Development
properties
Land to the rear of 29 Forest Drive West, London E11 1JZ & 1 James Lane, London E10 6HZ
Offers in excess of £1,350,000
Freehold development opportunity for sale to construct five houses
Planning permission to construct five houses facing James Lane
GIA measuring approximately 6,480sqft
Located in Leytonstone
Offers in excess of £1,350,000
Description
The existing site is located in Leytonstone within the London Borough of Waltham Forest. The site is comprised of two separate titles therefore two applications have been made to form the proposed development opportunity to construct a terrace of five, three-bedroom dwelling houses all fronting James Lane.
Location
The property is located in Leytonstone within the London Borough of Waltham Forest. The plot is in an ideal location and is within the catchment area for a number of well renowned schools such as Leytonstone School, Gwyn Jones Primary School and Barclay Primary School.
The Green spaces of Epping Forest and Wanstead Flats offer great family days out and an array of a activities all year round. Westfield Stratford City and the Olympic Park are both within 2 miles of the property.
Transport
The property is a five-minute walk from Leytonstone Rail Station (Central Line) and Leytonstone High Road London Overground station with services to Barking and Gospel Oak.
The M11 link road can be joined at the Green Man roundabout at the end of the High Road, giving direct road connections to the Blackwall Tunnel and the M11/ M25 and A12.The Green Man also connects with the A114 (Whipps Cross Road) to Lea Bridge Road at Whipps Cross roundabout and from there to Walthamstow, Hackney and to the Waterworks junction with the North Circular.
Planning Permission
Planning permission was granted on 31st May 2016 under two separate planning references 160246 & 162199 for the demolition of the existing garages and existing dwelling house to construct 5 x 3 storey, 3-bedroom dwelling houses fronting James Lane.
Buyers note: The application linked to 1 James Lane, planning reference 162199 is subject to the signing of the section 106 agreement.
For any further information please contact Waltham Forest Council Planning Department on 0208 496 3000.
Viewings
Viewings can be adequately made from the roadside in the first instance.
Additional Information
An Information Pack can be requested from any member of the Highfield Team.
VAT
We under and that VAT is not applicable.
Tenure
Freehold
Financial Contributions
The site is liable to a s106, Mayoral and Waltham Forest CIL of approximately £74,180.
Terms
Offers in excess of £1,350,000 for the vacant freehold interest.
Schedule
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.