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SOLD STC

Self enclosed parcel of land in West Leith, Tring, Hertfordshire, HP23 6JJ

Guide Price
£149,000

£0.66 per sq ft

Business rates & charges may apply

Vantage Land, St. Albans
SIZE AVAILABLE

224,334 sq ft

20,841 sq m

SECTOR

Land for sale

Key features

  • Self-enclosed parcel of attractive grazing land
  • Private & secure gated access
  • Extensive road frontage
  • Just a 15 minute walk from Tring High Street
  • Close to development on Green Belt land
  • Affluent location
  • Excellent transport links
  • Within the London commuter belt
  • In an area where there is strong demand for land
  • We may be able to help if you have alternative size or budget requirements. Please contact Vantage Land.

Description

Coronavirus (COVID-19) information
Our friendly and experienced land consultants are working from home and are still here to help you with any enquiry you may have.

WHY BUY THIS LAND?
A desirable opportunity to purchase a self-enclosed parcel of attractive pasture land within the London commuter belt. The land measures 5.15 acres and is suitable for a variety of amenity, recreational or other uses (STPP).

The site is bounded by a mixture of fencing and mature hedgerows & trees. The site also enjoys extensive road frontage to West Leith and benefits from securely gated access, set back from the road.

The land is situated on the southern edge of Tring, just a 15 minute walk from its bustling High Street which offers an extensive mix of shops, cafes, bars and restaurants. It is also superbly located for road and rail links into London.

House prices in Tring are 64% above the national average reflecting the desirability of the area as a place to live and own property - including land. Indeed, the local council states that land for "small-scale 'hobby farming' and the demand for horse paddocks and ménages is on the increase, particularly on the urban fringe".

ACCESS
The land enjoys extensive road frontage onto West Leith & the A41 and benefits from securely gated access set back from the road.

LOCATION
- 0.8 miles to Tring High Street
- 3.2 miles to Wendover
- 4.9 miles to Berkhamsted
- 6.2 miles to Aylesbury
- 9.0 miles to Hemel Hempstead
- 11.2 miles to High Wycombe
- 14.5 miles to St Albans
- 14.9 miles to Watford
- 30.3 miles to Central London

The land lies in the historic market town of Tring in west Hertfordshire, on the border with Buckinghamshire. Its pretty Victorian High Street offers an extensive mix of independently run shops, cafes, bars and restaurants. With a long history in local speciality foods, you will still find the Charter Market taking place every Friday as well as a fortnightly Saturday Farmers Market.

In 2008 Tring became a 'Transition Town' with a vision for a better, more resilient, vibrant and sustainable local economy and environment. The friendly community is extremely supportive of local trade with residents opting to buy from local independent businesses.

Slightly further afield lie historic Berkhamsted and the large county town of Aylesbury, both offering even further retail and leisure facilities.

Tring lies within the London commuter belt and the land is well located for good transport links. The nearby A41 connects you quickly to the M25 and in turn London and the wider motorway network. Tring station provides fast and frequent services into London Euston in just 39 minutes.

TRANSPORT LINKS
- 0.8 miles to the A41
- 2.5 miles to Tring Train Station *
- 11.2 miles to the M1 (junction 8)
- 11.5 miles to the M25 (junction 20)

* Journey Times: 17 mins to Watford Junction; 21 mins to Milton Keynes Central; 39 mins to London Euston

LOCAL DEVELOPMENT
The local council's strategic plan identified six Green Belt sites for housing development and other associated uses.

Of particular note is "Local Allocation 5 (LA5)" at Icknield Way, West of Tring - less than half a mile from the land for sale.

CALA Homes has obtained planning consent on this land within the Chilterns Area of Outstanding Natural Beauty (AONB) and the Green Belt for 226 high quality homes.

The development will also include attractive public open space providing links with the wider countryside, children's play areas, as well as pedestrian and cycle routes. The project may also see potential extensions to both the Icknield Way Industrial Estate and the local cemetery.

LOCAL AUTHORITY
Dacorum Borough Council

HOUSE PRICES
The land is situated within an affluent area where house prices in Tring are 44% above the regional average and 64% above the national average (Zoopla).

These premium house prices reflect the desirability of the area as a place to live and own property - including land.

PLANNING
The land is situated within the Chiltern Hills Area of Outstanding Natural Beauty (AONB) and the Green Belt. The land also lies within part of an Area of Archaeological Interest. Any development would be subject to the appropriate planning permission.

OVERAGE
The land is subject to an Overage based on 20% of any uplift in value following the grant of planning permission for development other than that which is for agricultural or private equestrian purposes. The Overage period is 20 years from October 2020.

LAND VALUES
Record-breaking low supply and rising demand are elements that have stood out for the land market so far in 2020. The property market was hit hard by the coronavirus pandemic, but the market for blocks of bare land, in contrast, remains strong.

Indeed, the land market has a strong track record of not being very affected in times of economic uncertainty. Land remains a stable, tangible asset seen as a safe haven by investors for their capital.

Land continues to be in considerable demand for capital investment for many non-farming reasons, including development potential, privacy, tax reasons, or amenity use.

METHOD OF SALE
The land is offered for sale by private treaty. The freehold is available with vacant possession upon completion. If you have an alternative budget or size requirement, we may be able help. Please contact Vantage Land for more information.

VIEWING
Our friendly and experienced land consultants are working from home and are still here to help you with any enquiry you may have. To arrange a site visit, please contact Vantage Land.

Brochures

Self enclosed parcel of land in West Leith, Tring, Hertfordshire, HP23 6JJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tring Station2.5 miles
  • Wendover Station3.5 miles
  • Stoke Mandeville Station4.7 miles

Notes

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Disclaimer - Property reference WestLeithTring. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Vantage Land, St. Albans. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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