8 bedroom detached house for sale
Key information
Property description & features
- Tenure: Freehold
- Development Opportunity
- Planning Permission
- Cinema Room
- Heated swimming pool and sauna
- Gym
- Staff Quarters
- Underground Parking
A rare development opportunity on the prestigious Bishops Avenue. Owned since 1971, Avenue House is now poised for a transformative journey with approved planning permission to replace the existing residence with a grand mansion of approximately 15,000 square feet. Notably, this permission comes with the flexibility of no deadline to commence construction. This represents an extraordinary chance to own a piece of one of London's most prestigious locations, set on a 1/3 acre plot along The Bishops Avenue—also known as 'Billionaire’s Row'. This avenue is renowned for its grandiose homes and proximity to Central London, marking it as a highly sought-after address.
Development Insights
Professional builders estimate the construction of this super mansion on the plot at about £300 per square foot. With planning permission for nearly 15,000 square feet of space, the potential for this property is immense. Our projections suggest that once constructed, the mansion could be valued at a minimum of £1300 per square foot, underscoring the significant investment opportunity at hand.
Executive Summary
• The Bishops Avenue Hampstead, London, United Kingdom
• Widely recognised as the ‘Billionaire's Row'
• One of the most desirable addresses in prime London and celebrated throughout the world for its grand houses and its past & present, infamous & celebrity owners
• New Build Super Mansion Circa 15,000 sq. ft by Messers Charlton Brown Architects has been designed for the location
• 1/3rd Acre Plot
• Planning Consent GRANTED
• ‘Technical Start’ has been recognised by Barnet London Borough Council meaning the normal time limit, to commence construction, is now lifted
• The New building creates: 8 Bedrooms, 7 Bathrooms, 5 Receptions, an Indoor Swimming Pool, a Gym, a Cinema, a Sauna, Staff accommodation, and Underground parking
• A ‘Buyer Information Pack’ can be made available for this property. Please request more information before submitting any offer.
• Should any offer be successful on this property the offer will be subject to a 'Reservation Agreement' with the seller.
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Property reference NEST_RM_55094_3501691. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Nest Seekers International - London.
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Broadband availability and predicted speed: obtained from Ofcom on April 6, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on April 6, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 18, 2014 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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