Land for sale

LAND FOR SALE ON AN AFFLUENT RESIDENDTIAL ROAD JUST A SHORT WALK FROM TRING HIGH STREET

A desirable opportunity to purchase a self-enclosed parcel of attractive, gently undulating pasture land within the London commuter belt.

Totalling just over 5 acres, the land is suitable for a variety of amenity, recreational or other uses (STPP).

The site enjoys extensive road frontage and benefits from excellent access via a secure double-gated entrance that is 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 79% 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 both the West Leith road & A41. Direct access from West Leith is via a secure double-gated entrance that is set- back from the road.

WHAT3WORDS

The approximate location of the entrance can be found here - ///eagle.buzzing.outbursts

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 Area of Outstanding Natural Beauty (AONB) and the Green Belt. The land also lies within part of an Area of Archaeological Interest. 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 79% 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.