Green Lanes, Southgate, Enfield

THE OPPORTUNITY
Palace Auctions London proudly presents a rare and prestigious freehold development opportunity at the prominent corner of Eversley Mount and Green Lanes, Winchmore Hill, London N21. This exceptional site combines immediate income, outstanding development potential, and a blue-chip location in one of North London’s most desirable and affluent neighbourhoods. Offered with outline planning consent (OPP) granted by the London Borough of Enfield on 5 September 2023 for the erection of a three-bedroom detached dwelling, this is a unique chance to create a substantial new family home in a setting where such opportunities are vanishingly scarce. The guide price is set at just £250,000, and the property is offered for sale by online auction through Palace Auctions London, ensuring a transparent, efficient, and competitive process for all prospective buyers.

Development sites with planning consent in Winchmore Hill N21 are exceptionally rare. The area’s enduring desirability, combined with strict conservation policies and a finite supply of suitable plots, means that opportunities of this calibre are seldom available. When they do arise, they are keenly contested by developers, self-builders, and investors alike, all seeking to capitalise on the area’s outstanding capital values, strong rental demand, and unrivalled lifestyle appeal.

The investment fundamentals are compelling. New three-bedroom detached homes in N21 routinely achieve end values of £900,000 to £1,050,000, supported by robust sales evidence from Zoopla and Rightmove in 2024–2025. With build costs and professional fees carefully budgeted, the gross development margin on this project is substantial, offering the incoming purchaser the prospect of a significant return on investment.

This is not simply a development site — it is a gateway to one of London’s most celebrated residential communities. Winchmore Hill is a byword for leafy tranquillity, architectural beauty, and family-friendly living, repeatedly named among the best places to live in the UK by The Times and The Sunday Times. The site’s location, within or adjacent to the Winchmore Hill Conservation Area and moments from the iconic village green, Grovelands Park, and the vibrant Green Lanes corridor, ensures that any new home built here will enjoy the full benefit of this exceptional setting.

For developers, investors, and self-builders seeking a project with both immediate income and long-term value, this is an opportunity not to be missed. Register now with Palace Auctions London to download the legal pack, arrange a viewing, and secure your place at the auction for one of North London’s most exciting residential development prospects.


THE SITE AND PLANNING CONSENT

The property comprises a prominent freehold corner site at the junction of Eversley Mount and Green Lanes, Winchmore Hill, London N21. The site is currently occupied by six freehold garages, arranged in a block with direct vehicular access from Eversley Mount. The plot’s corner position ensures excellent visibility, ease of access, and a sense of openness that is rare in this established residential area.

Outline Planning Consent (OPP) was granted by the London Borough of Enfield on 5 September 2023 for the erection of a three-bedroom detached dwelling. OPP is a powerful planning tool: it establishes the principle of development for a new home on the site, subject to the subsequent approval of reserved matters covering design, scale, layout, access, and landscaping. This means that the council has already accepted the suitability of the site for residential development of the specified type and scale, significantly de-risking the acquisition for the incoming purchaser.

With OPP in place, the next step for the successful buyer is to prepare and submit a reserved matters application, detailing the proposed design and layout of the new dwelling. This process allows for flexibility and creativity in the final scheme, while ensuring compliance with local planning policies and the character of the surrounding area. The site’s location within or adjacent to the Winchmore Hill Conservation Area means that particular attention will be required at the reserved matters stage to ensure that the new home is sympathetic to the area’s unique architectural and historical context.

The six freehold garages currently on site provide both interim income and operational flexibility. Four of the garages are let under licence, producing a total rental income of £3,240 per annum (£270 per month, £810 per quarter). Garages 2 and 3 are currently vacant, offering the potential to increase income prior to development or to use for storage and site preparation. All licences are terminable on one month’s notice, ensuring that the incoming developer can secure vacant possession of the entire site without delay when ready to commence works.

The freehold title will be sold with vacant possession of the development land, subject to the existing garage licences. This structure provides maximum flexibility for the purchaser, whether their intention is to proceed immediately with reserved matters and construction, or to hold the site as an income-producing investment while finalising their plans.

