
 
Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Wholesale interest rates can be lower than retail (bank branch) interest rates
  • You get more loan options because they work with numerous banks and lenders
  • Brokers can finance tricky deals because of their knowledge and various lending partners
  • Are typically easier to get in contact with, less bureaucratic.

However with your bank maybe able to:

  • Build off existing relationship (discounts if you have a checking/saving account)
  • You may already know the banker who will handle your mortgage
  • Perhaps more trustworthy, more accountable than a smaller shop
  • Lower interest rates in some cases
  • Ability to add mortgage to existing banking profile and make automatic payments from linked account.

When it comes to making an offer on a property a bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.


We want to make the offer process as simple as possible and by registering with an account with Carter Jonas today, you can make offers on any of our properties online and at your convenience. Just register with us online and click the 'make an offer' button on any of our properties.

 

If you have a property to sell, why not see how we can help you. Did you know we can offer all our residential clients a login that will allow them to track their property sale online.

Our offices are also open longer during the week and weekends and we can take calls from potential buyers 24 hours a day 365 days a year.

We can even take the stress out of managing your rental, our award winning lettings team offer a service that can be tailored to your needs.

Combined with over 150 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how
Carter Jonas can help you make your next move.

Whether you are looking for office or house, a farm or estate the UK property market is notoriously fast moving.

So if you want to be at the front of the property queue, ensure you are signed up to receive daily property alerts and gain instant access to your saved properties and frequent searches.

Also by registering with us online you will receive select research and relevant publications before anybody else and gain access to helpful guides, which will aid you with your property purchase.

Don't forget to use our innovative and unique property wizard to help you find properties you would may not have initially considered, and remember that by registering an account you can make an offer online on your dream home 24/7.

  • Receive email alerts
  • Fast access to your recent searches
  • Publication before anyone else
  • Helpful guides to aid you in your property search
  • Make offers on property online.

Viewing a house or flat can be an exciting time, but remember to register with you local office of Carter Jonas first.

This could give you access to confidential sales (properties we are requested not to advertise) which you will never see online.

It's also worth registering with us online, here you can setup email alerts which will be sent daily, updating you on the latest properties that match your requirements.
 
When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Key Property Details
Locality
Rural Village
Property type
Land Farm
Total land
161.6 acres (65.4 hectares)
Carter Jonas reference
CBR200025
Search similar in neighbouring areas

suggested properties

Here are a few properties you might like, but within 2 extra miles of your current search

Guide price £1,150,000
Agricultural
Guide price £1,950,000 29 acres (11.7 hectares)
Agricultural
Price on Application 32.9 acres (13.3 hectares)
Agricultural
Asking price £1,350,000 161.6 acres (65.4 hectares)
Agricultural
Thinking of selling?

FIND OUT WHAT YOUR PROPERTY IS WORTH