14-unit mixed-use freehold; vacant, warranty-backed, conversion potential STPP.
Freehold, recently completed development with ICW warranty
A substantial, purpose-built freehold block in Palmers Green offering 14 residential units and four ground-floor commercial units. The recently completed development is sold vacant with an ICW warranty and presents an immediate multi-let or redevelopment opportunity in a busy inner‑city location.
The residential mix comprises six two-bedroom maisonettes (each with an integrated garage, two balconies and an en-suite to the master) and two one-bedroom flats with balconies. The scheme’s open-plan second-floor living layouts and compact private terraces suit urban renters or owner-occupiers seeking low-maintenance city living.
The ground-floor commercial units (Use Class E) extend to c.388–409 sq ft each and could be retained for rental income or considered for conversion to additional residential accommodation, subject to planning (STPP). The site is large for the area (c.0.291 acres) and sold freehold, offering flexibility for an investor or developer to reshape the asset.
Buyers should note material constraints: external amenity is limited to small balconies rather than gardens, on-site parking is limited to six garages, local broadband speeds are very slow and the neighbourhood records a high crime rate. These factors will affect lettability, tenant profile and any repositioning strategy; planning and market enquiries are recommended.
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