Glentree Estates Ltd says ..

Property Oracle says ..

This property presents a unique opportunity in the highly sought-after Highgate area of London. The listing focuses on the redevelopment potential of a 0.82-acre plot on Compton Avenue, offering planning consent for a substantial new mansion. The existing structure shows signs of age and requires significant renovation or demolition. However, the architectural plans indicate a luxurious and modern residence, expected to meet the standards of Highgate’s upscale properties. Its location, directly overlooking the Highgate Golf Course, provides an enviable level of privacy and exclusivity. The substantial land area is a significant advantage, uncommon in this prime area. Nearby properties provide a range of values, with several detached houses reaching into the millions; however, direct comparisons are limited due to differences in size and the current state of the property in question. The price point reflects the high demand and prestige of Highgate, alongside the significant development involved, making it a significant investment. Overall, the purchase represents a high-risk high-reward scenario. Potential buyers need to carefully assess the costs of construction, permitting, and other factors associated with such a large-scale development project.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images