A Virtual Freehold Roof Space Offered with Prior Approval Consent for a Single Storey Extension to Create Seven Additional Flats (5 x Two Bedroom, 2 x One Bedroom)

The property comprises the roof space above the existing building which is currently arranged over ground and four upper floors.

Tenure

Leasehold. The property is held on a 999 year lease from 17th February 2017 (thus approximately 992 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Whittington Park are within easy reach. Transport links are provided by Holloway Road underground station (Piccadilly line) and Drayton Park rail station.

Planning

Islington Borough Council granted the following planning permission (ref: P2021/2101/FUL) on 15th February 2022: 'Proposed mansard extension with dormer windows to create 7 self contained flats (3no. x 2 bedroom 4-person units, 2no. x 2 bedroom 3-person units and 2no. x 1 bedroom 1-person units) on the existing flat roof, plus associated amenity space, lift shaft extended and reinstated, existing chimneys to be extended above proposed roof level, water tanks replaced and cycle storage and refuse storage'.

We understand from the vendor that the freeholder has given consent for the development. A fire strategy and structural report is available within the legal pack.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.