Land for sale

Pembroke Street, London N1

A prime development site for sale in the heart of Kings Cross, near the vibrant regeneration area. The site, located on Pembroke Street near its junction with Earlsferry Way. The site previously had planning consent for 13 new-build flats which was built but at that time contravened planning so the local authority insisted on its then demolition.

Covering approximately 0.0428 acres, the site had approved plans for a five-story building plus a basement, which was previously excavated with a ring beam, and footings were constructed and later filled in, so, a potential substantial cost savings.

Kings Cross is one of North London most sought-after locations, known for its thriving community and premium property values.

Goldschmidt & Howland handled a new build scheme in the adjacent road where we achieved £1,031.27 per sq ft. We believe a similar pound per sq. Ft should be achieved, providing the new scheme is finished to a similar standard and market conditions continue. Therefore, with a similar footprint as previously consented the resales for the new scheme should be in the region of £8,750,000 subject to planning.

Freeling Street as shown in the title plan no longer exists and the land formerly known as Freeling Street is unregistered land and not included in the sale.