{"url":"https://www.telegraph.co.uk/money/property/buying-selling/london-alleyway-on-sale-at-1500/","title":"Losing the plot: London alleyway on sale for £1,500","domain":"telegraph.co.uk","imageUrl":"https://images.pexels.com/photos/10672506/pexels-photo-10672506.jpeg?auto=compress&cs=tinysrgb&h=650&w=940","pexelsSearchTerm":"London alleyway sale","category":"Entertainment","language":"en","slug":"996aaecb","id":"996aaecb-fa99-42d9-902c-55be220df28e","description":"A narrow L-shaped alleyway between two houses in Enfield, north London, is up for sale as freehold land via auction.","summary":"## TL;DR\n- A narrow L-shaped alleyway between two houses in Enfield, north London, is up for sale as freehold land via auction.\n- Guide price stands at **£1,500**, listed on Rightmove with notes on good road connectivity and proximity to Bush Hill Park station.\n- Neighbours may buy to avoid ownership disputes during sales, while investors eye long-term development gains.[[1]](https://www.rightmove.co.uk/properties/173233043)[[2]](https://www.yahoo.com/news/articles/losing-plot-london-alleyway-sale-070100650.html)\n\n## The story at a glance\nAn L-shaped strip of land, wide enough only for wheelie bins, sits between numbers 19 and 21 Porlock Road in Enfield and goes to public auction on **23 April 2026** at Nottingham Racecourse. Auction Estates, a Midlands firm, handles the sale for a London company clearing its portfolio; director Paul Giles expects neighbours or investors as buyers. The listing has drawn notice for its low price amid Enfield's average house price of **£473,000**.[[2]](https://www.yahoo.com/news/articles/losing-plot-london-alleyway-sale-070100650.html)[[3]](https://www.dailymail.co.uk/news/article-15738527/London-alleyway-sale-land-property.html)\n\n## Key points\n- Freehold tenure, broadly L-shaped and level, in a well-established affluent residential area near A10 (2-minute drive) and Bush Hill Park station (0.5 miles).[[1]](https://www.rightmove.co.uk/properties/173233043)\n- No buildings or occupation; seller has little knowledge and sells subject to existing rights.[[4]](https://www.auctionestates.co.uk/property/land-between-21-19-porlock-road-enfield-middlesex-en1-2nh-336027)\n- Auction guide price **£1,500+**; reserve set no more than 10% above guide.[[1]](https://www.rightmove.co.uk/properties/173233043)\n- Paul Giles notes auctions help companies \"spring clean\" small plots of nominal value, often held by housebuilders.[[2]](https://www.yahoo.com/news/articles/losing-plot-london-alleyway-sale-070100650.html)\n- Potential for neighbours to secure land for easier property sales or small extensions; investors may hold for future redevelopment buyouts.[[3]](https://www.dailymail.co.uk/news/article-15738527/London-alleyway-sale-land-property.html)\n\n## Details and context\nThe land runs alongside and behind a neighbouring house, bounded by a fence and wall, with no specified size but narrow enough for bins only. Listings stress its position in Enfield's residential heart, though buyers must check legal pack for title details and rights.[[1]](https://www.rightmove.co.uk/properties/173233043)\n\nAuction Estates sells similar odd plots UK-wide, like £1,000 grass in Cheshire or a triangle in South Yorkshire, bought cheaply as \"pocket money\" bets on area growth over 10-15 years.[[3]](https://www.dailymail.co.uk/news/article-15738527/London-alleyway-sale-land-property.html)\n\nEnfield's high house prices contrast the plot's bargain tag, highlighting how small freeholds can carry strategic value despite low standalone worth.[[2]](https://www.yahoo.com/news/articles/losing-plot-london-alleyway-sale-070100650.html)\n\n## Key quotes\n- \"Auctions are a good way of having a spring clean and quickly.\" – Paul Giles, director of Auction Estates.[[2]](https://www.yahoo.com/news/articles/losing-plot-london-alleyway-sale-070100650.html)\n- \"It makes it more straightforward to sell the property if you own this piece of land... It might even allow you to do a small extension.\" – Paul Giles.[[3]](https://www.dailymail.co.uk/news/article-15738527/London-alleyway-sale-land-property.html)\n\n## Why it matters\nTiny freehold plots like this underscore quirks in the UK property market, where even narrow alleys hold value for access rights or future gains amid housing pressures. For neighbours or developers in Enfield, it means resolving ownership queries cheaply; investors see low-risk entry to land banking. Watch the **23 April 2026** auction outcome and any post-sale development bids, though uses remain limited by size and zoning.[[4]](https://www.auctionestates.co.uk/property/land-between-21-19-porlock-road-enfield-middlesex-en1-2nh-336027)","hashtags":["#london","#property","#uk","#realestate","#auction","#land"],"sources":[{"url":"https://www.telegraph.co.uk/money/property/buying-selling/london-alleyway-on-sale-at-1500/","title":"Original article"},{"url":"https://www.rightmove.co.uk/properties/173233043","title":""},{"url":"https://www.yahoo.com/news/articles/losing-plot-london-alleyway-sale-070100650.html","title":""},{"url":"https://www.dailymail.co.uk/news/article-15738527/London-alleyway-sale-land-property.html","title":""},{"url":"https://www.auctionestates.co.uk/property/land-between-21-19-porlock-road-enfield-middlesex-en1-2nh-336027","title":""}],"viewCount":2,"publishedAt":"2026-04-18T16:45:32.604Z","createdAt":"2026-04-18T16:45:32.604Z","articlePublishedAt":"2026-04-16T00:00:00.000Z"}