Under Offer

£335,000

Land for Sale

136 Tomswood Hill, Ilford, Essex, IG6 2QN

£335,000

Full Description

Summery
Opportunity to acquire a freehold residential block of 4 apartments with prior approval granted to create 3 apartments in the airspace.Existing property comprises a detached 3 storey residential block providing 4 apartments (all sold off), producing a total ground rent of ?400 per annum. Proposed Scheme: 2 x 1 bed & 1 x 3 bed apartments arranged across third and fourth floors, extending to a total area of approximately 1,756 sqft NSA. CIL liability estimated: ?28,000, no S106 contributions

Location
Well sought after location of East London, close to Hainault Park. 15 minutes` walk from Fairlop underground railway station (Central line)

Planning:
Prior approval granted on 29th January 2021 for the upward extension of 2 additional storeys to provide 3 new apartments (Ref: 3840/20). LPA: London Borough of Redbridge.

Tenure - The property will be sold with the benefit of freehold
Terms - Offers invited for ?335,000.00 for the freehold interest.
VAT - We understand that the property is not elected for VAT.

Contact
To discuss any aspect of this property or the disposal process, please contact the sellers` sole agents:
E: [email protected]
M: 07847 281 282
W: www.samsonconsultants.co.uk
T: 0208 221 1522

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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
London Borough Of Newham,