4.1 acres of strategic land in Slip End, Bedfordshire

WHY BUY THIS LAND?
This a fantastic opportunity for you to own a parcel of pasture land in a popular location. Measuring over 4 acres the land is pleasantly situated on the Bedfordshire/Hertfordshire border on the edge of the large village of Slip End, close to good amenities and excellent transport links.

The land would be suitable for grazing, as a smallholding for hobby farming or for a variety of other recreational or amenity uses subject to any necessary planning consent. It should also be noted that there are several case of residential development within the Green Belt all within a mile of the land.

Most notably is the proposed development of a "New Residential Retirement Care Village" which will see the creation of 158 new homes. This Green Belt site borders the land for sale.

ACCESS
Access is via a secure gate from Mancroft Road to the west. Full vehicular right of way is provided via an easement. Please contact Vantage Land if you require any further information.

LOCAL DEVELOPMENT
Central Bedfordshire Council's Local Plan states that whilst some development can take place beyond the Green Belt and within the existing urban areas, the total amount of land available is well below that needed to meet the requirements of the Plan and that some development is needed within the Green Belt.

There have been several cases of development within the Green Belt all within a mile of the land for sale.

Most notably is the proposed development of a "New Residential Retirement Care Village" (Planning Ref. CB/19/00032/FULL) which will see the creation of 158 new homes. This site borders the land for sale.

Other Green Belt sites include:

CB/20/03894/FULL
Erection of two new bungalows on land with stable block and outbuildings adjacent to 66 Woodside Road just 0.3 miles away.

CB/19/00469/OUT
Rural exception housing scheme comprising the erection of up to 19 dwellings on land at Mancroft Road just 0.8 miles away.

CB/15/00275/OUT
8 detached houses and 4 semi-detached houses on land previously used as a farm yard on Grove Road just 0.6 miles away. This development has been completed.

PLANNING
The Green Belt within Central Bedfordshire falls into two categories; 'inset' and 'washed over'. 'Inset' Green Belt settlements are excluded from the Green Belt. This means that within these settlements normal planning policy applies.

The land for sale in Slip End favourably falls under 'inset' Green Belt. Any development would be subject to the appropriate planning permission, but normal planning policy applies.

OVERAGE
There is no overage or clawback on this land - rare in today's land market.

LOCAL AUTHORITY
Central Bedfordshire Council

LOCATION
- West of Slip End
- South of Caddington
- 1.2 miles to Markyate
- 2.4 miles to Luton
- 4.6 miles to Harpenden
- 8.1 miles to Berkhamsted
- 8.3 miles to St Albans
- 27.4 miles to Central London

The land is situated on the Bedfordshire/Hertfordshire border between the popular villages of Slip End, Caddington & Markyate.

Slip End is less than a mile from the land. Here you can find two outstanding pubs, a friendly local superstore and a good school.

The larger villages of Caddington & Markyate, offer further amenities, with a good variety of well-known and independent shops, cafés, restaurants, pubs and a range of other day-to-day services available. More extensive facilities can be found in the nearby bustling and affluent areas of Harpenden, Berkhamsted & St Albans; home to numerous boutique shops, restaurants & bars.

The land lies close to excellent transport links with easy access to the M1 motorway from junction 10 giving you access to the M25 and the larger motorway network. International travel is provided by nearby London Luton Airport, whilst trains from Luton station can reach London in less than 30 minutes.

TRANSPORT LINKS
- 1.0 miles to the M1 (junction 10)
- 1.1 miles to the A5183
- 2.6 miles to Luton Train Station *
- 3.6 miles to London Luton Airport
- 9.7 miles to the M25 (junction 21)

* Journey Times: 8 mins to Harpenden; 13 mins to St Albans; 26 mins to London St Pancras International

LAND VALUES
Land values rose again last quarter by 2%, bringing growth over the past 12 months to 7%.

Once again land has outperformed other asset classes during this time especially at a time when most residential property prices fell.

A lack of supply and continued strong demand from a wide variety of buyers helped support these rising land values, despite the recent downturn in economic conditions as land continues to be regarded as a tangible safe-haven for investors.

Going forward, the outlook for the land market is positive as the trend of low supply and high demand look set to continue to drive up land values.

METHOD OF SALE
The land is offered for sale by private treaty. The freehold is available with vacant possession on completion.

VIEWING
To arrange a viewing, please contact Vantage Land.