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■ Prime residential development/refurbishment opportunity in one of the most desirable roads in Hampstead

■ Prominent four storey former dwelling house currently comprising 8 self contained flats (1 x 1 bed, 4 x 2 bed and 3 x 3 bed)

■ The property extends to a total GIA of 9,645 sq ft (896 sq m)

■ 950 metres south of Hampstead Village and 300 metres north of Finchley Road London Underground station

■ Freehold and long leasehold interests for sale with vacant possession

Elm Tree House, 13 Netherhall Gardens, Hampstead, NW3 5RN

Residential Development/Refurbishment OpportunityHampstead

For Sale

LocationThe property is located at the southern end of Netherhall Gardens in Hampstead. The immediate area is residential in character, with substantial Victorian houses and some modern buildings.

A range of independent and convenience retailers including Waitrose and Marks & Spencer, along with restaurants and cafés can be found approximately 300m (0.2 miles) to the west on Finchley Road and more extensive retail and leisure amenities can be found at the O2 Centre, Finchley Road.

Hampstead Village is approximately 900m (0.5 miles) to the north of the property and is one of the most sought-after areas in London. Hampstead village offers a range of independent cafés, restaurants and boutique retailers. The village is characterised by a mixture of Georgian, Edwardian and Victorian architecture with a large cluster of Grade II Listed buildings.

Hampstead Heath is 1.7km (1.1 miles) to the north-east of the property. The park covers 320 hectares (790 acres) of public open space with far-reaching views over London.

The property is well-served by public transport and has a PTAL rating of 6a. It is 300m (0.2 miles) north of Finchley Road London Underground station (Jubilee and Metropolitan Lines), providing direct services to the West End (Bond Street 8 minutes) and The City (Liverpool Street 23 minutes). Finchley Road and Frognal London Overground Station is 500m (0.3 miles) to the north-west of the property. Several bus routes operate along Finchley Road.

DescriptionThe freehold and long leasehold interests for sale extend to approximately 0.16 hectares (0.40 acres). The property comprises a 4 storey former dwelling house, which has been converted to 8 self contained flats. In recent years, the flats have been let on assured shorthold tenancies.

The property is in a tired condition internally and there are signs of structural movement in the existing fabric of the building.

Samara Apartments neighbours Elm Tree House on the southern side and consists of 9 luxury apartments within a new build, residential development that was completed in 2013.

14 Netherhall Gardens is another local scheme which recently completed, providing 14 self-contained luxury apartments.

Plan A

NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited.

PlanningThe property is within the London Borough of Camden and it falls within the Fitzjohns/Netherhall Conservation Area (Sub Area 1). It has been indentified by the LPA within the “Fitzjohns/Netherhall Conservation Area Statement (2001)” as being a building that makes a “positive contribution” to the character and appearance of the Conservation Area. The property is classified as a C3 use of the use classes order. A full summary of the planning history is available in the dataroom.

The property has potential for either new build residential development or refurbishment, subject to obtaining the necessary consents.

VATThe property is not elected for VAT.

TenureThere is both a freehold interest and long leasehold interest within the site ownership. The freehold interest (Title No. 164347) is shown in blue on Plan A below and the long leasehold (Title No. NGL380872) is shown in green.

The long leasehold is for 999 years (less 10 days) from 12 July 1886, between the vendor and Sir Spencer Maryon Maryon-Wilson and William Hunt.

A railway tunnel runs under the south-eastern corner of the Elm Tree House front garden, below a small piece of the land held as a long leasehold interest.

Method of SaleThe property is part freehold and part long leasehold, and is for sale with vacant possession by way of informal tender (unless sold prior).

NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited.

N

Accommodation Schedule The property is currently split into 8 flats as detailed below. The total GIA of the building is 9,645 sq ft (896 sq m):

Flat No. Floor Type Sq m (NSA) Sq ft (NSA) EPC

Flat 1 Ground 3 bed 118 1,269 D - 55

Flat 2 Ground 3 bed 104 1,118 E - 47

Flat 3 First 2 bed 91 978 D – 58

Flat 4 First 3 bed 114 1,225 D – 59

Flat 5 Second 2 bed 99 1,065 D – 61

Flat 6 Second 2 bed 88 946 F – 38

Flat 7 Third 2 bed 62 667 F – 30

Flat 8 Basement 1 bed 50 538 C - 72

Total 726 7,806

ViewingsViewings are strictly by appointment. Please contact the joint selling agents to make an appointment.

Further InformationFurther information, including floor plans, planning documents and surveys are available at:

www.savills.com/elmtreehouse

Existing Floor Plans

*The EPC certificates and recommendation reports are available on the dataroom.

UP

UP

FIRST FLOOR

BEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOM

RECEPTIONROOM

RECEPTIONROOM

KITCHEN

KITCHEN

SHOWER

HALL

BALCONY

FIREESCAPELADDER

HALL

LOBBY

INFLAT 3

INFL

AT

4

FIREESCAPELADDER

FIREESCAPELADDER

BEDROOM

BEDROOM

BEDROOM

EAVES

EAVES

EAVES

INFLAT 7

RESTRICTEDHEIGHT

UP

UP UP

UP

INFLAT 8

BEDROOMRECEPTIONROOM

HALL

BASEMET

THIRD FLOOR

1 : 150 CM.1 2 3 4 5

150 300 450 600 750

UP

UP

RECEPTIONROOM

RECEPTIONROOM

BEDROOM BEDROOM

BEDROOM

BEDROOM

KITCHEN

KITCHEN

HALL

HALL

IN F

LAT

5

INFLAT 6

RESTRICTEDHEIGHT

RESTRICTEDHEIGHT

SECOND FLOOR

RECEPTIONROOM

BEDROOM

KITCHENLOBBY

BEDROOM

BEDROOM

LOBBY

RECEPTIONROOM

BEDROOM

KITCHEN LOBBY

BEDROOMRECEPTION

ROOM

INFLAT 1

INFLAT 2

GROUND FLOOR

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Important Notice

Savills, their clients and any joint agents give notice that:1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Sale particulars produced September 2017. 170919HB

33 Margaret StreetLondon W1G 0JD

88 Belsize LaneHampsteadLondon NW3 5BE

Darren Arnold+44 (0) 207 409 9926darnold@savills.com

Sean Cooper+44 (0) 207 409 9948scooper@savills.com

Ian Cundy+44 (0) 207 431 1133ian@admiral-property.co.uk

Helen Kovari+44 (0) 207 431 1133helen@admiral-property.co.uk

Hugh Bushell+44 (0) 207 075 2860hbushell@savills.com