The Hollywood studio has parks in the US, China, Singapore and Japan and is considering building something of a similar scale at a site near Bedford, just 45 minutes from London.
The sites include huge constructions like a replica Hogwarts School in the The Wizarding World of Harry Potter experience at the parks.
Its parks division is understood to have purchased 480 acres of land, including a large former London Brick Company brickworks site in Stewartby.
A Universal Destinations and Experiences spokesperson told Sky News the company was “at the early stages of exploring its feasibility for a potential park and resort at this site”.