A Freehold Purpose Built Block Arranged to Provide Thirty Three Flats (All Sold Off) and Roof Space Development Opportunity. Offered With Planning Permission for the Creation of an Additional Floor to Create Seven Flats (4 x Three Bedrooms, 1 x Two Bedrooms, 2 x One Bedroom).

The property comprises a purpose built block arranged to provide thirty three flats (8 x one bedroom, 20 x two bedrooms, 5 x three bedrooms) arranged over ground and two upper floors.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Epping Forest Open Space are within easy reach. Transport links are provided by Chingford overground station.

Planning

Waltham Forest Council granted the following planning permission (ref: 231752) on 20th November 2023: 'Prior approval for the construction of a roof extension to a detached residential building to add an additional floor (resulting in a 4 storey building) to provide 7 self-contained flats (1x2-bed, 2x1-bed & 4x3-bed) (Use Class C3). Associated works to include refuse/recycling storage and bicycle parking facilities'.

Tenancy

The thirty three flats are all sold off on long leases. Please refer to the legal pack for a full tenancy schedule.

Energy Efficiency Rating (EPC)

Current Rating C

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.