18 Montpelier Road, London W5 2QP

Offers in excess of £1,800,000

Freehold for sale with planning permission for 16 apartments

Planning permission for the construction of sixteen residential apartments extending to approximately 1,058m2 / 11,395m2 (NSA)

8 private units, 4 shared ownership, 4 London Living Rent units

Great location for Ealing Broadway and North Ealing tubes

Freehold sold with vacant possession

Offers in excess of £1,800,000

Description

The existing detached Victorian dwelling is set over a three-storey building with the upper floor being a converted attic space. The site was previously a 22-bed residential care home, which closed in November 2014. The site now benefits from planning permission for the redevelopment of the site to provide a four-storey building with basement comprising 16 apartments.

Location

The property is located in the London Borough of Ealing. The property is 0.6 miles to Ealing Broadway Shopping Centre, which has a vast array of well-known shops and restaurants, while the more independent shops and brasseries in Pitshanger Lane provide a more “village-like” feel. Ealing Cricket Club, Ealing Tennis Club and the open spaces of Ealing Common are also nearby.

Ealing is a sought-after location, with excellent schools including the nearby Durston House, St Benedict’s, St Augustine’s Priory and Montpelier Primary School all rated outstanding by Ofsted.

Transport

North Ealing Underground Station (Piccadilly Line) and Ealing Broadway Underground (Central and District Lines) and national rail stations are located approximately 0.5 miles and 0.6 miles to the East and West respectively, providing direct access to Central London. The A406 (North Circular Road) provides access to the A40 and in turn the M25 and M40.

In 2019, Crossrail will commence services from Ealing Broadway, providing rapid access into Central London, with 4 trains per hour and an average journey time of 11 minutes to Bond Street and 18 minutes to London Liverpool Street.

Planning Permission

Planning permission has been granted via Ealing Council under the planning reference 173913FUL for the redevelopment of the site to provide a four-storey building with basement comprising 16 flats (2 x three-bed, 8 x two-bed and 6 x one-bed) with associated access and disabled parking, refuse storage, cycle parking and landscaping (following demolition of the existing building).

Viewings

The site can be adequately viewed from the public highway in the first instance. Please arrange site access with a member of the Highfield team.

Additional information

Planning 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 Information

Planning permission is subject to a Section 106 agreement with obligations for 8 apartments to be designated for affordable housing (4 Shared Ownership and 4 London Living Rent units) as well as a financial contribution of approximately £88,000. We understand a combined Mayoral and Ealing Levy equates to approximately £50,000.

VAT

We understand VAT is not applicable.

Tenure

Freehold.

Terms

We are inviting offers in excess of £1,800,000 subject to contract.

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.