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Popular
Total views:  2500+
Guide price
£1,750,000

Land for sale

Pembroke Street, London
Sold STC
Land
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Residential Development
  • Land
  • Freehold Investment
  • Freehold

A prime development site for sale in the heart of Kings Cross, near the vibrant regeneration area. The site, located on Pembroke Street near its junction with Earlsferry Way. The site previously had planning consent for 13 new-build flats which was built but at that time contravened planning so the local authority insisted on its then demolition.

Covering approximately 0.0428 acres, the site had approved plans for a five-story building plus a basement, which was previously excavated with a ring beam, and footings were constructed and later filled in, so, a potential substantial cost savings.

Kings Cross is one of North London most sought-after locations, known for its thriving community and premium property values.

Goldschmidt & Howland handled a new build scheme in the adjacent road where we achieved £1,031.27 per sq ft. We believe a similar pound per sq. ft should be achieved, providing the new scheme is finished to a similar standard and market conditions continue. Therefore, with a similar footprint as previously consented the resales for the new scheme should be in the region of £8,750,000 subject to planning.

Freeling Street as shown in the title plan no longer exists and the land formerly known as Freeling Street is unregistered land and not included in the sale.
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About this agent

Goldschmidt & Howland - Temple Fortune
Goldschmidt & Howland - Temple Fortune
1197-1199 Finchley Road Temple Fortune, London NW11 0AA
020 8022 7063
Full profileProperty listings
Goldschmidt & Howland Estate Agents are the leading professional Sales and Lettings Agency in the North, North West and West London areas. Specialising in property for sale, property for rent, property developments, property management and a range of property services. Having been established since 1888 we have a unique understanding of the areas we cover and what they have to offer, with essential information gathered from a wide range of sources.
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