INTERIM GARAGE INCOME
A key advantage of this opportunity is the presence of six freehold garages on site, providing valuable interim income and operational flexibility for the incoming purchaser. Four of the garages are currently let under licence, generating a total rental income of £3,240 per annum (£270 per month, paid quarterly at £810). This income stream helps to offset holding costs during the planning and pre-construction phases, reducing the financial burden on the developer or investor.
Garages 2 and 3 are currently vacant, offering immediate potential to increase income by letting these units on similar terms, or to use them for storage, site office, or contractor parking during the development process. The flexibility to let or use the garages as required is a significant operational benefit, particularly in a location where secure parking and storage are always in demand.

All garage licences are terminable on one month’s notice, providing the incoming purchaser with complete control over the timing of vacant possession. This means that there is no risk of protracted negotiations or delays when the time comes to commence development. The ability to generate income while preparing and submitting reserved matters applications, finalising construction drawings, and arranging finance is a rare and valuable feature in a development site of this type.

For investors considering a medium-term hold, the garages offer a stable and easily managed income stream, with the added benefit of underlying development value. For developers, the income helps to de-risk the project and improve cash flow during the critical pre-construction period.

THE INVESTMENT CASE
The financial fundamentals of this opportunity are exceptionally strong, underpinned by robust local market data, realistic build cost assumptions, and a clear pathway to value creation.

At the guide price of £250,000, the land cost is highly competitive for a consented site in Winchmore Hill N21, one of North London’s most prestigious and tightly held residential postcodes. Build costs for a standard specification three-bedroom detached house in London in 2025 are estimated at £2,800–£3,500 per square metre, according to RICS and industry data. For a typical gross internal floor area of 110–120 square metres, this equates to a construction cost of £330,000–£385,000 for a mid-to-high specification build. When professional fees (architects, engineers, project managers at 8–15% of build cost), planning fees, utility connections, and a 10–15% contingency fund are included, the total build budget is realistically £350,000–£420,000, with a prudent allowance of £50,000–£60,000 for fees and contingency.

The total all-in project cost (land plus build) is therefore approximately £630,000–£700,000. Against this, the end value (GDV) of a new three-bedroom detached home in N21 is conservatively estimated at £900,000–£1,050,000, based on recent sales evidence from Zoopla and Rightmove in 2024–2025. The average sold price for detached homes in N21 is £1,445,538 across 97 transactions, with new build homes in this location commanding a significant premium, reflecting both scarcity and buyer demand. Developer listings for new 3/4-bedroom homes in N21 start from £1,025,000 (Ridgemount Gardens, Gordon Hill, N21).
The potential gross development margin is therefore in the region of £230,000–£370,000 before finance and sales costs. This represents an outstanding return on investment for a project of this scale and risk profile, particularly given the site’s blue-chip location and the security provided by outline planning consent.

Comparable site sales in North London support the guide price and value proposition. In May 2024, a consented four-bedroom plot on Hoppers Road, Winchmore Hill N21 (6,012 sq ft site) was guided at £700,000 (Barnard Marcus Auction). In Enfield EN2, single plots with or without planning consent typically achieve £250,000–£350,000. Enfield Council’s own land auctions have achieved up to three times the guide price for small consented plots, reflecting the intensity of competition for development land in the borough.

The wider market context is also highly favourable. The £6 billion Meridian Water regeneration project is delivering 10,000 new homes and 6,700 jobs in Enfield, driving up values across the borough. Properties within 1km of major regeneration schemes typically see value uplifts of 10–15% during construction, benefiting homeowners and investors in premium western suburbs such as Winchmore Hill. The Enfield Local Plan targets 25,000 new homes by 2039, with a London Plan target of 1,876 homes per annum for the borough. The policy context is highly supportive of new residential development, particularly on small brownfield sites in established communities like Winchmore Hill.

In summary, this is a project with a clear and compelling investment case: a realistic land cost, manageable build budget, strong end values, and a substantial gross margin, all underpinned by the security of outline planning consent and the enduring appeal of Winchmore Hill N21.

WINCHMORE HILL — THE AREA
Winchmore Hill is a suburb that effortlessly combines historic charm, architectural beauty, and modern vibrancy. Its origins can be traced back to 1319, when it was first recorded as “Wynsemerhull” — Old English for “boundary hill” — reflecting its position on the edge of the ancient parish of Edmonton. For centuries, Winchmore Hill remained a rural hamlet, its village centre perched on high ground and surrounded by oak woods. This isolation made it attractive to groups seeking refuge, such as the Quakers, who established their Meeting House here in 1688. The Meeting House, a Grade II listed building designed by Quaker architect John Bevans, still stands today as a testament to the area’s deep-rooted religious and social history.

