Our Summary

STRATEGIC LAND FOR SALE ON A RESIDENTIAL ROAD, CLOSE TO GREEN BELT DEVELOPMENT Mancroft Corner offers an extremely desirable opportunity to acquire a strategic parcel of gently undulating pasture land on a residential road

Situated close to development within the Green Belt, the property presents an appealing long-term investment opportunity, with future planning potential subject to the necessary consents

A particular advantage is that the land is offered without an overage or clawback – an increasingly rare feature in today’s land market, ensuring purchasers retain the full benefit of any future uplift in value

chimp 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 all within a mile of the land for sale

Most notably is: CB/19/00032/FULL Proposed "New Residential Retirement Care Village" which will see the creation of 158 new homes, just east of the land for sale

Any development would be subject to the appropriate planning permission

Description

The property is a 5.28-acre parcel of gently undulating pasture land situated on a residential road, approximately 1.2 miles south of Markyate and 2.4 miles east of Luton. The land enjoys extensive frontage to two public highways and is enclosed by mature hedgerows and fencing, with gated entrance access on the north side. It has frontage onto Markyate Road and Mancroft Road, with excellent transport links and access to the M1 motorway, just 1.0 miles away.

The land is flat and has an area of approximately 5.28 acres.

Land

Next Steps

Our Summary

Description