0 bed Land (for sale) St. Georges Road, London NW11

£7,750,000
Add to Basket Basket Looks Interesting
agent logo
Goldschmidt & Howland - Little Venice
47-49 Maida Vale, London
020 3463 2711
First Published

14th Sep 2022

Last Published

15th Sep 2022

 

Features

  • Type: Land
  • Bedrooms: 0
  • Listing status: sale
  • Country:

Description

Temple Fortune is an affluent north London suburb 7 miles north of the City of London, 1.3 miles south of Finchley and 3 miles east of Muswell Hill. Situated on St Georges Road, at its junction with Finchley Road set within a 1930’s suburban neighbourhood with extensive amenities on Finchley Road
A newly built landmark office building extending to 18,753 sq ft gia (15,160 sq ft nia) over lower ground, ground, first and second floors. Multi let to 4 tenants all of whom are well established within the local community. Total passing rent of £321,420 per annum with an erv of £466,410 per annum
wault of 11.05 years to expiry and 4.69 years to break
The second floor is being offered with vacant possession
this has the benefit of planning for 4 flats or could be fitted out as offices. The property benefits from planning consent via several applications, to convert the existing office accommodation to the ground floor, first floor and second floor to 12 flats Freehold (title number: AGL152412)
Possibility to add an extra floor following positive pre-app.

Business Rates Are Being Assessed.

 

Local info for NW11

Floor plan

 

Property Value Data/Graphs for NW11

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 55.4% £778,230 2.2 1.6
Semi-detached house 14% £1,349,128 4.5 2.6
Detached house 11.9% £3,872,041 5.2 3.6
Other 7% £1,442,581 4.3 2.7
Terraced house 3.4% £1,148,571 3.7 1.7
Maisonette 3.1% £640,338 2.5 1.4
Cottage 1% £797,250 2.3 1.3
End terrace house 1% £1,211,000 3.5 2
Block of flats 0.7% £1,640,000 0.7 0.7
Land 0.5% £3,525,000 0 0
Link-detached house 0.5% £1,775,000 4.5 2.5
Town house 0.5% £819,975 5.5 2
Studio 0.5% £264,975 0 1
Bungalow 0.2% £699,950 3 1
Villa 0.2% £3,950,000 6 5

Area Information

Average Price Paid

£1,093,719

Sales

1584

Current Average Value

£1,314,301

Value Change

£220,582 20.2%

 

Current Asking Prices in NW11 Average: £1,314,301

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £619,158 (12) £1,086,550 (29) £1,241,250 (28) £2,518,187 (53)
Flats £358,125 (42) £740,955 (120) £1,061,519 (72) £583,325 (6) £1,057,983 (3)
All £358,125 (42) £729,882 (132) £1,068,706 (101) £1,125,146 (34) £2,439,962 (56)

Nearby Properties

6 bed Detached house () Pitt Street, Kensington W8 £46,000,000
12 bed Detached house () Mount Street, London W1K £45,000,000
7 bed Terraced house () Berkeley Square, Mayfair W1K £35,000,000
7 bed Detached house () Brick Street, Mayfair, London W1J £35,000,000
6 bed Terraced house () Culross Street, Mayfair, London W1K £29,950,000
Property information powered by Zoopla