Development
properties
234 - 242 Princes Avenue Kingsbury London NW9 9QU
We are inviting offers in excess of £1,275,000 for the freehold interest
Freehold Development Opportunity
Planning permission has now been granted for the erection of 4 x 4 bedroom terrace houses and 2 x 4 bedroom semi-detached houses
Designed with the ability to convert the roof space into a 5th bedroom which can be applied for under a section 73
Site measuring approximately 7,890ft2
5-minute walk/450m to Kingsbury Station (Jubilee Line)
Freehold.
10 parking spaces.
Offers in excess of £1,275,000
Description
On instructions of Hermitage Real Estate we are going live with 234–242 Princes Avenue which is located within the London Borough of Brent. The site currently exists as neglected and disused land at the rear of Numbers 234, 236, 238, 240 and 242 Princes Avenue. Planning permission was granted under Brent council on the 14th September 2018 for the erection of 4 x 4 bedroom terrace houses and 2 x 4 bedroom semi-detached houses including the provision of new access from Princes Close, Associated landscaping, 10 car parking spaces, waste and cycle storage.
Location
Kingsbury sits within Northwest London in the London Borough of Brent and sits within a mainly residential area. The town offers numerous amenities including supermarkets, shops, restaurants, bars, a range of sporting facilities, and Fitness Centres. Kingsbury is an up and coming area of London with substantial redevelopment taking place. The local area also offers a great choice of schools including Oliver Goldsmith Primary School, Fryent Primary School and Kingsbury High School. The area has a largely suburban feel, gifted by beautiful grassland’s and woodlands which you could find in Fryent Country Park, Roe Green Park and Eton Grove park which offers extraordinary wildlife and is the perfect location for outdoor activities such as cycling, walking and running. walking and running.
Transport
The site is situated in zone 4 and is a 5 minute walk/450m to Kingsbury tube station which sits on the Jubilee line and offers great links into central London with fast journey times into Bond Street, Waterloo and Canary Wharf. The site also offers great bus links consisting of Buses No. 183, 204 and 324 which provide transport links to local shops, cafes and other amenities. The N98 bus provides a night service which connects the site directly to Central London at any time. The area has fantastic road communications with links to the M1 via the nearby A5 which connects to the North Circular at Junction 1.
Planning Permission
(18/1608): Planning permission was granted on the 14th September 2018 for the erection of six family dwelling houses including the provision of new access from Princes Close, associated landscaping, car parking spaces, waste and cycle storage.
(19/0874): Granted 8th March 2019) approval of raising 1st floor and replacing the dormers.
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 approximately £240,849.24
Tenure
Freehold.
Terms
We are inviting offers in excess of £1,275,000 for the freehold interest.
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.