£ 1,750,000
Sole Agents. Re-Development Opportunity STPP – Oliver James presents this un modernised 5-bedroom detached home on the sought-after Barnet Lane, Elstree. Currently offering approx. 3,100 sq ft, with large scope to redevelop.
Sole Agents.
Oliver James proudly presents this substantial 5-bedroom detached residence, located on the highly sought-after Barnet Lane in Elstree. Set on a generous plot and offering approximately 3,100 sq ft of existing internal accommodation across three floors, this property represents a rare and exciting opportunity for redevelopment, subject to the necessary planning permissions (STPP).
Currently unmodernised, the home is ideal for those looking to:
* Undertake a complete refurbishment and modernisation of the existing structure
* Demolish and rebuild a bespoke, high-end residence to suit personal or resale objectives
* Split the plot or reconfigure the site for multiple dwellings or a boutique apartment scheme (STPP)
Why This Opportunity Stands Out:
* Prime Road – Barnet Lane is one of Elstree’s most prestigious addresses, surrounded by mature greenery and high-value homes.
* Development Flexibility – The size and proportions of the plot offer excellent flexibility for a range of development strategies.
* Strong Resale Market – With detached homes in the area achieving strong prices, this location offers outstanding upside potential.
* Commuter Access – Easy access to Elstree & Borehamwood Station, the A1 and M25, making it ideal for professionals and families alike.
* Vacant Possession – Immediate availability enables swift progression for planning and works.
Ideal For:
* Developers seeking a lucrative project in a proven, high-GDV postcode
* Investors looking to maximise capital growth through planning uplift
* End-users wishing to create their forever home in a discreet, prestigious setting
This is a unique chance to acquire a large, well-located property with significant value-add potential.
Viewings strictly by appointment with Oliver James.
Tenure: Freehold
Parking options: Garage
Garden details: Front Garden, Private Garden
Deposit on an assured shorthold tenancy
Equivalent to five weeks' rent up to £50,000 per annum
Equivalent to six weeks' rent if at or above £50,000 per annum
Fees for non-Assured Shorthold Tenancies / non-Licences
Tenant Fee:
£120.00 (inc VAT at 20%) per tenant above the age of 18*
Inventory Fee:
The Landlord pays the check-in cost, and the tenant pays the check-out cost. This charge is TBC.
*This fee is a fixed cost that can cover various different works depending on the individual circumstances including but not limited to conducting viewings,
negotiating the tenancy, verifying references, undertaking Right to Rent checks and drawing up contracts. It is charged on a per individual basis – not per tenancy.