Dukes Lake and Associated Land, Wolvercote OX2

Dukes Lake and Associated Land, Wolvercote OX2

30.8 acres (12.5 hectares)

Asking price £100,000
Oxford Parkway 1.3 miles
Oxford 2.9 miles
Jurys Inn 0.8 miles

UNDER OFFER

Road fronted land and an open body of water within striking distance of Oxford.

Road fronted land and an open body of water within striking distance of Oxford.

An exciting opportunity to purchase The Duke’s Lake and a block of agricultural land on the immediate outskirts of Oxford. The land is relatively unmanaged and has access from the A40. The lake will be accessed via the same and over the Duke’s Cut.

In all extending to 30.83 acres (12.47 Ha).

Location
The property is located to the North of Oxford, three miles from Oxford station and just outside the Oxford ring road. The property is located directly off the Northern Bypass Road (A40) and is around half a mile from the Pear tree roundabout.

Land
The Property includes all of the land within the Land Registry Title Number On257303. The land extends to 12.95 acres (5.24 ha) and is restricted to agricultural use only with a right of way through it in favour of an adjacent boat lift. Requiring clearance, it is overgrown and lends itself to clearance prior to use in accordance with its restriction. The Duke’s Lake is an open body of water of about 17.88 acres (7.23 ha) located across the Duke’s Cut which links the Wolvercote Mill Stream and Oxford Canal. We understand that the lakes level is higher than the surrounding water courses. There is no current link over the Duke’s Cut from the property.

Method of Sale
For sale by private treaty as a whole.

Tenure & Possession
The property will be sold with vacant possession barring the current occupations such as the moored vessels against the Duke’s Cut.

Overage
The sale will include an overage for a period of 25 years from the date of completion. Should planning permission be granted for any alternative uses, 20% of the uplift in value will be payable to the seller.
Conservation enhancement and renewable energy schemes are excluded from the overage.

Designations
The property sits within the Oxford Greenbelt.
The property sits adjacent to the Pixey and Yarnton Meads SSSI and the Oxford Meadows SAC.

Additional Information
A document condensing the title restrictions can be made available. The purchaser should satisfy themselves on the responsibilities and due diligence required as a riparian owner. Details can be found on https://www.gov.uk/guidance/owning-a-watercourse.

Services
No known services are connected to the property.

Wayleaves, Easements & Rights of Way
The property is sold subject to the benefit of all rights including rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements and proposed wayleaves from masts, pylons, stays, cables, drains, water, gas and other pipes, whether specifically referred to or not.
The vendor will reserve a right of way to the adjacent boat lift, route marked in brown on the plan.

Health & Safety
All viewings are carried out at the sole risk of the viewer and neither the selling agents nor the vendor takes responsibility.

Sporting Timber & Mineral Rights
The mineral, sporting and timber rights are included in the sale of the freehold in so far as that are owned.

Local Authority
Oxford City Council https://www.oxford.gov.uk/

Viewings
Viewings are by appointment only by contacting the sole selling agents Carter Jonas, Oxford.

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
  • Their wholesale interest rates can be lower than retail (bank branch) interest rates
  • They offer more loan options because they work with numerous banks and lenders
  • They can finance tricky deals because of their knowledge and various lending partners
  • They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

  • You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
  • You may already know the banker who will handle your mortgage
  • Banks may be more accountable than a smaller shop
  • They may offer lower interest rates in some cases
  • Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

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.

Once you’ve found a property you want to buy, it’s time to make an offer. 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.

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 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.

Key property details
Locality
Rural
Property type
Land
Total land
30.8 acres (12.5 hectares)
Carter Jonas reference
OXR240004
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