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  4. Haringey, London

Stanhope Road, London N6 – Haringey, London

For sale £1,500,000 1 acre

Davis Brown
Full address
Stanhope Road, London, Greater London N6 – Haringey, London
Contact details

020 *** ****

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Property type
Office for sale
Asking price
£1,500,000
Features
Car park, Kitchen, Lift, Telephone system, Tube service
Size
1 acre
Tenure
Freehold

purpose built two bedroom flats in 2 blocks built in the1960's
□ On a 0.97 acre site
□ Planning consent granted for 4 penthouse flats 2 x 2 bed (997 sq ft each) & 2 x 3 bed (1,109 sq ft each) plus wrap around terraces
□ Ground Rent income of £1,250 pa
□ 1 Regulated Tenancy producing £10,644.49 pa
□ 2 leases with 62.75 years unexpired having "Marriage Value" potential and 2 with under 100 years unexpired
□ Offers are invited in excess of £1.5million, subject to contract
Location The property has a prominent frontage to Stanhope Road on a large rectangular shaped site which extends to just under 1 acre.
The property is situated in a high valued residential area close to Highgate Underground Station where there is an excellent service into central London.  Stanhope Road is off Shepherds Hill which is known for its panoramic views across London and Highgate Village is within walking distance.  Local shops are available in Archway Road and Crouch End is within a quarter of a mile.  The property comes within the Couch End Conservation Area.
and Accommodation The property comprises two purpose built blocks of self-contained flats on four floors, constructed in the 1960's.  The blocks are of traditional construction with external cavity walls, solid floors and have flat roofs.  All the flats have two bedrooms, living room, kitchen and bathroom and have gross internal floor areas of between 750 sq ft and 850 sq ft.  There is a lift in each block and good on-site parking.
Planning Consent for Penthouses Planning consent was granted on the 8th February 2017 for a "roof extension to two identical apartment blocks to create a total of 4 new units".  The consent is subject to a number of conditions.  There is a Mayoral CIL charge of £19,809.27 and a Haringey CIL Charge of £128,627.84 which will become payable after the scheme is implemented.  The development must start before February 2020.
• 32 purpose built two bedroom flats in 2 blocks built in the1960's
• On a 0.97 acre site
• Planning consent granted for 4 penthouse flats 2 x 2 bed (997 sq ft each) & 2 x 3 bed (1,109 sq ft each) plus wrap around terraces
• Ground Rent income of £1,250 pa
• 1 Regulated Tenancy producing £10,644.49 pa
• 2 leases with 62.75 years unexpired having "Marriage Value" potential and 2 with under 100 years unexpired
• Offers are invited in excess of £1.5million, subject to contract
Location The property has a prominent frontage to Stanhope Road on a large rectangular shaped site which extends to just under 1 acre.
The property is situated in a high valued residential area close to Highgate Underground Station where there is an excellent service into central London.  Stanhope Road is off Shepherds Hill which is known for its panoramic views across London and Highgate Village is within walking distance.  Local shops are available in Archway Road and Crouch End is within a quarter of a mile.  The property comes within the Couch End Conservation Area.
and Accommodation The property comprises two purpose built blocks of self-contained flats on four floors, constructed in the 1960's.  The blocks are of traditional construction with external cavity walls, solid floors and have flat roofs.  All the flats have two bedrooms, living room, kitchen and bathroom and have gross internal floor areas of between 750 sq ft and 850 sq ft.  There is a lift in each block and good on-site parking.
Planning Consent for Penthouses Planning consent was granted on the 8th February 2017 for a "roof extension to two identical apartment blocks to create a total of 4 new units".  The consent is subject to a number of conditions.  There is a Mayoral CIL charge of £19,809.27 and a Haringey CIL Charge of £128,627.84 which will become payable after the scheme is implemented.  The development must start before February 2020.

This office for sale is located in Haringey, London.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Davis Brown. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Davis Brown for full details and further information.