RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE

Indicative Visualisation

MARSTON, HIGH STREET, , WD6 3EY

SUMMARY LOCATION

• Vacant 3 bedroom house extending to approximately 1,110ft2 The property occupies a prominent position on Elstree High Street, a road comprising of mainly commercial uses with a number of shops • Planning permission for conversion and extension of the existing and amenities within walking distance. building to create 2 x 3 bedroom semi-detached houses Elstree and Station is located approximately 1 mile • Sought-after residential location, approximately 1 mile from Elstree & Borehamwood Station from the site providing regular links into Central (King’s Cross St Pancras) in under 25 minutes. Stanmore Underground • Offers invited in excess of £450,000 freehold station (Jubilee Line) is located 2.5 miles from the property.

DESCRIPTION

The existing property comprises a detached 3 bedroom dwelling extending to approximately 1,110ft2, on a long narrow plot of land extending to circa 0.1 acres.

PLANNING POTENTIAL

The property benefits from planning permission, granted on 25th July 2016 (ref: 16/0921/FUL), for the extension and conversion of the existing house to create 2 x 3 bed semi-detached dwellings of 1,162ft2 and 1,227ft2 respectively benefitting from private gardens and off-street parking. The planning consent is subject to a CIL liability of approximately £17,000.

www.kingsbury-consultants.co.uk RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE

TENURE PROPOSED ACCOMMODATION SCHEDULE The property is to be sold freehold and subject to vacant possession.

TERMS Unit Floor Description GIA m2 GIA ft2

Offers are invited in excess of £450,000. Ground 1 / First / 3 Bedroom House 108 1,162 VAT Second

We understand that the property is not elected for VAT. Ground 2 / First / 3 Bedroom House 114 1,227 ADDITIONAL INFORMATION Second Grand Total 222 2,389 Further information including approved planning documents can be found in our dataroom using the password ‘Marston’.

CONTACT

To discuss any aspect of this property or the disposal process, please contact the Seller’s sole agents:

Joe Goldsmith – 020 7183 2529 [email protected]

Paul Heale – 020 7183 2529 [email protected]

Kingsbury 1st Floor, 81 Alie Street, London E1 8NH

Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in No: 06869268.

www.kingsbury-consultants.co.uk