Investment Land For Sale Near Cambridge

Land investment specialist offers land for sale in Cambridge. Cambridge is a great area to purchase land for sale because of EERA forward housing targets and councils recorded propensity to build on greenfield land.

(PRWEB) March 12, 2005 -- Land investment specialist Property Spy is delighted to announce the launch of land for sale at a new site near Cambridge. The East of England Regional Assembly has earmarked Cambridge for 47,000 new homes. The site is located only a few miles away out from the city centre, making it a good opportunity for those considering investing in land.

Property Spy pioneered the sale of investment plots and its portfolio now includes over 30 sites. across the UK, including the Northwest and Southeast.

Property Spys Head of Sales, Maree Henderson comments on the growth of land as an investment opportunity, Over the past few years, we have witnessed a considerable growth in the number of private individuals buying land for sale as an investment".

In November 2004, the Royal Chartered Institute of Surveyors concluded that private investors were now using land as an alternative to traditional stocks and shares. Overall rural land prices had risen by 30% in the previous 12 months and 130% since the 1990s, demonstrating why land is now an attractive investment opportunity.

Maree Henderson continues, We are very excited to be able to offer land for sale within the Cambridge area because of the EERAs forward housing targets. We expect the site to prove very popular and to sell out quickly. Initial investor interest has been considerable."

Our land for sale is located within the South Cambridge District. The Cambridge Evening news reported last year that this council had used greenfield sites for approximately 58% of all new development. This fact, combined with the forward housing targets for Cambridge, suggest that land for sale in the area could be a good investment opportunity. We source our land carefully, close to existing development and well located in terms of local amenities and access to travel links. We feel such sites have the best possible potential for future development, although this is ultimately the decision of national or local planners.

The land for sale does not have planning consent and we cannot guarantee that planning approval will be granted in the future. As part of our customer care process, we insist that all of our customers appoint an independent solicitor to give them professional advice and to act on their behalf throughout the buying process.

Anyone interested in obtaining details about plots near Cambridge should contact Property Spy on 0845 121 2061

Notes for Editors

1. Property Spy pioneered the sale of investment plots and have been established for five years, selling freehold land as a long-term speculative investment.

For further information, please contact:

Nikki Simpson

01727 817347

nikki.simpson@Property Spy.com

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