Land for Sale in Grantham, Lincolnshire

A rare opportunity for investors to acquire a block of strategic land for sale on the outskirts of Grantham. The site is bordered by dense residential housing and may accordingly be considered to benefit from some considerable ‘hope-value’ for future development. With rising land values, these lots offer buyers a strong long-term capital investment.

The land’s development potential is partly due to a considerable lack of housing in the district and more significantly a shortfall of 646 affordable homes per year. Grantham accounts for 44% of this shortfall - the largest deficit in the district.

This shortfall has led to Grantham being identified as having significant potential for growth and new housing developments. This is supported by the town’s recognition as a New Growth Point, where it was awarded £7 million in growth funding for development over the next 10 years and beyond. With a considerable lack of housing, expansion of this scale cannot occur without the development of Greenfield sites.

The land is exceptionally located on the eastern edge of Grantham; a modern town that is highly populated and which serves as a central hub to many of the surrounding towns and villages. These, together with the larger cities of Nottingham and Peterborough, can be easily reached by a superb network of transport links, with Grantham perfectly located on the A1 trunk road that connects the site with London.

The land for sale in Grantham, Lincolnshire is available freehold as a whole or in lots.

Visit Vantage Land for investment land for sale with current uses for agricultural, grazing, sporting and arable.

To contact the agent dealing with this land for sale please
call: 0845 123 6421 or email eais50@vantageland.com.

Access

Access to the lots is off Beacon Lane and Cold Harbour Lane with full vehicular access granted to all lots via an 8m easement.

Agricultural Land Prices

Agricultural land values rose by 6.9% in the second quarter of 2010. This takes growth over the past 12 months to 19.7%.

Prices are being driven up by a continuing shortage of supply and increased interest from private individuals. Farmland values are predicted to rise by at least a further 10% over the next year.

This is supported by the forecast made by Savills, which states that farmland prices will increase by another 5-6% per year until 2015.

This growth continues the historic trend of agricultural land prices. In the last decade agricultural land values increased by 183%, compared with growth of just 32% for prime country houses and a 22% drop in the value of the FTSE 100 share index.

Farmland is considered a safe and tangible investment asset, which may also bring capital gains and tax benefits.

Planning

The land is designated within the Greenbelt and any development would be subject to planning permission.

Location and Directions

Location: Land off Beacon Lane
Postcode: NG31 9DL
Lat: 52.912282
Lon: -0.624985

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