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Residential Development/ Refurbishment Opportunity Hampstead Elm Tree House, 13 Netherhall Gardens, Hampstead, NW3 5RN For Sale
■■ Prime residential development/refurbishment opportunity in one of the most desirable roads in Hampstead ■■ Prominent four storey former dwelling house currently comprising 8 self contained flats (1 x 1 bed, 4 x 2 bed and 3 x 3 bed) ■■ The property extends to a total GIA of 9,645 sq ft (896 sq m) ■■ 950 metres south of Hampstead Village and 300 metres north of Finchley Road London Underground station ■■ Freehold and long leasehold interests for sale with vacant possession
savills.co.uk
Location
Planning
Tenure
The property is located at the southern end of Netherhall Gardens in Hampstead. The immediate area is residential in character, with substantial Victorian houses and some modern buildings.
The property is within the London Borough of Camden and it falls within the Fitzjohns/ Netherhall Conservation Area (Sub Area 1). It has been indentified by the LPA within the “Fitzjohns/Netherhall Conservation Area Statement (2001)” as being a building that makes a “positive contribution” to the character and appearance of the Conservation Area. The property is classified as a C3 use of the use classes order. A full summary of the planning history is available in the dataroom.
There is both a freehold interest and long leasehold interest within the site ownership. The freehold interest (Title No. 164347) is shown in blue on Plan A below and the long leasehold (Title No. NGL380872) is shown in green.
A range of independent and convenience retailers including Waitrose and Marks & Spencer, along with restaurants and cafés can be found approximately 300m (0.2 miles) to the west on Finchley Road and more extensive retail and leisure amenities can be found at the O2 Centre, Finchley Road. Hampstead Village is approximately 900m (0.5 miles) to the north of the property and is one of the most sought-after areas in London. Hampstead village offers a range of independent cafés, restaurants and boutique retailers. The village is characterised by a mixture of Georgian, Edwardian and Victorian architecture with a large cluster of Grade II Listed buildings. Hampstead Heath is 1.7km (1.1 miles) to the north-east of the property. The park covers 320 hectares (790 acres) of public open space with far-reaching views over London.
The property has potential for either new build residential development or refurbishment, subject to obtaining the necessary consents.
VAT The property is not elected for VAT.
The long leasehold is for 999 years (less 10 days) from 12 July 1886, between the vendor and Sir Spencer Maryon MaryonWilson and William Hunt. A railway tunnel runs under the southeastern corner of the Elm Tree House front garden, below a small piece of the land held as a long leasehold interest.
Method of Sale The property is part freehold and part long leasehold, and is for sale with vacant possession by way of informal tender (unless sold prior).
N
The property is well-served by public transport and has a PTAL rating of 6a. It is 300m (0.2 miles) north of Finchley Road London Underground station (Jubilee and Metropolitan Lines), providing direct services to the West End (Bond Street 8 minutes) and The City (Liverpool Street 23 minutes). Finchley Road and Frognal London Overground Station is 500m (0.3 miles) to the north-west of the property. Several bus routes operate along Finchley Road.
Description The freehold and long leasehold interests for sale extend to approximately 0.16 hectares (0.40 acres). The property comprises a 4 storey former dwelling house, which has been converted to 8 self contained flats. In recent years, the flats have been let on assured shorthold tenancies.
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited.
Plan A
The property is in a tired condition internally and there are signs of structural movement in the existing fabric of the building. Samara Apartments neighbours Elm Tree House on the southern side and consists of 9 luxury apartments within a new build, residential development that was completed in 2013. 14 Netherhall Gardens is another local scheme which recently completed, providing 14 self-contained luxury apartments.
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited.