The transformation from rural hamlet to thriving suburb began with the arrival of the Great Northern Railway in 1871, connecting Winchmore Hill to central London and catalysing suburban development. The introduction of the electric tramway along Green Lanes in 1907 further enhanced accessibility, making the area increasingly attractive to London’s burgeoning middle class. Despite this growth, Winchmore Hill has retained much of its original character, thanks in large part to the designation of its village green and surrounding streets as a conservation area in 1968, extended in 1994.

The Winchmore Hill Conservation Area encompasses the historic village green and surrounding streets, protecting a harmonious blend of Georgian, Victorian, Edwardian, and interwar architecture. The conservation area is characterised by mature trees, period homes, and a sense of enclosure and intimacy that is rare in London. The area’s architectural diversity includes painted brick cottages, timber-framed houses, grand Edwardian semis, and Art Deco mansions, all contributing to a streetscape of exceptional quality and historic interest.

The area’s demographic profile is notably affluent and family-oriented. According to the 2011 census, the population of Winchmore Hill was 13,403, with an average age of 39 and 27.4% employed in professional occupations. The housing stock is diverse and architecturally rich, ranging from wooden clapboard cottages and painted brick houses dating from the mid-18th century, to Victorian and Edwardian semis and terraces, and magnificent interwar Art Deco mansions.

The most prestigious address in the area is Broad Walk, often referred to as “millionaire’s row,” where grand detached homes back onto the verdant expanse of Grovelands Park. These properties represent the pinnacle of suburban living in North London, commanding some of the highest prices in the borough and attracting buyers from across the capital and beyond.
Winchmore Hill’s unique blend of history, architecture, and community spirit makes it one of London’s most sought-after residential neighbourhoods — a place where tradition and modernity coexist in perfect harmony.

GREEN LANES — THE BEATING HEART
Green Lanes is the main artery running through Winchmore Hill and one of London’s most celebrated multicultural corridors. It has earned the informal title “London’s Little Turkey” for its extraordinary concentration of Turkish, Kurdish, and Cypriot restaurants, cafés, and food shops.
Local institutions such as Hala, Gokyuzu, Diyarbakir, and Babinondas serve authentic dishes including shish and Adana kofte kebabs, manti (Turkish ravioli), pide, lahmacun, and a dazzling array of desserts including baklava, kunefe, and simit. Specialist food shops such as Yasar Halim are legendary destinations for fresh baklava, Cypriot village bread, and traditional Turkish grocery items.
Family-run greengrocers, butchers, and bakeries line the street, offering a rich tapestry of goods and services that reflect the area’s multicultural heritage. The annual Green Lanes Food Festival is a highlight of the local calendar, bringing the community together to celebrate its culinary diversity.
Crucially, Green Lanes in Winchmore Hill has no large chain stores — it remains a genuine bastion of local enterprise and independent retail, a rarity in modern London. The corridor is multilingual and vibrant: Turkish, Greek, Albanian, Kurdish, and Bulgarian languages are commonly heard, reflecting the area’s rich tapestry of communities.
The Salisbury Pub, a local landmark, serves as a focal point for social activity and community spirit, hosting events and providing a welcoming space for residents and visitors alike.

THE BROADWAY — BOUTIQUE RETAIL AND LEISURE
The Broadway is another key commercial hub in Winchmore Hill, offering a distinctive blend of boutique stores, essential local services, and characterful pubs that cater to the needs and tastes of the community.

Boutique stores such as ME Winchmore Hill (fashion), Agha Interior Home and Design (specialist home décor), and Bike Boutique (cycles and accessories) provide residents with access to the latest trends in fashion, home décor, and cycling, all within walking distance of the village green.
The Broadway’s retail landscape is complemented by a range of local services, including beauty salons, health clinics, and professional offices, ensuring that residents have convenient access to everything they need for daily life. The presence of long-established businesses alongside newer ventures creates a dynamic and evolving high street that reflects the changing tastes and demographics of the area.
The pub scene is strong: the King’s Head, Queens Head, and The Salisbury Arms offer traditional hospitality, while On Broadway is a much-loved family-run sports pub featuring nine big screens showing major sports channels, live music nights, and a Caribbean-inspired food menu. Community events and seasonal fairs bring residents together throughout the year, fostering a strong sense of belonging and pride.

