Description
The 575m2 parcel of land is vacant and cleared. The site now benefits from planning permission for the construction of a two-storey block containing 1 x 1 bedroom and 3 x 2-bedroom flats.
Location
Wanstead is a district of East London, which is part of the London borough of Redbridge. The town offers a range of amenities such as sporting facilities, Fitness Centres, Spa’s, restaurants and shops. The local
area also offers a great choice of schools including Riverley Primary School, Forest School and Wanstead High School. Wanstead has a largely suburban feel, containing open grassland and woodlands such as Wanstead Park, part of Epping Forest which offers extraordinary wildlife and exquisite country walks.
Transport
Land adjacent to 1 Elm’s close is surrounded by two railway Stations; Wanstead station and Redbridge Station which both sit on the Hainault loop of the Central Line in Zone 4. Both stations have regular services into Central London, and outer Essex.
Planning Permission
(1600/18/02): Planning permission was granted on the 2nd December 2019 for the erection of a two-storey block containing 1×1 and 3×2 bedroom flats.
Access
Access can be arranged with sole agents Highfield Investments.
Additional Information
Planning and other related documents will be sent in the form of an information pack that can be requested from a member of the Highfield team.
Financial Contributions
We understand that the site is viable for circa £15,000 in financial contributions.
VAT
We have been advised that VAT is not applicable.
Tenure
Freehold.
Terms
We are inviting offers in excess of £800,000 for the freehold interest.
Property For Investment
Contact us now!
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