Existing Floor Plans
RESTRICTED HEIGHT
1 : 150 CM. 1
2
3
4
5
150
300
450
600
750
BEDROOM
BEDROOM RECEPTION ROOM EAVES
HALL UP
BEDROOM
KITCHEN
IN FLAT 7
FIRE ESCAPE LADDER
IN FLAT 6 IN FLAT 5
BEDROOM
KITCHEN BEDROOM FIRE ESCAPE LADDER
UP
KITCHEN HALL
BEDROOM
RESTRICTED HEIGHT EAVES
RECEPTION ROOM
EAVES
RESTRICTED HEIGHT
BEDROOM
SECOND FLOOR
THIRD FLOOR
LOBBY
BEDROOM
UP
UP
BEDROOM
LOBBY
LOBBY
UP IN FLAT 8
HALL
KITCHEN BEDROOM
HALL
KITCHEN
UP
UP
KITCHEN
LOBBY
IN FLAT 2
HALL
IN FLAT 3
UP
IN FLAT 1
FIRE ESCAPE LADDER
IN FLAT 4
RECEPTION ROOM
RECEPTION ROOM
BEDROOM
RECEPTION ROOM
BEDROOM RECEPTION ROOM
BEDROOM
BEDROOM
BEDROOM BEDROOM
SHOWER
BEDROOM
RECEPTION ROOM
BEDROOM RECEPTION ROOM BALCONY
BASEMET
FIRST FLOOR GROUND FLOOR
Viewings
Accommodation Schedule The property is currently split into 8 flats as detailed below. The total GIA of the building is 9,645 sq ft (896 sq m): Flat No.
Floor
Type
Sq m (NSA)
Sq ft (NSA)
EPC
Flat 1
Ground
3 bed
118
1,269
D - 55
Flat 2
Ground
3 bed
104
1,118
E - 47
Flat 3
First
2 bed
91
978
D – 58
Flat 4
First
3 bed
114
1,225
D – 59
Flat 5
Second
2 bed
99
1,065
D – 61
Flat 6
Second
2 bed
88
946
F – 38
Flat 7
Third
2 bed
62
667
F – 30
Flat 8
Basement
1 bed
50
538
C - 72
726
7,806
Total
*The EPC certificates and recommendation reports are available on the dataroom.
Viewings are strictly by appointment. Please contact the joint selling agents to make an appointment.
Further Information Further information, including floor plans, planning documents and surveys are available at: www.savills.com/elmtreehouse
Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Sale particulars produced September 2017. 170919HB
Darren Arnold +44 (0) 207 409 9926 [email protected]
33 Margaret Street London W1G 0JD
savills.co.uk
Sean Cooper +44 (0) 207 409 9948 [email protected] Hugh Bushell +44 (0) 207 075 2860 [email protected]
88 Belsize Lane Hampstead London NW3 5BE
admiral-property.co.uk
Ian Cundy +44 (0) 207 431 1133 [email protected] Helen Kovari +44 (0) 207 431 1133 [email protected]
■■ Prime residential development/refurbishment opportunity in one of the most desirable roads in Hampstead ■■ Prominent four storey former dwelling house currently comprising 8 self contained flats (1 x 1 bed, 4 x 2 bed and 3 x 3 bed) ■■ The property extends to a total GIA of 9,645 sq ft (896 sq m) ■■ 950 metres south of Hampstead Village and 300 metres north of Finchley Road London Underground station ■■ Freehold and long leasehold interests for sale with vacant possession
savills.co.uk
Location
Planning
Tenure
The property is located at the southern end of Netherhall Gardens in Hampstead. The immediate area is residential in character, with substantial Victorian houses and some modern buildings.
The property is within the London Borough of Camden and it falls within the Fitzjohns/ Netherhall Conservation Area (Sub Area 1). It has been indentified by the LPA within the “Fitzjohns/Netherhall Conservation Area Statement (2001)” as being a building that makes a “positive contribution” to the character and appearance of the Conservation Area. The property is classified as a C3 use of the use classes order. A full summary of the planning history is available in the dataroom.
There is both a freehold interest and long leasehold interest within the site ownership. The freehold interest (Title No. 164347) is shown in blue on Plan A below and the long leasehold (Title No. NGL380872) is shown in green.
A range of independent and convenience retailers including Waitrose and Marks & Spencer, along with restaurants and cafés can be found approximately 300m (0.2 miles) to the west on Finchley Road and more extensive retail and leisure amenities can be found at the O2 Centre, Finchley Road. Hampstead Village is approximately 900m (0.5 miles) to the north of the property and is one of the most sought-after areas in London. Hampstead village offers a range of independent cafés, restaurants and boutique retailers. The village is characterised by a mixture of Georgian, Edwardian and Victorian architecture with a large cluster of Grade II Listed buildings. Hampstead Heath is 1.7km (1.1 miles) to the north-east of the property. The park covers 320 hectares (790 acres) of public open space with far-reaching views over London.
The property has potential for either new build residential development or refurbishment, subject to obtaining the necessary consents.
VAT The property is not elected for VAT.
