Land for sale in Arkley Drive, Barnet EN5
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
The property is not part of the sale but comprises this site of 2 acre which sits between existing dwellings. The purchaser of this lot will receive 15% of the increase in land value as and when planning permission is granted for development. Whilst it is understood an application has not yet been submitted, these details show an indicative scheme that the land owner may wish to consider. The overage rights exist for a period of 80 years from 2023. The land owner does not have to submit a planning application - This can also be submitted by a third party to gain the overage trigger.
Annual Fee income:
The buyer of this lot, will receive 15% of the land increase in land value as and when planning is granted
Tenure:
Full details of the overage registered with the Land Registry are available from the auctioneers
and within the legal pack to download from the auctioneers web site.
For more information about this property, please contact
Barney Estates and Auctioneers, SW18 on +44 20 8115 7085 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Barney Estates and Auctioneers, and do not constitute property particulars. Please contact Barney Estates and Auctioneers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.