Image 1 of 5
£2,797,995
48.75 acres lot
48.75 Acre Residential Land
568 N Market Street, London
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📏
Total Area
48.75 acres
💰
Price per Acre
£57,394 per acre
🏛️
Zoning
C-2
📊
Annual Tax
£3,671
📅
Days on Market
1
Description
Prime 48.75 acre plot of land available for development. Stunning rural location with potential for residential development. All necessary utilities are nearby or available.
Legal Information
Current Owner
Kassulke, Torphy and Waters
Title Number
TN02B65DB6
Title Type
LEASEHOLD
Parcel Number
P3188403988
Lot/Plan Numbers
LP-183907
Municipality
London District
Legal Description
All that parcel of land situated in London, being 48.75 acres more or less.
Ownership History
Murazik LLC2016
Herzog LLC2012 - 2018
Balistreri, Emard and Heathcote2008 - 2012
Encumbrances
Covenant
Public right of way along western edge
Location & Boundaries
Coordinates
51.539548, -0.094313
Boundary Dimensions
132ft x 643ft (approx)
Total Area
48.75
Acres
19.73
Hectares
2,123,578.803
Sq Ft
View on Map
Physical Characteristics
Topography
Irregular
Elevation
198 ft - 428 ft
Soil Type
Sandy
Road Frontage
256 ft
Flood Zone
X (Low Risk)
Utilities
2 of 5 available
Water
ConnectedProviderYorkshire Water
Distance1.1 mi
Electricity
UnavailableNearest line6.8 mi
Sewer
ConnectedProviderSevern Trent
Distance0.1 mi
Gas
UnavailableNearest line13.9 mi
Internet
UnavailableNearest line3.6 mi
Zoning & Development Potential
Classification
C-2
Permitted Uses
IndustrialCommercial
Building Restrictions
Height Limit
60 ft
Coverage
33%
Front Setback
23 ft
Rear Setback
17 ft
Side Setback
7 ft
Development Potential
Subdivision Potential
6 lots max
Estimated Dev Fees
£29,074
Financial Information
Purchase Price
£2,797,995
Price per Acre
£57,394 per acre
Annual Tax
£3,671
Based on 2.29% rate
Tax History
| Year | Tax Amount | Assessment |
|---|---|---|
| 2026 | £44,936 | £1,958,596 |
| 2025 | £44,055 | £1,920,193 |
| 2024 | £43,208 | £1,883,266 |
| 2023 | £42,392 | £1,847,733 |
| 2022 | £41,607 | £1,813,515 |
Estimated Development Fees
Fees may vary based on development type and local requirements
£29,074
Nearby Amenities
🎾Recreation
Park
2940 Dickinson Glens
2.6 mi
🏫Schools
College
98133 The Sidings
6.0 mi
🛣️Highways
A1 Road
5048 Crona Forges
6.8 mi
M25 Motorway
48877 Goldner Walk
9.6 mi
🚌Transport
Train Station
126 Rudy Parkway
8.2 mi
🛒Shopping
Supermarket
1189 Church View
9.6 mi
Total amenities: 6 within reasonable distance
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Marketed by
Wehner - Upton
Grace Roob