GROVELANDS PARK — THE JEWEL IN THE CROWN
Grovelands Park is widely regarded as the “jewel in the crown” of Winchmore Hill, offering residents and visitors a tranquil escape amidst lush greenery, historic landmarks, and a wealth of recreational facilities.
The park’s origins date back to the late 18th century, when Walker Gray, a wealthy Quaker brewer, commissioned the renowned architect John Nash (later responsible for Buckingham Palace, Regent Street, and the Brighton Pavilion) to design a magnificent neo-classical mansion — Grovelands House. The mansion, now Grade I listed, remains a prominent feature of the park, its elegant façade overlooking the lake and gardens.
Gray also engaged the celebrated landscape gardener Humphry Repton to lay out the grounds, creating sweeping lawns, pleasure gardens, and an ornamental lake formed by damming the Bourne stream. In 1913, 64 acres of the estate were purchased by Southgate Urban District Council and opened to the public, preserving the core of Repton’s landscape for future generations.
Today, Grovelands Park covers 40 hectares and is designated as a Grade II* listed site on the Register of Historic Parks and Gardens — one of the highest levels of heritage protection available for a park in England. The park offers outstanding recreational facilities, including tennis courts, a children’s adventure playground, a pitch and putt golf course, basketball courts, bowling greens, and pitches for cricket and football.
A welcoming lakeside café provides refreshments and a place to relax after exploring the park’s many paths and trails. The weekly Parkrun attracts participants from across the borough, while wildlife thrives in the park’s diverse habitats: birdwatchers regularly spot rare species, butterflies flit across the meadows, bats emerge at dusk, and the occasional Muntjac deer wanders through the ancient woodland.
The Friends of Grovelands Park, a dedicated volunteer group, works closely with Enfield Council to maintain and enhance this magnificent public space, ensuring that it remains a cherished asset for the community.

EDUCATION — OUTSTANDING SCHOOLS

Winchmore Hill is renowned for its excellent educational provision, with a diverse range of primary and secondary schools that consistently achieve strong academic results and positive Ofsted ratings.
St Paul’s CofE Primary School on Ringwood Way, N21, is one of the area’s most highly regarded primary schools. Rated “Good” by Ofsted in its most recent inspection (December 2023), the school has a capacity of 420 pupils and ranks in the top 7% of schools nationally by attainment and the top 9% by progress. In 2019, 91% of Year 6 pupils reached the expected standard in reading, writing, and maths combined, significantly above the national average. The school offers wraparound care from 7:45am to 5:45pm and a broad curriculum including specialist arts and sport teaching. St Paul’s is consistently oversubscribed, reflecting its outstanding reputation.
Other local primaries serving the area include Highfield Primary School, Grange Park Primary School, Firs Farm Primary School, St Monica’s RC Primary School, and the Hazelwood Junior and Infant Schools. For families preferring the independent sector, Keble Preparatory School and Grange Park Preparatory School are within easy reach.
Winchmore School on Laburnum Grove is the principal state secondary school serving the area. Rated “Good” by Ofsted (September 2022), the school ranks in the top 7% of schools nationally and benefits from an excellent 16:1 pupil-to-teacher ratio (top 15% nationally), reflecting a supportive and attentive learning environment. A 55% maths pass rate places it in the top 35% nationally, while an impressive 6% pupil absence rate (well below the national average) reflects high engagement. The school’s sixth form offers A-levels and vocational courses across a wide range of subjects.
Other nearby secondary schools include The Latymer School in Edmonton — a highly selective, oversubscribed grammar school with a national reputation for academic excellence — Highlands School, St Anne’s Catholic High School for Girls, and Enfield Grammar School.
The Latymer School on Haselbury Road is a highly selective grammar school with a national reputation for academic excellence. Rated “Good” by Ofsted (March 2022), with outstanding provision in the sixth form and for personal development, the school has 1,374 pupils and a capacity of 1,438. In 2024–25, 37% of grades achieved were grade 9, 66.1% were grade 8 and above, and 84.4% were grade 7 and above. The school’s Progress 8 and Attainment 8 scores are consistently well above national averages, reflecting exceptional academic achievement. The Latymer School offers a broad and ambitious curriculum, including languages such as German, Latin, Russian, and French. Almost all pupils follow the English Baccalaureate suite of subjects in Years 10 and 11. The school’s sixth form is outstanding, with most students progressing to top universities, including Oxbridge. Attendance is excellent, with very low absence rates.
For families, the breadth and quality of educational provision in and around Winchmore Hill N21 is genuinely exceptional and represents one of the area’s most compelling attributes.
TRANSPORT CONNECTIONS — EXCEPTIONAL CONNECTIVITY
Winchmore Hill N21 is exceptionally well-connected, offering residents rapid and convenient access to central London and beyond by rail, Underground, bus, and road.
Rail:
Winchmore Hill railway station is located in Travelcard Zone 4 and is served by Great Northern trains (Govia Thameslink Railway) on the Hertford Loop Line. Oyster and contactless payment are accepted. Direct trains run to Moorgate — the City terminus — with the fastest journey taking just 25 minutes and the average journey time of 29 minutes. There are 58 direct trains per day, with the first departure at 04:38 and the last at 00:08, offering exceptional coverage for early-starts and late returns. During peak hours, trains run every 20–30 minutes. For London Liverpool Street, the journey requires one change, with the fastest service taking 38 minutes; there are 51 services per day. For Seven Sisters station — the key interchange for the Victoria Line — the journey takes 33–34 minutes with one change, connecting residents to the West End, Oxford Circus, Brixton, and beyond.
Underground:
Southgate Underground station on the Piccadilly Line sits just 1.9km from Winchmore Hill. Bus 125 runs directly between Winchmore Hill and Southgate, with journey times of 4–11 minutes and a frequency of 7 or more buses per hour. By car, the journey takes 5–10 minutes. From Southgate, Piccadilly Line trains run every 5 minutes at peak: King’s Cross St Pancras (Eurostar and six Underground lines) is just 22 minutes away; the West End at Piccadilly Circus is 33 minutes.
Bus:
Route 125 links Winchmore Hill with Southgate, Whetstone, Finchley Central, North Finchley, and Colindale, running every 10 minutes during peak hours (first 05:50, last 23:46). Route 329 connects Enfield Town through Winchmore Hill to Palmers Green, Wood Green (with Victoria line connection), and Turnpike Lane (Piccadilly Line), running every 8–10 minutes at peak from 05:25. Route 456 provides a vital link from Crews Hill and Enfield Town through Winchmore Hill to North Middlesex University Hospital, running every 30 minutes.
For commuters, families, and investors alike, the area’s transport infrastructure is a major asset, underpinning both lifestyle and long-term value.

