Fancy a pad in Battersea, but can’t quite stretch to the Power Station prices? How about a passageway with planning potential instead, guided at £55,000+.
This passageway between 38/40 Northcote Road, Battersea is a freehold site of approx. 0.016 acres and comes with planning permission for a residential artist’s studio. While it may only be a passageway, the unit will have an approx. area of 900 sq. ft. – which is the average size of a small three bedroom house!
Permission was granted by London Borough of Wandsworth on 15th April 2014 for alterations including the construction of a first floor extension beneath and to the rear of the partially covered service passage between 38 and 40 Northcote Road, with the formation of a ground floor entrance lobby and installation of entrance gates.
With Savills’ research showing Battersea prices have risen 22% in 2013 – and there’s plenty more billion-pound regeneration set to come – this auction lot could well be your passageway to property heaven!
Lot 144 – Passageway between 38/40 Northcote Road, Battersea, London, SW11 1NZ for sale with Savills auctions on 28 October 2014
* * * UPDATE * * *
This property sold for a whopping £260,000!!!!!!!!!!!!!!!