FREEHOLD INVESTMENT OPPORTUNITY · UNDER 3 MILES FROM WINDSOR CITY CENTRE AND TRAIN STATION · EXCELLENT COMMUTER LINKS VIA M4 & M25. M25 JUNCTION 15 - 10 MILES, HEATHROW AIRPORT - 12 MILES
The land available, outline in red, is 0.22 acres (9583sq.ft2) in size.
A freehold plot with considerable hope value in a prime and very desirable location with investment potential. The land is for sale freehold. Due to the sites location, local development and the need for housing in the area, the site could have long-term investment and development potential (STPP).
DEVELOPMENT ON GREEN BELT LAND
There is a significant demand for new housing in the region. One of the highest need is in the Royal Borough of Windsor and Maidenhead, which has a requirement of 1000's of new homes per year until 2033. The Boroughs Local Plan identifies how land is used, determining what and will be built and where. The proposed Local Plan published recently plans to build thousands of homes across several Green Belt sites including greenbelt land on the same road is now in the council local plan for development for 450 houses. The council has also identified another greenbelt plot for housing in Bray approx. 1 mile from this plot and as a result the vendor is of the opinion that the land has potential to be included in the near future.
Please see the plans attached showing these locations.
Information on the Borough Local Plan can be found in the Local Development Scheme document http://consult.rbwm.gov.uk/file/4979935 .
WHY BUY THIS LAND?
Organic growth values of land have traditionally been high, making this a very recession resistant investment over the long term.
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.
The land is located in a prime road in Berkshire with neighbouring properties selling in excess of £1million.
Set in the heart of the Thames Valley and less than 30 miles by road from central London, the pleasant village of Fifield is set on the B3024 under 3 miles from the centre of Windsor and is within easy reach of the M4 (J8j9), M25 (J15) and Heathrow. Windsor has two central train stations connecting to London's main line stations, Paddington and Waterloo. The range of venues in the area is vast with everything from country house hotels, riverside retreats, a theme park and world famous racecourses.
The land benefits from no special development clauses or fees. There are also no service or any charges in keeping the land.
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Please Note: These sales particulars have been prepared by HILTON KING & LOCKE upon the instructions of the vendor(s). Services, fittings and equipment referred to within the sales particulars have not been tested (unless otherwise stated) and no warranties can be given. Accordingly the prospective buyer(s) must make their own enquiries regarding such matters.