24 Camden Road
Camden Town
London
NW1 9DP

Freehold Central London Residential Development Opportunity

  • Highly Fashionable and Busy North London Location
  • Approximately 100 metres from Camden Town Station
  • Residential Planning Consent Granted for 1 x 2 Bed Self-Contained Flat, 2 x 1 Bed Self Contained Flat and 1x 2 Bed Garden Flat (garden flat completed)
  • Lot
    15
  • Auction
    13/Dec/2021
  • Vacant Possession
  • Status
    Available
  • Price*
    £1,250,000
  • Sector
    Residential
  • Auction Venue
    Live Streamed Auction
  • 24 Camden Road, Camden Town, London, NW1 9DP
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
0.5 miles north-east of Regents Park
1.5 miles north of London's West End
Roads
Camden Road (A503),
Camden High Street (A502), A400
Rail
Camden Town Underground Station
(Northern Line), Camden Road Overground Station, London Euston and London King's Cross/St Pancras Railway Stations
Air
London City Airport, London Heathrow Airport
Situation

Camden is a highly fashionable and cosmopolitan North London suburb famous for its markets and Camden Lock which draws a large tourist population to the area. The property is prominently located on the south side of the busy Camden Road, approximately 100 metres from Camden Town Underground Station. Neighbouring occupiers include, Sainsbury's, HSBC, NatWest, Barclays, Subway and a vibrant mix of street markets and independent retailers.

Tenure

Freehold.

Description

See legal pack.

VAT

VAT is not applicable to this lot.

Planning

The London Borough of Camden has granted consent under planning reference 2018/1126/L dated 19/03/2018 for the conversion of building 1x 2 bedroom self-contained flat to 2x 1 bedroom self-contained flats and 1x 2 bedroom maisonette. The works were undertaken and completed. However the upper floors have since been stripped out.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTerm
Lower Ground (Rear)Residential
1 x 2 bedroom flat and garden
VACANT POSSESSION 
FirstResidential
Former 1 bedroom flat
VACANT POSSESSION 
Second & ThirdResidential
Former 3 bedroom Maisonette
VACANT POSSESSION 
Ground
Lower Ground (Front)
Retail
Ancillary
50.00 sq m
22.00 sq m
(538 sq ft)
(237 sq ft)
INDIVIDUAL999 years from
December 2021 at a
peppercorn rent (1)
Total Commercial Floor Area
72.00 sq m
(775 sq ft)  

(1) The commercial element of the property was sold at the Acuitus Auction conducted on the 4th November 2021. The sale is due to complete on the 16/12/2021

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    30.11.21
    File Size
    22 MB
    Login to View
  • Catalogue Page
    Updated Date
    23.11.21
    File Size
    640 KB
    View PDF
  • Site Plan
    Updated Date
    23.11.21
    File Size
    849 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Fahri LLP Suite 4, 2nd Floor, , Prince of Wales House 3 Bluecoats Avenue
Hertford
SG14 1PB
Roumiana Dimitrova 01992 350 172roumiana@fahrillp.com

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