Kenley Lane, Kenley, London, CR8 5ED
An extremely rare opportunity to own a parcel of flat, pasture land inside the M25 and close to Central London. Totalling just over 5 acres, the land is for sale as a whole or in lots suitable for amenity or recreational use, or for paddock conversion.
The land lies within the London Borough of Croydon in the district of Kenley. To the south is Kenley Common; 138 acres of beautiful open green space with stunning views. This, combined with Central London just 13 miles to the north and excellent transport links, makes Kenley a much sought-after and extremely enviable location.
The land is surrounded by housing and each lot benefits from good road frontage and direct access off Kenley Lane. House prices here are 74% above the London Borough’s average and 144% above the national average reflecting the desirability of the area as a place to own property – including land.
Both lots benefit from road frontage and direct access off Kenley Lane. Please note that the entrance gate to Lot 1 will need to be reinstated by the purchaser.
The land is offered for sale by private treaty as a whole or in lots. The freehold is available with vacant possession upon completion.
The land is subject to an Overage based on 25% of any uplift in value following the grant of planning permission for development other than that which is for agricultural or equestrian purposes. The Overage period is 33 years from the date of completion.
The land is designated as Green Belt and is a Site of Nature Conservation Importance. The land also falls within an Archaeological Priority Area (Tier 3). Any development would be subject to the appropriate planning permission.
Non-farming buyers set the pace in rising farmland market
Despite the Brexit-related uncertainties, the farmland market has proven more resilient than many might have predicted as land prices increased 2% last year.
Investors have played an increasing role in the farmland market as they tend to be attracted to tangible assets as they see them as a safe haven for their capital. Land in the right location remains in considerable demand for capital investment for many non-farming reasons, including development potential, privacy, tax reasons, or amenity.
In the immediate future it is anticipated that land prices will continue to rise, supported by a lack of supply.
If you are lookig to buy land in a different location, why not take a look at:
The land is available freehold as a whole or in lots. The site plan is indicative and Vantage Land may be able to amend the plan to offer you the acreage you require. Please call 01582 788870 if you have an alternative budget or size requirement.
Kenley Lane, Kenley, London, CR8 5ED
London Borough of Croydon
The land is situated in an extremely affluent area where house prices on Kenley Lane are 74% above the London Borough's average and 144% 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.
The land is located in Kenley within the London Borough of Croydon - the second largest London borough. Kenley borders Purley, Coulson, Riddlesdown, Caterham and Whyteleafe.
To the south lies Kenley Common; 138 acres of green open space with magnificent views across the Caterham valley and the North Downs. With Central London just 13 miles to the north, the land really does lie in an enviable location.
* Journey Times: 9 mins to Purley; 10 mins to Caterham; 12 mins to South Croydon
** Journey Times: 11 mins to East Croydon; 24 mins to Clapham Junction; 31 mins to London Victoria; 39 mins to London Bridge
To arrange a site visit or to buy the land for sale in Kenley; please call 01582 788870 or email email@example.com.
The Property Misdescriptions Act 1991
Vantage Land Limited has produced these particulars in good faith but cannot guarantee total accuracy. Sizes and distances are approximate. Purchasers should verify any detail of importance prior to viewing and purchase. The particulars are not an offer or contract. Comments made in general advertising may not apply to this particular property and of course planning permission cannot be guaranteed.