£250,000

Land for sale

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Freehold

Guide price

£250,000

(£3/sq. ft)

Land for sale

Arkley Drive, Barnet EN5

87,120 sq. ft

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Whitings Hill Primary School 0.6 miles
  • Queen Elizabeth's School, Barnet 0.9 miles
  • High Barnet 1.6 miles
  • Elstree & Borehamwood 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Overage rights at the land at Arkley Lane, Barnet, EN5 3LN

The property is not part of the sale but comprises this site of 2 acre which sits between existing dwellings. The purchaser of this lot will receive 15% of the increase in land value as and when planning permission is granted for development. Whilst it is understood an application has not yet been submitted, these details show an indicative scheme that the land owner may wish to consider. The overage rights exist for a period of 80 years from 2023. The land owner does not have to submit a planning application - This can also be submitted by a third party to gain the overage trigger.

Annual Fee income:
The buyer of this lot, will receive 15% of the land increase in land value as and when planning is granted

Tenure:
Full details of the overage registered with the Land Registry are available from the auctioneers
and within the legal pack to download from the auctioneers web site.

Floor plans and tours

Floor plans

No floor plan available

Tours

No virtual tour available

More information

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Listed by

Barney Estates and Auctioneers

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Property descriptions and related information displayed on this page are marketing materials provided by - Barney Estates and Auctioneers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Barney Estates and Auctioneers for full details and further information.

  1. Zoopla
  2. For sale
  3. Hertfordshire
  4. North London
  5. Barnet (London Borough)
  6. Barnet
  7. Arkley
  8. Arkley Drive

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