Land for sale

Pembroke Road, London N10

Summary

For sale via secure sale online bidding - terms and conditions apply.

A rare freehold development opportunity in an established and affluent North London suburb, offering implemented planning permission for the demolition of existing buildings and the construction of three new two-storey, three-bedroom houses, each with private parking and gardens.

Development opportunities for new-build family houses (rather than flats) in this location are exceptionally scarce, making this a highly attractive proposition for developers and investors.

This Site will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Please note we have not inspected this property.

Location

Situated Hampden Road and Crown Road.

Located in Muswell Hill / Friern Barnet, approximately 6.5 miles north of Central London

Excellent transport connections:

New Southgate Station - approx. 0.7 miles

Bounds Green Underground Station (Piccadilly Line) - approx. 1 mile, providing access to Central London in around 25 minutes

Close to a wide range of amenities including independent shops, restaurants, leisure facilities and major retailers

Convenient access to the Friern Barnet retail park (M&S Food, Tesco Superstore)

Within recent catchment of aps Secondary School

Well-established residential road with strong owner-occupier demand

Site Details

Approximate site area of 0.32 acres (0.13 hectares / c.1,102 m)

Regularly shaped rear plot with access from both Pembroke Road and Hampden Road

Currently comprising gardens, a greenhouse and a brick-built workshop/storage building

All existing structures to be demolished under the consented scheme

Planning

Implemented planning permission under references 15/02182/ful and 17/5028/S73

Consent for three new two-storey terraced houses

Total proposed gia: Approx. 300 m (3,229 sq ft)

Community Infrastructure Levy (cil) paid: 6,198.58

A rare opportunity to deliver new family housing in a prime residential location

Additional Information

For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.