The long leasehold is for 999 years (less 10 days) from 12 July 1886, between the vendor and Sir Spencer Maryon MaryonWilson and William Hunt. A railway tunnel runs under the southeastern corner of the Elm Tree House front garden, below a small piece of the land held as a long leasehold interest.
Method of Sale The property is part freehold and part long leasehold, and is for sale with vacant possession by way of informal tender (unless sold prior).
N
The property is well-served by public transport and has a PTAL rating of 6a. It is 300m (0.2 miles) north of Finchley Road London Underground station (Jubilee and Metropolitan Lines), providing direct services to the West End (Bond Street 8 minutes) and The City (Liverpool Street 23 minutes). Finchley Road and Frognal London Overground Station is 500m (0.3 miles) to the north-west of the property. Several bus routes operate along Finchley Road.
Description The freehold and long leasehold interests for sale extend to approximately 0.16 hectares (0.40 acres). The property comprises a 4 storey former dwelling house, which has been converted to 8 self contained flats. In recent years, the flats have been let on assured shorthold tenancies.
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited.
Plan A
The property is in a tired condition internally and there are signs of structural movement in the existing fabric of the building. Samara Apartments neighbours Elm Tree House on the southern side and consists of 9 luxury apartments within a new build, residential development that was completed in 2013. 14 Netherhall Gardens is another local scheme which recently completed, providing 14 self-contained luxury apartments.
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited.
Existing Floor Plans
RESTRICTED HEIGHT
1 : 150 CM. 1
2
3
4
5
150
300
450
600
750
BEDROOM
BEDROOM RECEPTION ROOM EAVES
HALL UP
BEDROOM
KITCHEN
IN FLAT 7
FIRE ESCAPE LADDER
IN FLAT 6 IN FLAT 5
BEDROOM
KITCHEN BEDROOM FIRE ESCAPE LADDER
UP
KITCHEN HALL
BEDROOM
RESTRICTED HEIGHT EAVES
RECEPTION ROOM
EAVES
RESTRICTED HEIGHT
BEDROOM
SECOND FLOOR
THIRD FLOOR
LOBBY
BEDROOM
UP
UP
BEDROOM
LOBBY
LOBBY
UP IN FLAT 8
HALL
KITCHEN BEDROOM
HALL
KITCHEN
UP
UP
KITCHEN
LOBBY
IN FLAT 2
HALL
IN FLAT 3
UP
IN FLAT 1
FIRE ESCAPE LADDER
IN FLAT 4
RECEPTION ROOM
RECEPTION ROOM
BEDROOM
RECEPTION ROOM
BEDROOM RECEPTION ROOM
BEDROOM
BEDROOM
BEDROOM BEDROOM
SHOWER
BEDROOM
RECEPTION ROOM
BEDROOM RECEPTION ROOM BALCONY
BASEMET
FIRST FLOOR GROUND FLOOR
Viewings
Accommodation Schedule The property is currently split into 8 flats as detailed below. The total GIA of the building is 9,645 sq ft (896 sq m): Flat No.
Floor
Type
Sq m (NSA)
Sq ft (NSA)
EPC
Flat 1
Ground
3 bed
118
1,269
D - 55
Flat 2
Ground
3 bed
104
1,118
E - 47
Flat 3
First
2 bed
91
978
D – 58
Flat 4
First
3 bed
114
1,225
D – 59
Flat 5
Second
2 bed
99
1,065
D – 61
Flat 6
Second
2 bed
88
946
F – 38
Flat 7
Third
2 bed
62
667
F – 30
Flat 8
Basement
1 bed
50
538
C - 72
726
7,806
Total
*The EPC certificates and recommendation reports are available on the dataroom.
Viewings are strictly by appointment. Please contact the joint selling agents to make an appointment.
Further Information Further information, including floor plans, planning documents and surveys are available at: www.savills.com/elmtreehouse
Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Sale particulars produced September 2017. 170919HB
Darren Arnold +44 (0) 207 409 9926 [email protected]
33 Margaret Street London W1G 0JD
savills.co.uk
Sean Cooper +44 (0) 207 409 9948 [email protected] Hugh Bushell +44 (0) 207 075 2860 [email protected]
88 Belsize Lane Hampstead London NW3 5BE
admiral-property.co.uk
Ian Cundy +44 (0) 207 431 1133 [email protected] Helen Kovari +44 (0) 207 431 1133 [email protected]
