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Investment land for Sale

This site comprises of approximately 3 acres of arable land for sale with investment potential due to the adjacent housing and its prime location on the outskirts of Leicester.

The land benefits from gated access and is available freehold as a whole or in 2 good sized lots that have the potential for paddock conversion.

This site is available freehold as a whole or in lots.

Land Values

Despite the downturn in the global economy, the latest RICS rural land market survey reports that farmland prices (bare land) remained broadly flat during 2009 whereas farmland containing residential property had seen prices fall.

Demand for bare farmland increased firmly whilst supply declined. Confidence in the price outlook turned positive with farmland prices expected to potentially rise once more. This confidence is reflected by the average, across-the-board value of land rose 3 per cent in the third quarter of 2009.

Housing

Cropston and the surrounding villages are desirable places to live for commuters to the larger towns. This has resulted in an increasing population and development in the area.

In Anstey, there are plans to build 47 new homes reaching from Bradgate Road to the top of Link Road.