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Woodhouse Road, London N12 House for sale
Halliwick Court, Woodhouse Road, London, Greater London, N12
£450,000
Halliwick Court, Woodhouse Road, London, Greater London, N12
£450,000
Our Summary
- (RISING TO £2,700 IN 2026) WITH POTENTIAL TO DEVELOP THE ROOFSPACE AND PROVIDE 9 NEW APARTMENTSLOCATION & DESCRIPTIONHalliwick Court is a crescent shaped, three storey building, comprising retail shops to the ground floor, with the upper parts comprising 23 apartments, each of which have been sold off on long leases
- TENUREHead lease of the upper parts for a term of 999 years from 1985 at an annual ground rent of £125PLANNINGThere is lapsed planning permission for conversion of the loft space above the second floor flats, with a more recent scheme having been drawn up to provide 9 flats of various sizes within the loft space; this would provide a further 4,541 Sq Ft (422 Sq M) of accommodation
- Some works were undertaken to implement this lapsed consent including provision of half landings
- This scheme was submitted for planning approval in May 2021, but was subsequently withdrawn in April 2023
- Prospective bidders should refer to the London Borough of Barnet Planning Department and the auction legal pack for further details
Description
Halliwick Court is a three-storey building in Finchley, London, comprising 23 apartments and retail shops on the ground floor. The upper parts are held on a 999-year head lease, and the current ground rent is £1,900 per annum, rising to £2,700 in 2026. The property has potential for development, with lapsed planning permission for converting the loft space into nine new apartments. Eight of the flats have circa 50 years unexpired on their current leases, and the most recent renewal premium paid was £46,730. The property is located near Finchley Central and West Finchley stations, with nearby parks, schools, shops, and amenities. The ground floor shops do not form part of the demised premises, and the Freeholder insures the building.