ROAD LINKS
Winchmore Hill is strategically positioned for motorists, with rapid access to several of North London’s most important arterial roads.
The A10 Great Cambridge Road is approximately 5 minutes from the property and provides one of the most important north-south routes in North London: heading south it delivers drivers to the City of London and the West End; heading north it connects to the M25 at Junction 25, approximately 6 miles away (approximately 15 minutes in normal traffic).
The A406 North Circular Road is approximately 5–10 minutes from the property and provides the principal east-west ring road around North London, linking directly to Heathrow Airport, Stansted Airport (via the M11), Brent Cross shopping centre, Wembley, and the Docklands via the A12 and A13.
The M25 London Orbital motorway at Junction 25 (Waltham Cross/Cheshunt) gives access to the entire national motorway network and all major airports. For motorists, Winchmore Hill’s position provides an enviable balance of city accessibility and suburban tranquillity.

CYCLING INFRASTRUCTURE
Winchmore Hill has been transformed as a cycling destination by Cycle Enfield’s £42 million “Mini Holland” programme, one of the most ambitious cycling infrastructure investments in outer London.
Green Lanes (A105) now features continuous, lightly segregated cycle lanes with physical barriers providing a safe, Dutch-style cycling environment suitable for all ages and abilities. The programme has also created a network of quietways and greenways using residential back streets and parkland paths, including the beautiful New River Path and routes into Lee Valley Regional Park and Trent Park.
For those cycling to work, the A105 provides a direct, protected route towards Palmers Green, Wood Green, and beyond. Local cycle shops — Bike Boutique on Station Road and Le Peloton Cycles on Green Lanes — provide expert sales, repairs, and servicing, making Winchmore Hill a genuinely cycle-friendly neighbourhood.

