292 bedroom shared living/flatmate for sale

Overview

* Prominent 0.3 acre corner site located at the junction of Scrubs Lane and Harrow Road, NW10, Royal Oak. * The sites' positive planning history and the site's allocation within OPDC (Old Oak and Park Royal Development Corporation) has established a precedent for redevelopment, making it an ideal purchase to add value through planning, with a significant element of risk mitigated. * Recent positive pre-app for a 24 storey co-living development for 292 beds. * The site benefits from a lapsed planning consent for a 20 storey scheme comprising 85 apartments. * A 292 co-living scheme would propose a GIA of approximately 145,000sq.ft. * Freehold for sale with vacant possession. * Seeking unconditional offers in the region of £7,000,000 (Seven Million Pounds) subject to contract. A purchase at this level would reflect £21,341 per bed on the latest proposed scheme. For more details and to contact: https://realtyww.info/rooms_1_london-d196251/for-sale_i68906779