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Price £6,000,000
Postcode See on google map
Type of ad Individual Offer
Sq. Footage 15000 sq.ft.
Description

LAND FOR SALE

£6m

Notting Hill Gate

7000 sq. Ft

The site is in one of the most vibrant locations in Notting Hill Gate. The foundation has been laid down, and considerable capital for a few hundred thousand pounds has been spent clearing this site and piling and foundation.

The property will be a luxury house with a lower ground floor area to be used as parking spaces and a swimming pool. The comparable on the same road for half the size of this house without underground parking and no swimming pool are asking £9m.

The GDV on this house from the bank is £14m.

However, independent surveyors and agents have estimated the resell value of up to £16m. So the build cost for this luxury house with us will cost in the region of £3.5m. Any investor interested in this project could benefit from the works carried out and this land and this desirable location within walking distance to all amenities and public transports.

For more information on this land and other development lands contact: 07761-194240

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