Property Information
Address:
15 - 19 Blenheim Terrace, London
, NW8 0EH
Price: Property no longer available.
Size: 10252 sq ft952 sqm
Primary Category: Land
All Categories:
Investment, Land,
Property Ref/Movehut: MH365210
Property Ref/Agent: 15 - 19 Blenheim Terrace, NW8
*Please use the agent ref when calling the agent directly.
Property description
UNDER OFFER- Residential development opportunity to provide three residential townhouses with a proposed total floor area of 10,252 sq ft in St John's Wood.
Opportunity
• Freehold sale of a residential development opportunity in St John’s Wood
• Situated off Abbey Road in the City of Westminster
• Planning application due to be submitted for development to provide three residential townhouses
• Proposed floor area of 10,252 sq ft (952.4 sq m) (measured Gross Internal Area)
• Close to St John’s Wood station (Travel Zone 2) and Regent’s Park
• Offers invited in excess of £3,500,000 subject to contract
This opportunity is likely to be of interest to investors and developers.
Location
Blenheim Terrace is situated in the highly desirable area of St John's Wood in north-west London. It is well location for the boutiques, shops, cafes, restaurants and transport facilities of both St John's Wood High Street and Maida Vale. The property is within the St John's Wood Conservation Area.
St John's Wood Station is approximately a 9 minute walk to the east served by the Jubilee line. The station provides direct access into London's West End (Oxford Street) in 3 minutes, the City (St Paul's) in 17 minutes and King's Cross International in 13 minutes.
There are also numerous bus routes into and around Central London. The open spaces of Regent's Park, Primrose Hill and Lord's Cricket Ground are less than one mile from the property.
Description
Blenheim Terrace is situated on a quiet tree lined residential cul-de-sac off the iconic Abbey Road. The immediate surroundings are predominantly period residential housing with a mix of nearby retail and education uses.
Proposed Scheme
The proposed scheme comprises a terrace of three modern family townhouses with a wealth of living accommodation set over a basement and 3 upper floors. Each property will provide 5/6 bedrooms, 6 bathrooms, private gardens, roof top terraces and off-street parking.
Townhouse 1 3,417 Proposed Area (sq ft)
Townhouse 2 3,417 Proposed Area (sq ft)
Townhouse 3 3,417 Proposed Area (sq ft)
Total 10,252 Proposed Area (sq ft)
Planning
The property is within the administrative boundary of the City of Westminster. The property is currently classified as class D1 (non-residential institution). Following a positive pre-application meeting with local officers, a full Planning and Conservation Area application is due to be submitted for development to provide 3 residential townhouses (Class C3).
Method of Sale
The property is offered for sale by way of informal tender. Offers are invited on either a conditional (subject to receipt of planning permission) or unconditional basis. The bid deadline is Thursday 29th January 2015.
Guide Price
Offers are sought in excess of £3,500,000 for the freehold, subject to contract.
VAT
The property is not elected for VAT.
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