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A Roof Space Development Opportunity and A Freehold Ground Rent Investment Secured Upon a Block of Four Self-Contained Flats Producing £200 per annum. Offered with Planning Permission to Create Two Additional Floors to Provide Three Further Self-Contained Flats (2 x 1 Beds, 1 x Three Bed).
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Claybury Park are within easy reach. Transport links are provided by Fairlop underground station (Central line).
Planning
Redbridge Borough Council granted the following planning permission (ref: 3840/20) on 29/01/2021: 'Upward extension of 2 additional storeys on detached block of flats consisting of 3 new flats with external side staircase leading to 3rd floor.'
Proposed Accommodation
Third Floor Two x One Bedroom Flats Fourth Floor Three Bedroom Flat
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.