4.1 acres of strategic land near Slip End, Bedfordshire / Hertfordshire

BEST & FINAL OFFERS
With a number of interested parties looking to purchase the land for sale near Slip End, we have been asked by the vendor to take the land to 'Best & Final Offers'. We invite you to submit your best & final offer in writing by 12:00 noon on Tuesday, 6th August 2024. Offers can be made using the Best & Finals form which you can download below. Full instructions, terms and conditions can be found on the accompanying letter.

WHY BUY THIS LAND?
This a wonderful opportunity for you to own a strategic parcel of pasture land in a popular location. Measuring 4.09 acres, the land is flat and bordered on two sides by a mixture of mature hedgerow & trees. Access is from a gate on Mancroft Road to the south-west.

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 consents. It should also be noted that there are several cases of residential development within the Green Belt close to the land for sale.

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 close to the land for sale including:

Planning Ref. CB/19/00032/FULL
Proposed "New Residential Retirement Care Village" which will see the creation of 158 new homes, just south-east of the land for sale.

Planning Ref. CB/20/03894/FULL
Erection of two new bungalows on land with stable block and outbuildings adjacent to 66 Woodside Road, just north-west of the land for sale.

Planning Ref. 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.

Planning Ref. 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.

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.

NO 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 lies just east of 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 continued to rise last quarter. In the past year, prices in this region have risen 7%, outperforming the FTSE 100, UK house prices and interest from savings in the bank.

These increases are also outpacing inflation as land continues to be seen as a tangible safe-haven for investment.

Investors are also competing with a wide variety of lifestyle and environmentally-motivated buyers as demand once again outstrips supply.

This imbalance between supply and demand doesn't look to change and will continue to drive up land values.

METHOD OF SALE
The land is offered for sale by informal tender. We invite you to submit your best & final offers in writing by 12:00 noon on Tuesday, 6th August 2024. The freehold is available with vacant possession on completion.

ACCESS
Access is via a secure gate from Mancroft Road to the south-west. Full vehicular right of way is provided via an easement. There is a public footpath that runs along the eastern boundary of the site.

VIEWING
To arrange a viewing, please contact Vantage Land.