LTRO Collingwood House, Mercers Road, N19
Key Features
- Consented residential development site in Tufnell Park N19
- Planning permission for six new houses totalling 6,846 sq ft
- Approximate GDV of £5,960,000
- PTAL rating of 5
Description
Chestertons are pleased to bring to market this consented residential development opportunity situated to the rear of Collingwood Business Centre, Mercers Road, London N19 4PJ.
Planning consent has been granted for the construction of six new freehold houses, providing a total of 636 m2 (6,846 ft2) of new residential accommodation. The consented scheme comprises 3 x two-bedroom, two-bathroom houses of 97 m2 (1,044 ft2) and 3 x three-bedroom, two-bathroom houses of 115 m2 (1,238 ft2).
Comparable sales in the immediate vicinity support an approximate GDV of £5,960,000, with recent achieved prices ranging from £803 to £869 per ft2 across a directly comparable scheme nearby.
The site benefits from an excellent position in Tufnell Park, one of North London's most sought-after residential enclaves. With a PTAL rating of 5, the site offers outstanding public transport connectivity, with Tufnell Park Underground Station (Northern line) within easy reach alongside a strong network of local bus routes.
The site is held freehold (HMLR Title Number LN130579). Purchasers should note a CIL payment of £360,000 and a Section 106 contribution of £309,000 are due.
The wider freehold interest in the adjoining Collingwood Business Centre may also be available, offering a purchaser the potential to acquire an income-producing asset alongside the development land. Further details are available upon request.
For further details or to arrange an inspection, please contact Chestertons Land & New Homes.
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Map Location
Property details
- Tenure
- Freehold
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- Date Posted
- 2026-06-24
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Listing agent
Chestertons New Homes, London
5th Floor East, The Lantern Building, 75 Hampstead Road, London, NW1 2PL
Contact Chestertons New Homes, London
5th Floor East, The Lantern Building, 75 Hampstead Road, London, NW1 2PL
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