Block of apartments for sale

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Block of apartments for sale

Friern Barnet Road, London, N11
£12,500,000

Our Summary

  • Planning permission was originally granted in May 2023 (Ref: PP: 1/6002/FUL) for the “demolition of the existing building and redevelopment of the site to provide a new five-storey building comprising 32 self-contained residential units with car and cycle parking”, however, a non-material amendment (Ref: NMA: 23/3558/S73) was granted which reduced the scheme to 31 self-contained units
  • There is also an outstanding planning application (Ref: PP: 23/5223/FUL) for an additional floor which comprises a further 5 residential units (5 x 1 Bedroom) by increasing the gross internal area (GIA) by 342 sq

Description

This newly constructed five-storey building features 31 private self-contained residential units, comprising 18 one-bedroom, 8 two-bedroom, and 5 three-bedroom apartments, with a total net saleable area of 1,941 square meters. The property is located in Monarch Point, just 300 meters from New Southgate Railway Station, which provides direct access to Central London, and 800 meters from Arnos Grove Underground Station. The building also benefits from its proximity to the North Circular and local amenities such as Friern Barnet Village, which offers grocery shops, cafes, and convenience stores. Additionally, there is an outstanding planning application for an additional floor, which would increase the gross internal area by 342 square meters and add five more residential units.
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