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LTRO Collingwood House, Mercers Road, N19

£1,600,000
Chestertons New Homes, London
PROPERTY TYPE

Land

SIZE

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Picture No. 01
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Key features

  • Consented residential development site in Tufnell Park N19
  • Planning permission for six new houses totalling 6,846 sq ft
  • Approximate GDV of £5,960,000
  • PTAL rating of 5

Description

Chestertons are pleased to bring to market this consented residential development opportunity situated to the rear of Collingwood Business Centre, Mercers Road, London N19 4PJ.

Planning consent has been granted for the construction of six new freehold houses, providing a total of 636 m2 (6,846 ft2) of new residential accommodation. The consented scheme comprises 3 x two-bedroom, two-bathroom houses of 97 m2 (1,044 ft2) and 3 x three-bedroom, two-bathroom houses of 115 m2 (1,238 ft2).

Comparable sales in the immediate vicinity support an approximate GDV of £5,960,000, with recent achieved prices ranging from £803 to £869 per ft2 across a directly comparable scheme nearby.

The site benefits from an excellent position in Tufnell Park, one of North London's most sought-after residential enclaves. With a PTAL rating of 5, the site offers outstanding public transport connectivity, with Tufnell Park Underground Station (Northern line) within easy reach alongside a strong network of local bus routes.

The site is held freehold (HMLR Title Number LN130579). Purchasers should note a CIL payment of £360,000 and a Section 106 contribution of £309,000 are due.

The wider freehold interest in the adjoining Collingwood Business Centre may also be available, offering a purchaser the potential to acquire an income-producing asset alongside the development land. Further details are available upon request.

For further details or to arrange an inspection, please contact Chestertons Land & New Homes.

Selling your property in LTRO Collingwood House? Trying to find your perfect home to buy? Register with Chestertons New Homes UK to get the full picture from the experts in the Upper Holloway market.

Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (S-ChestertonsAPAC)

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LTRO Collingwood House, Mercers Road, N19

Approximate location
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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Upper Holloway Station0.4 miles
  • Tufnell Park Station0.6 miles
  • Archway Station0.6 miles
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About Chestertons New Homes, London

5th Floor East, The Lantern Building, 75 Hampstead Road, London, NW1 2PL
Industry affiliations:

Chestertons is a London residential property specialist, helping people buy, sell, let and rent across the capital.

What sets us apart is the combination of street-by-street local expertise and a connected London-wide network of 35+ branches. It means we can bring the right people to your property, and the right property to you - while staying close to the detail that makes the difference.

We know the London market moves quickly, and it doesn’t always move in a straight line. So, we focus on what customers value most in the moments that matter: clear guidance, calm problem-solving, and proactive communication. From the first conversation to final handover, you’ll have experienced people who keep things moving and keep you informed.

Notes

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Disclaimer - Property reference NHE250003. 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 Chestertons New Homes, 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.

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