20 Holly Road, Enfield EN3 6QB
Offers in excess of £365,000
Freehold Investment and Development Opportunity
Freehold
Planning permission for 3 bedroom house
Existing house currently producing £15,000 p/a
Offers are invited in excess of £365,000
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Description
The site comprises a two storey, three bedroom end of terrace house of approximately 872sq.ft which is currently being let out on a rolling contract at £15,600 p/a. The sale also consists of the land adjacent to the house which benefits from an approved planning consent to erect a three storey, three bedroom house of approximately 1,033sq.ft.
Location & Transport
Holly Road, situated in the London Borough of Enfield provides links into London via Enfield Lock Station, Turkey Street Station and Waltham Cross Station, which are all within walking distance from the property. Junction 25 of the M25 motorway is a 5-minute drive from Holly Road linking you to the A1(M) and M11 motorways, providing direct access into London and to the North.
Planning Permission
For further information in regards to this application please contact Enfield Council Planning Department on 020 8379 1000
VAT
We understand that VAT is not applicable.
Viewings
To be arranged by sole agents Highfield Investments.
Financial Contributions
The site is subject to a CIL contribution of £1,920 and a Section 106 of £14,238.08 giving you total contribution of £16,158.08.
Terms
Offers are invited in excess of £365,000 for the freehold interest.
Buyers Note: The property has been placed in the forthcoming Savills Auction, Tuesday 31st March 2015 at The London Millenium Hotel Grosvenor Square, Mayfair, London W1K 2HP
Additional Information
For copies of the existing and proposed plans and decision notice, please contact a member of our team.
Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.