2022-08-08 01:07, User_1
For sale by traditional online auction
Prime Freehold Investment Land, Feltham Near London Heathrow
Land for Sale within London M25, Plot 250, Snakey Lane, Feltham, TW13 7NB
Planning gain opportunity
Ideal self-build potential (STPP)
Hands free investment prospect
Great location
Just 10 minutes from London Heathrow Airport
plot details:
Plot no: 165
approximate size 0.06 Acres - (2613.6 sqft)
Individual plots of land for investment, currently without planning. - An opportunity to get a building plot + potentially benefit from the planning uplift.
Secure Gated Access and Suitable Planned Roadways. Ideal opportunity for those looking to build their own home or a great investment prospect. - The plot could be used for a variety of uses, subject to obtaining all necessary consents. - Please make your own enquiries with Land Registry, Hounslow Borough Council and Solicitors.
This plot is part of a larger estate made up of a site totalling approx. 12 acres (4.85 hectares). - The site has been professionally divided into its numbered plots and registered with the Land Registry UK.
Location:
Situated a short drive from the UK's Largest Airport (LHR). Even better yet, it's not in the Heathrow flight path.
Adjacent to Staines Rugby Football Club and opposite Adrian Hall Garden Centres - Feltham
Minutes away from the A316 Transport links
Due to the Government's lifting of planning restrictions, land is ripe for development.
Note:
The pictures are used for illustration and identification purposes. Upon sale, your plot will have a unique title number issued by the Land Registry. The purchaser will pay seller's Solicitor fees.
Planning details:
This plot is being sold as an investment, with hope for future planning potential and growth, granted the relevant planning consent. There are overage covenants in place and restrictions with regards to materials used for construction (i.e. Can only be built of brick, stone, cement or similar). Although no one can guarantee the outcome of any planning permission application, we hope this site would take precedent in the local area due to the major lack of affordable housing.
Facts:
The land is currently recognised as greenbelt land which allows development of certain projects (STPP - Subject to Planning Permission). This is something you would need to check online or with the local council.
There are already a couple of different things going on at the land. There are some stables etc. Electric and Water is also present at the location.
Worst Case Scenario Planning Permission is not granted… but you may still benefit from Capital Growth.
Land is a finite resource, (no more is being made) and as such can only increase in value to accommodate the demand.
Land does not shrink, does not deteriorate (even if not used), no one can steal it and cannot be destroyed by fire.
Best Case Scenario Planning Permission is granted… and your property has the potential of increasing in price up to 10 times!
The value of residential land has increased on average, across the UK, by 926% over the past 20 years (source bbc).
The value of land has increased more than fivefold since 2008, outstripping the increase in the worth of the properties overlying it (source The Guardian).
The number of new homes being approved on greenbelt land in England has increased five-fold in the last five years, according to figures obtained by the bbc.
Truth Factor: N/A
