For Sale
On behalf of private client
Elsinore House
Aylesbury, HP20 2NQ
A freehold investment-development opportunity benefitting from dual planning consents for the creation of 30 private residential apartments across four floors.
The building benefits from two planning permissions. One is for the conversion of first and second floors into residential and the other is for the creation of two additional floors (third and fourth).
Planning permission (24/00386/APP) was granted in November 2024 for “Change of use of first and second floors from offices (Class E) to 17 residential units (Use Class C3) with associated alterations, including provision of enclosed stair core on rear elevation, cycle parking and refuse store”. This scheme will provide 1,039 sqm (11,183 sq ft) net saleable space.
A further planning application was recently approved for the erection of two additional floors to create 13 residential apartments, offering a total of 726 sq.m (7,815 sq.ft) net saleable space.
The proposed scheme will be arranged as 2 x studios, 16 x one-bedroom apartments and 12 x two-bedroom apartments, offering a total net saleable area of 1,765 sq.m (18,998 sq.ft). The development benefits from no affordable housing requirement and no Community Infrastructure Levy (CIL) liability.
For sale freehold with the existing tenants in situ.