THE NORTH LONDON PROPERTY MARKET
The N21 residential property market remains one of the most resilient and sought-after in outer North London. The average house price in N21 stands at £732,710 (Zoopla, last 12 months, all types), with detached homes commanding premiums ranging from £705,000 at the entry level to £1,241,000 for the finest homes on prestigious roads such as Broad Walk. The average sold price for detached homes in N21 is £1,445,538 across 97 transactions.
Demand consistently outstrips supply, particularly for larger family homes, creating a market in which quality new builds achieve exceptional prices. Within Enfield Borough, the ambitious £6 billion Meridian Water regeneration project is delivering 10,000 new homes and 6,700 new jobs — one of the largest regeneration schemes in outer London. Properties within 1km of major regeneration schemes typically see value uplifts of 10–15% during construction, benefiting homeowners and investors across the borough, including in the premium western suburbs such as Winchmore Hill.

The borough’s housing target of 25,000 new homes by 2039, combined with a Local Plan that prioritises high-quality family-sized dwellings and sustainable communities, underlines the long-term structural demand for residential development. Development land in N21 with planning consent is genuinely scarce, making sites such as this one a rare and highly coveted commodity.
Enfield Council’s own land auctions have achieved up to three times the guide price for small consented plots, reflecting the intensity of competition for consented residential sites in the area.

WHY BUY AT AUCTION
Palace Auctions London’s auction route offers developers and investors a series of compelling advantages over purchasing through private treaty.
Speed and Certainty:
When the hammer falls, contracts are exchanged immediately and both buyer and seller are legally bound; a 10% deposit (minimum £5,000) is paid on the day, and completion typically takes place within 28 days. There is no risk of gazumping, no risk of fall-through, and no uncertainty about timescales. For developers, rapid site acquisition means earlier project commencement, reduced holding costs, and earlier revenue realisation.

Full Due Diligence:

A comprehensive legal pack, including official copies of the register of title, the title plan, the planning consent documentation, local searches, the Special Conditions of Sale, and any relevant correspondence, is available to download now from palaceauctions.com. Prospective buyers are strongly urged to review the legal pack in full with their solicitor before bidding.
Access to Exceptional Property:
Consented development sites in prime North London postcodes rarely reach the open market through traditional estate agency; auction provides the broadest platform for these exceptional assets to reach the widest possible audience.

ABOUT PALACE AUCTIONS LONDON
Palace Auctions London is a leading specialist property auction house with deep expertise in North and Central London’s residential and development land markets. The firm brings together a dedicated team of property professionals committed to delivering transparent, efficient, and market-leading auction results.

Palace Auctions London’s registered buyers to participate from anywhere in the UK, ensuring maximum competition and optimal results for sellers. The firm’s portfolio of auction lots spans the full spectrum of investment and development opportunity — from individual residential investments and vacant possession homes to complex development sites, commercial properties, and mixed-use assets.
Buyers can trust that every lot offered by Palace Auctions London has been rigorously assessed and that all material information is disclosed clearly and in full.

AUCTION AND LEGAL INFORMATION
FOR SALE BY AUCTION — Palace Auctions London.
GUIDE PRICE: £250,000. The guide price is an indication of the seller’s minimum expectation at auction and is NOT the reserve price. The reserve price is a confidential figure below which the property will not be sold. The guide price may be revised upwards or downwards prior to the auction date; prospective purchasers should check palaceauctions.com for the latest guide price.

BUYER’S PREMIUM: A buyer’s premium is payable by the successful purchaser in addition to the purchase price. The exact amount or percentage is set out in the Special Conditions of Sale within the legal pack. Prospective purchasers must review the legal pack carefully to understand the full financial obligations before bidding.

LEGAL PACK: A comprehensive legal pack is available to download now at palaceauctions.com. This pack includes the official copy of the register of title, the title plan, the planning consent documentation, local authority and environmental searches, draft transfer, Special Conditions of Sale, and all other relevant documentation. Prospective purchasers are strongly urged to download and review the legal pack in full and to instruct their own solicitor prior to bidding. Amendments and addenda may be issued prior to auction — buyers should check the legal pack for the latest version.

AUCTION PROCESS: When the hammer falls, the successful bidder is immediately bound to a legally binding contract of sale. A 10% deposit (subject to a minimum of £5,000) is payable by the winning bidder on the day of the auction by bank transfer or cleared cheque. Completion of the purchase typically takes place within 28 days of the auction date, unless otherwise stated in the Special Conditions of Sale. Buyers must ensure their financial arrangements are in place prior to bidding, as there is no cooling-off period following the fall of the hammer.

VIEWING AND REGISTRATION: Site viewings are available by appointment — please contact Palace Auctions London to arrange your visit. All prospective bidders must pre-register at palaceauctions.com