Savills is launching Elm Tree House, a four storey building on Netherhall Gardens, NW3. The building is currently configured as eight self-contained apartments and has recent and sequential planning applications for refurbishment, reconfiguration, extension and a new build residential scheme in three phases. When fully approved the scheme will comprise a total of 17 apartments with a net saleable area of 17,833 sq ft (1,661 sq m) and a Gross Development value of circa £27 million

In a desirable location, Elm Tree House is close to the amenities of Hampstead Village and 300 metres north of Finchley Road Underground station with easy access to the West End and the City.

The freehold and long leasehold interests are for sale with vacant possession.

Darren Arnold, director in Savills London land team says, 'Having stood deteriorating since 2019, Elm Tree House represents a rare and exciting opportunity to create a boutique residential scheme close to the heart of Hampstead which will appeal to developers and owner occupiers alike.'

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Savills plc published this content on 21 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2024 14:25:01 UTC.