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SOLD STC

Shakespeare Road, London, W7

Guide Price
£999,950

£351.72 per sq ft

Business rates & charges may apply

Dexters Development & Investment, North London
SIZE AVAILABLE

2,843 sq ft

264 sq m

SECTOR

Residential development for sale

Proposed Floor Plans
1

Key features

  • Residential development opportunity
  • Planning Granted subject to Legal Agreement
  • Estimated GDV of £2,250,000
  • Unencumbered Freehold
  • Within 300 meters of Hanwell Station

Description

Dexters London Limited are delighted to present a consented development opportunity located in Hanwell W7 which has had planning Granted for the erection of a four storey building creating five new apartments (2 x 2-bedroom apartments 2 x 1-bedroom apartments and a studio flat) with a total Gross Internal Area of 264.1 sq. m (2843 sq. ft) following the demolition of the existing building. The five apartments have an estimated Gross Development Value of £2,250,000.

Planning Permission was GRANTED by the London Borough of Ealing on the 17th of December 2021 (Application Ref: 215104FUL) for the demolition of the existing two storey building and construction of a three-storey building with the accommodation in the roof space comprising 5 no. self-contained flats, rear roof terrace at first floor level; and associated refuse storage, amenity space, landscaping and boundary treatment.

We have been advised that the proposed scheme as detailed within Planning Application Reference: 215104/FUL will be liable to a Mayoral Community Infrastructure Levy (CIL) only. The London Borough of Ealing does not currently levy a local authority CIL to residential developments.

We have been advised that the proposed scheme is not subject to a Section 106 Agreement.

Please note all charges and levies are the responsibility of the purchaser.

Located within the increasingly popular Poets Corner of Hanwell the site is within 300 meters of Hanwell Station which is on the newly commissioned Elizabeth Line providing an excellent fast link to Central London as well as Heathrow Airport and Reading to the West. There is a multipule choice of bus routes to Ealing Broadway and other West London town centres from Greenford Avenue and Hanwell Broadway along the Uxbridge Road.

Tenure - The unencumbered Freehold title (HM Land Registry Title Number AGL280079) is currently held in an SVP.

Energy Performance Rating (EPC) Energy Rating D

Council Tax Band - E

Shakespeare Road, London, W7

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hanwell Station0.2 miles
  • Drayton Green Station0.3 miles
  • Castle Bar Park Station0.6 miles

About Dexters Development & Investment, North London

Dexters Maida Vale, 298 Elgin Avenue, London, W9 1JS

London covered

Our dedicated team of specialists have a well-established track record of achieving clients more than the market value for land, development and investment projects across the capital. Members of RICS, our qualified chartered surveyors uphold their reputation for integrity and professionalism.

Based in one of the Dexters ‘Centres of Excellence, our experts focus solely on development services for clients including Croudace Homes, Barratt Homes, Berkeley Group, Crest Nicholson, Metropolitan Housing, Henley Homes and Ballymore Group.

Landowner support

We guide land and property owners on the development potential of their assets and can help every step of the way through the planning minefield whilst providing guidance on the type of development you are likely to achieve. Working with our third-party planning and design team we can help you to visualise the concept, and assess the costs to build and value the end asset.

Land disposal

We can advise on the value of land, and explore development opportunities. Once we have assessed both the current value and the development value we can guide you on the best route to market.

Land acquisition

Our expert teams deal with development sites that are on the market, along with those that are being marketed “off market” and low-key.. If you are looking to invest or develop in these types of projects we can help source suitable opportunities, assess their future value and ultimately help you to acquire them.

Investment acquisition / disposal

We acquire and sell all types of investment assets from portfolio sales, whole block pre-sales, HMO's and mixed use (residential/commercial) Freeholds in the High Street. Whether you are looking to buy or sell an investment property we can help with valuations, comparable evidence, finding tenants, full management and block management..

New Homes sales & marketing

Whether in London or overseas, we can advise developers and housing associations on the unit mix, pricing, legislation, finance and buyer profiles.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5ShakespeareRd. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dexters Development & Investment, North London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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