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Property for sale Eye, Peterborough

Guide Price

£120,000

Added yesterday

Tenure: Ask agent

About this property

A rare opportunity to acquire a generously sized parcel of garden land situated on the sought-after Back Lane in the popular town of Eye. This plot currently features a substantial double garage and workshop building, already connected to electricity, water, and drainage, offering excellent infrastructure for future development. Key Features: - Garden land with scope for residential development (subject to planning permission) - Potential for 1–2 detached bungalows with gardens and off-road parking - Existing double garage and workshop on-site Mains electric, water, and drainage already connected - Attractive edge-of-town setting on a quiet no-through lane - Easy access to local amenities in Eye, a thriving market town - Approximate plot size: approx.

Council tax

Ask agent

Location

Eye, Peterborough

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Mortgage and stamp duty

Property price £120,000

£60k £180k

Deposit10% £12,000

£0 £120k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £108,000 mortgage. Most lenders would want a household income of about £24,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.