Group custom build opportunity in HA3
The reason this caught my eye: This has planning for a nice mix of flats and houses with gardens and has a community centre – so could make a great ‘group’ building. It’s also inexpensive and so could work within more people’s budget. It’s also a well connected public transport hub.
What’s the opportunity: A freehold mixed-use development opportunity for sale on Wealdstone High Street, Harrow. The total net saleable area of the residential elements is 774sqm (8,331 sqft) and a further 2,000 sqft for the community building.
How much does it cost: Offers in excess of £1,600,000 subject to contract only. To make this work, you’d need to have a cash deposit of at least 25% of your budget
What would I need to budget: Budget in the region of £625 per square foot which would include use of the community centre and co-working space. That means flats would go from about £415k and a house would be about £750k.
What are the things to watch out for: The planning includes an office as well as a community use area – so might need to go back to planning to change that or it could be a co-working space.
Next steps: If you’re interested in this opportunity then let us know. If we get enough interest, we will set up a Google Meet and discuss how we might be able to move this forward and how it might work in more detail.
If your requirements have changed, please update your information via the Custom build register form.