0 bed Land (for sale) Coles Green Road, London NW2

£7,000,000
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Paddington Estates
10 Sale Place, London
020 8115 0468
First Published

20th Dec 2018

Last Published

14th Mar 2019

 

Features

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

Description

Paddington Estates present a rare opportunity to acquire a 41,555 SqFt Freehold site situated on the west side of Coles Green Road NW2.
Directly opposite the site, there is a row of terrace houses. To the south, on the west side of Coles Green Road are a series of residential blocks, opposite these are terraces houses. To the north is the Priority Employment Zone.
The site therefore sits on the junction of the two areas, placing it in a unique postion. In our opinion allowing the opportunity to bring forward a mixed-use scheme that can serve the employment aspirations for the site while providing much need homes, subject to planning permission.

Main Description
Paddington Estates present a rare opportunity to acquire a 41,555 SqFt Freehold site situated on the west side of Coles Green Road NW2.
Directly opposite the site, there is a row of terrace houses. To the south, on the west side of Coles Green Road are a series of residential blocks, opposite these are terraces houses. To the north is the Priority Employment Zone.
The site therefore sits on the junction of the two areas, placing it in a unique postion. In our opinion allowing the opportunity to bring forward a mixed-use scheme that can serve the employment aspirations for the site while providing much need homes, subject to planning permission.

Property Ref:84_2004_4409946

 

Local info for NW2

 

Property Value Data/Graphs for NW2

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 62.4% £527,430 2.1 1
Semi-detached house 11.4% £1,060,113 4.1 1.4
Terraced house 9.3% £742,591 3.5 1.1
Other 5.5% £1,251,955 4.3 1.6
Maisonette 3.9% £464,994 2.5 0.8
End terrace house 2.6% £797,013 3.7 0.7
Detached house 2.4% £1,871,868 5 2.5
Studio 1.1% £275,455 0 0.7
Mews house 0.5% £971,000 3.8 1.8
Block of flats 0.3% £1,750,000 0 0
Land 0.2% £525,000 0 0
Town house 0.2% £674,975 3 2
Bungalow 0.1% £800,000 2 2
Semi-detached bungalow 0.1% £975,000 4 1

Area Information

Average Price Paid

£626,289

Sales

3505

Current Average Value

£688,760

Value Change

£62,471 10%

 

Current Asking Prices in NW2 Average: £688,760

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £485,000 (3) £555,895 (10) £679,547 (122) £993,946 (105) £1,454,405 (53)
Flats £370,126 (135) £509,384 (358) £662,677 (140) £684,997 (31) £1,087,500 (2)
All £372,623 (138) £510,648 (368) £670,532 (262) £923,524 (136) £1,441,063 (55)

Nearby Properties

1 bed Flat () 5 Stean Street, London E8 £425,000
2 bed Flat () 1 Prince Edward Road, Hackney, London E9 £480,000
1 bed Flat () Thorn Apartments, 5 Geoff Cade Way, Tower Hamlets, London E3 £365,000
2 bed Flat () River Heights, Stratford Riverside, Stratford, London E15 £570,000
4 bed Terraced house () Queen Anne Road, London, London E9 £1,325,000
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