Oliver James proudly presents this substantial 5-bedroom detached residence, located on the highly sought-after Barnet Lane in Elstree. Set on a generous plot and offering approximately 3,100 sq ft of existing internal accommodation across three floors, this property represents a rare and exciting opportunity for redevelopment, subject to the necessary planning permissions (STPP).
Currently unmodernised, the home is ideal for those looking to: *Undertake a complete refurbishment and modernisation of the existing structure *Demolish and rebuild a bespoke, high-end residence to suit personal or resale objectives *Split the plot or reconfigure the site for multiple dwellings or a boutique apartment scheme (STPP)
Why This Opportunity Stands Out: *Prime Road - Barnet Lane is one of Elstree's most prestigious addresses, surrounded by mature greenery and high-value homes. *Development Flexibility - The size and proportions of the plot offer excellent flexibility for a range of development strategies. *Strong Resale Market - With detached homes in the area achieving strong prices, this location offers outstanding upside potential. *Commuter Access - Easy access to Elstree & Borehamwood Station, the A1 and M25, making it ideal for professionals and families alike. *Vacant Possession - Immediate availability enables swift progression for planning and works.
Ideal For: *Developers seeking a lucrative project in a proven, high-GDV postcode *Investors looking to maximise capital growth through planning uplift *End-users wishing to create their forever home in a discreet, prestigious setting
This is a unique chance to acquire a large, well-located property with significant value-add potential.
Viewings strictly by appointment with Oliver James.
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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