An opportunity to purchase a substantial plot (approximately 8,275 square feet) on the corner of Edgwarebury Lane and the A41 (Edgware Way.) This is the last remaining undeveloped corner at this junction, consequently precedent has been well established. Full planning consent has been granted to demolish the houses and build a block of eight flats, (3 x 3 bedroom, 3 x 2 bedroom and 2 x 1 bedroom).Our client's architect believes that there is scope to obtain further consent from the Local Authority to add more units.This is potentially a landmark development site, in a prime position, within minutes of central Edgware, and with shops, restaurants, transport links, good quality schools, places of worship and every other local amenity all close by.For full details of the planning consent and the related documents please copy and paste this link into your browser.https://publicaccess.barnet.gov.uk/online-applications/applicationDetails.do?keyVal=RAQ9FYJILI900&activeTab=summary
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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