Withdrawn
- Apartment
- 6 Bedrooms
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Freehold Ground Rent Investment Producing £34,000 Per Annum and Potential Roof Space Development Offered with Planning Permission for a Single Storey Extension to Create Four Self-Contained Flats (2 x Two Bedrooms, 2 x One Bedrooms).
The property comprises a pair of detached purpose built blocks arranged to provide fourteen self-contained flats (all sold-off) across ground, first and second floors.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Barking Park are within easy reach. Transport links are provided by Barking underground (District and Hammersmith & City lines), overground and rail stations.
Planning
Barking & Dagenham Borough Council granted prior approval consent (ref: 20/02534/PRIFLAT) on 24th March 2021: 'Prior notification application for the construction of new dwellinghouses on detached blocks of flats. The proposed development involves the construction of one additional storey on top of the detached block of flats to create 4 new units'.
The fourteen flats are all sold off on an 125 year lease from 2006.
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 £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
