Description
The existing site is currently occupied by a single dwelling bungalow dating back to the 1980’s, with a shallowed-pitched, gabled roof. The site itself is set back from Avenue Road, beside a two-storey flatted development that faces onto a shared access. The surrounding area is predominantly residential in character, with properties of a mixture of ages and styles. Planning permission has now been granted for the erection of a 2-storey block of 5 x self-contained flats involving first & second floor terrace, associated parking refuse storage and landscaping.
Location
The site which is set back from Avenue Road is positioned within a predominantly residential area within the London Borough of Enfield, with properties of a mixture of age and style. The site is also in very close proximity to Southgate School and St Anne’s Catholic High School for girls which both have very good Ofsted reports. The site is within a 5-minute drive to local shops, amenities and restaurants.
Transport
The property is within a PTAL rating of 2. The site itself is within very close proximity to Oakwood station and Southgate station. The station is around 800 metres
to the north-east of the application site, with various bus services also available from Avenue Road, Chase Road and The Fairway. Southgate station is also around 1,000 metres to the south. The site is therefore in a sustainable location, reflected by the large-scale redevelopment nearby.
Planning Permission
Planning permission has been granted under reference number: 20/03345/FUL on the 10th December 2020.
Access
Access can be arranged with sole agents Highfield Investments.
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.
VAT
We have been advised that VAT is not applicable.
Financial Contributions
The property is liable for a CIL charge payment of circa £42,000.
Tenure
Freehold.
Terms
We are inviting offers in excess of £950,000 for the freehold interest.
