Auction
10 Bathgate Road, Wimbledon, London SW19 5PN
Offers in excess of £2,300,000
Prime South West London residential development opportunity
Residential development opportunity in South West London
Proposal to construct a 7 bedroom luxury home of approximately 7,930sqft (737sqm)
Vacant plot extending to approximately 0.089 Hectares (0.22 acres)
Freehold for sale, with vacant possession.
Offers in excess of £2,300,000
Description
The consented scheme is for a single detached dwelling house extending to 7,930sq ft (737 sq m). The property offers substantial and luxurious accommodation and comprises a kitchen, dining room, two reception rooms, study and cloakrooms on the ground floor. The master bedroom and dressing room is at first floor level with six further en-suite bedrooms and a bedroom/study arranged over the first and second floors. This impressive family residence boasts a kitchen, gym, spa, pool and cinema room occupying the basement level.
An enhanced scheme has been drawn up by architects to reconfigure the internal layout of the house to increase the property to a total of 8,400 sq ft (781sq m). It is anticipated that the minor alterations and extension to the consented scheme can be obtained via a Section 73a Application (Non Material Minor Amendment).
Location
The property is Located in Wimbledon, within the London Borough of Merton and is located within the Bathgate Road Conservation Area.
The property is within walking distance of Wimbledon Village and provides numerous amenities including boutique retailers, cafes and restaurants. The site is surrounded by green spaces, with Wimbledon Common linking Putney Heath and Richmond Park approximately 200m to the west. The famous All England Lawn Tennis and Croquet Club is approximately 400m to east of the site.
The site is in the catchment areas for the Wimbledon Park Primary School, The study Preparatory Wimbledon and Wimbledon Common Preparatory School, all rated as Outstanding by Ofsted.
Transport
Southfields Undeground Station is located approximately 1km to the north of the site providing District Line services to Fulham Broadway (8 minutes), Earls Court (12 minutes) and London Victoria (23 minutes). Wimbledon Overground Station is approximately 1.4km to the south of the site and provides regular services to Clapham Junction (7 minutes) and London Waterloo (18 minutes). The 93-bus route operates along Parkside, approximately 300m to the west of the site.
Planning Permission
Planning permission was granted on appeal (reference: 09/P1303) in November 2010 for the demolition of the existing single residence and erection of a new single residence.
Planning permission has been implemented through the demolition of the existing building and therefore is extant.
For further information, please contact the Merton Borough Council on 020 8545 3777.
Viewings
Please speak to a member of the Highfield team for viewing arrangements
Additional Information
Planning documents, floor plans and other related documents will be sent in the form of an Information Pack that can be requested from a member of the Highfield team.
Financial Contributions
There is no CIL or Section 106 contribution payable on the development..
Tenure
Freehold
Terms
Offers in excess of £2,300,000 are invited for the vacant freehold interest.
Buyers note
The property is being placed in the next Allsops auction on the 30th March 2017 at The Cumberland Hotel, Great Cumberland Place, London W1H 7DL unless sold prior.
It is our understanding that the sale of the property is to be treated as a commercial property transaction and therefore attracts a Stamp Duty Land Tax rate of 5% given that the site benefits from a planning permission and that the house that previously stood on the site has been demolished. However, purchasers must make their own enquiries on this matter.
Schedule
Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.