A rare opportunity to acquire airspace with consent for development in West Hampstead.
The property is located within close proximity to West End Lane.
A planning permission has been approved, pending completion of a S106 agreement, by Camden Council to develop two additional storeys above the existing block, creating four three-bedroom apartments, each with its own private balcony.
Proposed NIA – 303 sq m (3,266 sq ft).
CIL is estimated at – C. £224,000.
S106 cost is £12,194 (subject to indexation).
Being sold by way of a new 999-year airspace lease with the benefit of freeholder’s consent for the proposed development.
- Guide Price £800,000 (Eight Hundred Thousand Pounds) subject to contract.