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Our Summary
- Outline Planning permission for 3-bedroom house
- Strong local demand and investment potential
- *Development Opportunity – Garages & Land, Adjacent to 814 Green Lanes, Winchmore Hill N21 2SB* A rare chance has arisen to acquire a well-located freehold development site in the heart of sought-after Winchmore Hill
- This unique parcel, comprising existing garages and surrounding land, offers outline planning permission for the erection of a contemporary three-bedroom detached house, presenting an outstanding prospect for developers, investors, or self-build enthusiasts
- With an annual rental income of £3,240 from the let garages, the site holds appeal for those seeking a blend of current yield and exceptional future potential
- Planning consent (Reference: 23/02239/OUT, granted September 2023) by Enfield Council allows for the creation of a substantial new family home, or retention of the existing garages for continued investment income
- This is a superb opportunity to build a bespoke home, further develop the site, or retain a valuable income-producing asset in a thriving district
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Description
The freehold development site, located at the corner of Eversley Mount and Green Lanes, spans approximately 2,750 sq ft and includes six individual garages, four with income-producing licence agreements generating £3,240 per year and two with vacant possession. The site has outline planning permission for the erection of a contemporary three-bedroom detached house, with an existing planning consent (Reference: 23/02239/OUT, granted September 2023). The site is situated in a highly desirable residential area with excellent connectivity, including proximity to Winchmore Hill rail station and Southgate Underground.