# Land for sale (PE28 0TD)

## Property Details

| Key | Value |
|-----|-------|
| Address | THE GABLES, 18, HIGH STREET, HUNTINGDON, SPALDWICK, CAMBRIDGESHIRE PE28 0TD |
| Price | £110,000 |
| Last sold | £575,000 Dec 2013 |

## Description

TO BE OFFERED BY ONLINE AUCTION ON 09/08/2023 10:45

As an auction property the details are subject to change. Please check our website for any updates or addendum entries.

**Description**

The property comprises a parcel of land approximately 0.80 Acre (0.33 Hectare)that is situated in a residential area. It is currently overgrown and un-managed and there are a number of dilapidated buildings on site.   Please note the land is sold subject to an Overage Agreement and a copy with full details is contained within the Legal Pack.

Subject to obtaining any necessary consents the land may have development potential but interested parties should satisfy themselves in this regard and make their won enquiries direct with the Local Planning Office:  

**Location**

Location

The land is situated to the south of18 High Street and to the north of  Burton Way. A track leads from High Street along the eastern boundary of the land.  Spaldwick is a village that lies just off the A14, approximately 7 miles to the east of Huntingdon.

**Tenure**

Freehold.

**Buyer's Administration Fee**

There will be a Buyer's Administration Fee of £2,400(inc VAT) payable upon exchange of contracts.

**Additional Information**

1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

## Property Photos

- ![Photo](/listings/photos/137241173/187190)
- ![Photo](/listings/photos/137241173/187192)
- ![Photo](/listings/photos/137241173/187194)
- ![Photo](/listings/photos/137241173/187196)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE GABLES, 18 HIGH STREET, SPALDWICK, HUNTINGDON, HUNTINGDONSHIRE, CAMBRIDGESHIRE, PE28 0TD | £575,000 | 10/12/2013 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 15 HIGH STREET, SPALDWICK, HUNTINGDON, HUNTINGDONSHIRE, CAMBRIDGESHIRE, PE28 0TD | £1,000,000 | 29/10/2021 | Other |

**Area average:** £1,000,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £3,267,961 (7 Other, PE28, 2024–2026)
- **Deviation:** -96.6%

## Rental Range

*ONS Price Index of Private Rents (Huntingdonshire). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £941/mo
- **Realistic:** £1,046/mo
- **Optimistic:** £1,151/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Huntingdon (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 4 Bed Detached House, Fuller Close, PE28 | £2,500/mo | 4 | 0.16 miles | OpenRent |

**Average rent: £2,500/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 2.27% (strong)
- **Max investor price (0.8%):** £312,500
- **Target investor price (1%):** £250,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,500/mo).*

- **Gross yield:** 27.3%
- **Cost-to-rent:** 3.7×
- **Monthly cashflow:** £1,792/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 67.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 822.9%
- **10y growth:** 1547.2%

## House Price Index (HM Land Registry)

*Official index for Huntingdonshire; All dwelling types series; as of March 2026.*

- **1y growth (index):** 4.1%
- **5y growth (index):** 17%
- **10y growth (index):** 39.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)