Pembroke Street, London

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.

Covering approximately 0.0623 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.