A Residential Development Opportunity Offered with Planning Permission for the Construction of a Second Floor and a Lower Ground Floor Extension to Create an Additional Five Flats (3 x 1 bed, 1 x 2 bed & 1 x 3 bed).

The property comprises the roof space and the basement area above and below a detached block of flats arranged over ground and two upper floors.

Tenure

Virtual Freehold. There are approximately 996 years unexpired on the lease at a peppercorn ground rent.

Eight Week Completion Available

Location

The property is situated in the East London area of Walthamstow close to local shops and amenities. There are numerous green open spaces within easy reach. Transport links are provided by Walthamstow Central underground (Victoria line) and overground stations.

Planning

The London Borough of Waltham Forest granted the following planning permission (Ref: 180607) dated 25th March 2018 for; 'Construction of second floor and lower ground floor extensions to create 5 additional residential units (3 x 1 bed, 1 x 2 bed, 1 x 3 bed) including the formation of front, rear and side light wells together with associated landscaping, cycle parking and refuse storage'.

Proposed Accommodation

Lower Ground Floor 1 x 1 Bedroom Flat 1 x 2 Bedroom Flat 1 x 3 Bedroom Flat Second Floor 2 x 1 Bedroom Flats

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.