Land for sale

WHY BUY THIS LAND?

This is a desirable opportunity for you to own a regular block of attractive, gently undulating pasture land in the much sought-after market town of Tring, within the London commuter belt.

Totalling 2.19 acres, the land benefits from well-defined, fenced boundaries and road frontage onto the affluent residential West Leith road. The land is suitable for a range of recreational and amenity uses subject to any necessary consents.

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 60% 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 menages is on the increase, particularly on the urban fringe".

ACCESS

The site enjoys extensive road frontage onto the affluent, residential West Leith road. Access is via a secure double-gated entrance to the west, that is set- back from the road.

WHAT3WORDS

The double-gated entrance off West Leith road can be found here – ///eagle.buzzing.outbursts

The approximate location of the land for sale can be found here – ///moment.competing.totally

LAND VALUES

Land values in the region rose by 6% last year, higher than the national average, despite numerous challenges in the local market & global economy. This once again shows the inherent resilience of agricultural land as a tangible asset.

With a wide range of potential uses, agricultural land remains an attractive investment for a diverse range of buyers. This is supported by the fact that, in the past 5 years, land values have risen by 31%, outperforming the FTSE 100, UK property prices and interest from savings in the bank.

These rises are driven by low levels of land availability, as demand continues to outstrip supply.

PLANNING

The land is situated within the Chiltern Hills National Landscape and the Green Belt. Any development or change of use would be subject to the appropriate permission.

LOCAL AUTHORITY

Dacorum Borough Council

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.

PROPERTY PRICES

The land is situated within an affluent area. Property prices in Tring are 60% above the national average. These premium house prices reflect the desirability of the area as a place to live and own property – including land.

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

METHOD OF SALE

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

VIEWING

Please contact Vantage Land for viewing instructions.