0 bed Block of flats (for sale) Netherhall Gardens, London NW3

£5,000,000
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Savills - National Auctions
33 Margaret Street, London
020 8022 4160
First Published

31st May 2022

Last Published

15th Jun 2022

 

Features

  • Type: Block of flats
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Strapline

Auction Sale - 14/06/2022

A rare opportunity to acquire a four storey late C19 residential property of approximately 5,250 sq ft (gia) arranged as four large apartments (one unit currently subject to an AST). Planning permission granted to demolish and rebuild the single storey side extension and build four additional apartments. Total proposed gia 8,650 sq ft.

Description



26 Netherhall Gardens comprises a total size of approximately 0.22 acres (0.087 hectares). Built in the late 19th Century, the property has brown brick elevations, a pitched roof and large dormer windows. There is off-road parking at the front of the property and a sloped communal garden to the rear.

Joint Agents Goldschmidt & Howland

Richard Humphreys

Location



The property is perfectly situated within Hampstead between Hampstead Heath and Regents Park.

Hampstead has long been popular amongst the musical, artistic and academic community, and is known for its restaurants and quaint village.

Hampstead Heath is renowned for its swimming ponds, city views from Parliament Hill and woodland.

The site is well accessed by public transport with Finchley Road Underground Station, Finchley Road and Frognal Stations within reach.

Finchley Underground Station is served by the Jubilee and Metropolitan Lines which provide excellent links to Central London.

By overground rail, there are eastbound services to Stratford or westbound services to Clapham Junction and Richmond. Netherhall Gardens is a quiet tree lined residential road, providing direct access to the A41 which connects southwards to Marylebone Road and northwards to the beginning of the M1 .

There are a number of local buses which provide access to Finchley Road, Hampstead High Street and Central London.

Transport



Finchley Road Underground Station,

Finchley Road and Frognal Station

Accommodation



Planning



Planning permission 2019/1515/P to demolish the 1950s extension, comprising a one bedroom flat and a garage and the construction of a four storey building with four new apartments. The proposed scheme has careful consideration to the site context and the Fitzjohns / Netherhall Conservation Area characteristics, drawing similar design to the surrounding buildings. The residential dwellings will benefit from private outdoor amenity space as well as the use of the communal garden to the rear of the property.

The scheme has been approved with no affordable units.

Planning link

 

Local info for NW3

 

Property Value Data/Graphs for NW3

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 75.4% £1,187,560 2.2 1.6
Other 5.9% £3,570,818 4.1 3.1
Detached house 4.3% £6,094,387 5.4 3.9
Terraced house 3.7% £2,792,952 3.8 2.5
Semi-detached house 3.5% £4,711,363 5.3 3.7
Studio 2.1% £341,448 0 0.9
Maisonette 2.1% £2,152,290 3.3 2.3
Town house 1% £1,862,913 4 2.8
End terrace house 0.9% £2,505,950 3.9 2.5
Mews house 0.7% £1,551,244 3.3 1.9
Land 0.3% £850,000 1.3 1
Finca 0.1% £0 17 10
Cottage 0.1% £1,795,000 3 2

Area Information

Average Price Paid

£1,648,951

Sales

2966

Current Average Value

£1,742,191

Value Change

£93,240 5.7%

 

Current Asking Prices in NW3 Average: £1,742,191

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £661,667 (6) £1,643,636 (11) £2,478,901 (42) £2,853,498 (60) £4,569,131 (53)
Flats £617,621 (177) £943,458 (400) £1,515,195 (227) £2,850,077 (64) £3,459,722 (18)
All £618,147 (184) £962,198 (411) £1,667,271 (270) £2,851,732 (124) £4,287,873 (71)

Nearby Properties

4 bed Terraced house () Grafton Street, Mayfair W1J £55,000,000
12 bed Terraced house () Upper Grosvenor Street, Mayfair, London W1K £54,500,000
12 bed Detached house () Mount Street, London W1K £54,000,000
0 bed () Brook Street, London W1K £46,000,000
6 bed Detached house () Pitt Street, Kensington W8 £45,000,000
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