Garage block at Lyttelton Road Hampstead Garden Suburb London N2 0RA

Garage block at Lyttelton Road
Hampstead Garden Suburb
London
N2 0RA

Freehold Development Opportunity

Two sites totaling approximately 0.04 hectares (0.1 acres) with a block of 16 garages,
Highly affluent North London Residential Suburb
Residential re-development potential (subject to consents)
500m from East Finchley Tube Station (Northern Line)

Lot
38
Auction
30th March 2023
Vacant Possession
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Freehold Development Opportunity

Two sites totaling approximately 0.04 hectares (0.1 acres) with a block of 16 garages,
Highly affluent North London Residential Suburb
Residential re-development potential (subject to consents)
500m from East Finchley Tube Station (Northern Line)

Lot 38
Auction 30th March 2023
Vacant Possession
Status Withdrawn Post
Price
Sector
Development
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 5 miles north of Central London, 1 mile south of A406 North Circular Road, 1 mile north of Hampstead Heath
Roads: A1000, A406 North Circular Road, A1, M1
Rail: East Finchley Underground Station (Northern Line)
Air: London Heathrow, London Stansted

Situation

Hampstead Garden Suburb is a highly affluent and fashionable North London residential suburb. The property is situated at the rear of Monarch Court on Deacons Rise, just off the south side of Lyttelton Road (A1), with Lyttelton Playing Fields directly adjacent to the site at rear..

Tenure

Virtual Freehold. Held from The New Hampstead Garden Trust Limited for a term of 1,992 years until 3961 at a fixed rent of £5 per annum exclusive.

Location

Miles: 5 miles north of Central London, 1 mile south of A406 North Circular Road, 1 mile north of Hampstead Heath
Roads: A1000, A406 North Circular Road, A1, M1
Rail: East Finchley Underground Station (Northern Line)
Air: London Heathrow, London Stansted

Situation

Tenure

Virtual Freehold. Held from The New Hampstead Garden Trust Limited for a term of 1,992 years until 3961 at a fixed rent of £5 per annum exclusive.

Description

The property comprises two separate sites. The site to the west is approximately 0.024 hectares (0.06 acres) and benefits from a block 16 garages. The site to the east is approximately 0.02 hectares (0.03 acres) and benefits from a concrete hardstanding formerly upon which was a block of 10 garages.

VAT

VAT is not applicable to this lot.

Planning

The property may benefit from redevelopment for residential or other use, subject to necessary consents/permissions. The seller has commissioned architects drawings for the development of 8 houses within 2 terraces. The drawings are available within the sellers solicitors legal pack.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.