Kiran’s Villa - The Bishops Avenue

General Overview:

• Kiran’s Villa is a development where we will be demolishing an old-fashioned luxury villa located on Bishop’s Avenue in Hampstead and building a new luxury high spec apartments complex with amenities and parking on site.
• The plot sits on a total of 0.5 acres with a GIA of 19,827 sq. ft (NIA 14,236 sq. ft) and has planning permission to redevelop the compound into 8 apartments with an underground parking with 14 spaces. 
• The Property will be developed by Sheen Lane Developments Ltd. In the last 4 years we have acquired 11 developments from Sheen Lane, all of the previous transactions are occupied at very high occupancy rates and achieving our projected ERV’s.
• Sheen Lane Developments is a privately owned property development company based in Richmond. Since their formation in 2013, Sheen Lane have delivered over 2,000 residential units across 36 residential schemes in London and the south east, with a combined Gross Development Value in excess of £700 million.

Location:

• The Bishops Avenue, London N2, connects the north side of Hampstead Heath at Kenwood, Hampstead to East Finchley and is on the boundary between the London Boroughs of Barnet and Haringey. It is considered to be one of the wealthiest streets in the world. The sale price per sq. ft for residential developments on Bishop’s Avenue can reach up to £1500/ sq. ft.
• Bishop’s avenue is located in Hampstead, Hampstead is an area in London, which lies 4 miles (6.4 km) northwest of Charing Cross, and extends from the A5 road (Roman Watling Street) to Hampstead Heath, a large, hilly expanse of parkland. The area forms the northwest part of the London Borough of Camden, a borough in Inner London which for the purposes of the London Plan is designated as part of Central London.

• The site is 3 min walk to the bus stop and 1.3 miles away from Highgate station which has direct access to the Northern Line. It is a 40min journey with public transport and a 30 min drive to Green Park Station.

Completion: October 2022

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