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3 acres, Lot 1 at Kenley, London
Sold

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  • 2.52 acres of grazing land
  • Inside the M25 and just 13 miles from Central London
  • Rarely available on the open market
  • Road frontage
  • Private gated access
  • On a much sought-after road
  • Where house prices are 144% above the national average

An extremely rare opportunity to own a parcel of flat, pasture land inside the M25 and close to Central London. Measuring 2.5 acres, the land is suitable for amenity or recreational use, or for a variety of other uses (STPP).

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 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.

ACCESS
The land benefits from road frontage and direct access off Kenley Lane.

LOCATION
- 1.8 miles to Purley
- 1.8 miles to Coulsdon
- 2.4 miles to Caterham
- 4.2 miles to Croydon
- 7.5 miles to Epsom
- 7.9 miles to Bromley
- 10.3 miles to Lingfield
- 12.7 miles to Sevenoaks
- 13.3 miles to Central London

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.

TRANSPORT LINKS
- 0.7 miles to Kenley Train Station*
- 0.8 miles to the A22
- 0.9 miles to Upper Warlingham Train Station**
- 1.8 miles to the A23
- 3.4 miles to the M23
- 4.1 miles to the M25 (J6)
- 11.3 miles to London Gatwick Airport

LAND PRICES
Pasture land values in the region are 12% higher than the England & Wales average and some of the highest in the country.

The supply of farmland to the market last year was down 16% compared to the previous year, and down 8% compared to the 10-year average. Demand for land remains robust - especially from investors looking for more than a 'safe' investment in uncertain times - and this together with the diminishing supply, may help strengthen land values.

HOUSE PRICES
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. These premium house prices reflect the desirability of the area as a place to live and own property - including land.

PLANNING
The land is designated as Green Belt and is a Site of Nature Conservation Importance. The land also falls within an Archaeological Priority Area. Any development would be subject to the appropriate planning permission.

OVERAGE
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.

LOCAL AUTHORITY
London Borough of Croydon

METHOD OF SALE
The land is offered for sale by private treaty. The freehold is available with vacant possession upon completion.

VIEWING
To arrange a site visit, please call 01727 701630 or email enquiries@vantageland.co.uk.

Disclaimer

Property Ref.WdDBvZ3x. The information about this property is an advertisement displayed on our website by the agent referred to above. This advertisement does not comprise property particulars. AMC does not warrant its accuracy or completeness or the accuracy or completeness of any linked or associated information. Please see website terms of use