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MapProperty for sale
Nightingale Walk, Hemel Hempstead, Hertfordshire, HP2
Property
Key information
Tenure: Leasehold
Council tax: Ask agent
Broadband: Super-fast 64Mbps *
Mobile signal:
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Features and description
- Airspace development
- Planning permission granted for twelve apartments
- Desirable location
- Approximate GDV of £2,760,000
- CIL Liability of approx. £105,000
- GIA of 6456sqft
MASSIVE PRICE REDUCTIONFreehold airspace with planning approval!
A fantastic opportunity to acquire this airspace lease with planning permission for twelve apartments in the desirable Hertfordshire location of Hemel Hempstead.
The lease is sold with the benefit of providing 12 long leasehold interests (one for each apartment)together with a demised parking space for each apartment.
Each apartment is 50sqm in size and a one bedroom/two-person apartment.
Planning reference: Dacorum Borough Council 24/00588/DPA Dated 3rd of May 2024
(Construction of two additional storeys of new dwellinghouses above 1-12 and 26-31 Nightingale Walk to provide 12 new residential units (Class C3))
The Gross Internal Area of approx. 6456sq. ft. (600m2). There will be a CIL liability of approx. £105,000.
There is an obligation to; make alterations to the current car park in order to provide additional spaces, enlarge the bin storage and the purchaser is required to adhere to all planning conditions.
Martyn Gerrard's New Homes team have advised of a GDV of £2,760,000 once the properties have been built. (£230,000 per completed unit)
Hemel Hempstead has always enjoyed a reputation as a highly desirable residential area, with a bustling town centre containing restaurants, shops and leisure spaces.
Transport links are excellent, with the M1, A1 and M25 being within a 5 minutes’ drive, and Luton, Stanstead and Heathrow Airports are all within a 45 minute drive.
Tenure : Long leasehold
Guide Price : £600,000
An excellent opportunity for a developer or investor.
Viewings are strictly by appointment only
PLEASE NOTE: One of the Directors of Martyn Gerrard Estate Agents has a substantial interest in the vendor company.
A fantastic opportunity to acquire this airspace lease with planning permission for twelve apartments in the desirable Hertfordshire location of Hemel Hempstead.
The lease is sold with the benefit of providing 12 long leasehold interests (one for each apartment)together with a demised parking space for each apartment.
Each apartment is 50sqm in size and a one bedroom/two-person apartment.
Planning reference: Dacorum Borough Council 24/00588/DPA Dated 3rd of May 2024
(Construction of two additional storeys of new dwellinghouses above 1-12 and 26-31 Nightingale Walk to provide 12 new residential units (Class C3))
The Gross Internal Area of approx. 6456sq. ft. (600m2). There will be a CIL liability of approx. £105,000.
There is an obligation to; make alterations to the current car park in order to provide additional spaces, enlarge the bin storage and the purchaser is required to adhere to all planning conditions.
Martyn Gerrard's New Homes team have advised of a GDV of £2,760,000 once the properties have been built. (£230,000 per completed unit)
Hemel Hempstead has always enjoyed a reputation as a highly desirable residential area, with a bustling town centre containing restaurants, shops and leisure spaces.
Transport links are excellent, with the M1, A1 and M25 being within a 5 minutes’ drive, and Luton, Stanstead and Heathrow Airports are all within a 45 minute drive.
Tenure : Long leasehold
Guide Price : £600,000
An excellent opportunity for a developer or investor.
Viewings are strictly by appointment only
PLEASE NOTE: One of the Directors of Martyn Gerrard Estate Agents has a substantial interest in the vendor company.
About this agent
Martyn Gerrard has been proudly helping people achieve their property dreams since 1964, and we’re honoured to have been recognised not only as the best estate agent in London, but also the best in the UK. With 12 strategically located offices, we specialise in selling and letting homes across North and North West London. Our connected network means the sales and lettings teams across all 12 offices work together to market your property, giving it maximum exposure and increasing the chances of a successful sale or let. This unique approach offers a Multi-Agency Service for a Sole Agency Fee, delivering outstanding value and results.