For Sale By Auction | 10:30, 14 September 2021 | Lot 78

Roof Space and Land to the Rear of Portman House, 16-20 Victoria Road, Romford, Havering, RM1 2JH

*Guide | £650,000+ (plus fees)

  • Residential Development
  • 12 Bedrooms
  • Tenure: The Land to the rear is held on a Freehold Title The Roofspace is held on a 999 Year Leasehold Title

Call the team on 020 7625 9007 for more information

Auction Date

Tue 14/09/2021

Auction Time

10:30

Auction Venue

Live Stream

A Substantial Residential Development Site Offered with Planning Permission to Create Five Self-Contained Flats (4 x One Bed, 1 x Two Bed) on the Roof Spaces and an Additional 2 x Three Bedroom Semi-Detached Mews Houses to the Land at the Rear. Further Potential for Redevelopment of the remaining Roof Space (Subject to Obtaining all Relevant Consents).

The site comprises the roof space area above a semi-detached block of flats arranged over ground and four upper floors and an adjoining parcel of vacant land to the rear.

Tenure

The Land to the rear is held on a Freehold Title The Roofspace is held on a 999 Year Leasehold Title

Location

The property is situated in the residential area of Romford close to local shops and amenities. The open spaces of Hylands Park and Lodge Farm Park are also nearby. Transport links are provided by Romford rail station and the A12 is easily accessible.

Planning

Havering Borough Council granted the following planning permission (ref: P1366.15) by appeal on April 2016: 'Single Storey extension at second floor level to the rear part of the building and single storey extension at fourth floor level to the front part of the building to provide 5 No residential units (4No 1 bed units and 1No 2 bed unit). Further planning was granted for the land to the rear with the following planning permission (ref: P1081.15) on February 2016: 'Erection of 2 no. three-bedroom mews houses.'

Please note the material start has commenced to ensure planning is maintained but there are no building control documents in place yet. Please refer to the legal pack for more information.

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.