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Lot 35 - 483 - 487 Grove Green Road, Leytonstone, E11 4AA

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FREEHOLD VACANT DEVELOPMENT OPPORTUNITY WITH PLANNING PERMISSION FOR 9 FLATS

Guide price: £1,375,000 - £1,400,000 *

Auction Date

Tuesday, 22nd May 2018 11:00am

Location & Description

Comprising three derelict buildings on a 4,100 sq ft rectangular site on the south side of Grove Green Road (A106) to the east of the junction with Dyers Hall Road, within ¼ mile of Leytonstone underground station (Central line) with good road links via the A12.

Note

A CIL is chargeable. Prospective buyers to make their own enquiries.

OFFERED VACANT WITH PLANNING PERMISSION FOR 9 FLATS (6 x 2 BEDS & 3 x 1 BEDS)

PLANNING

Planning permission granted by London Borough of Waltham Forest on 24.01.2018 (Ref: 170983) for demolition of existing buildings and construction of a three storey building including roof terrace and associated cycle and bin storage to provide 9 residential units (6 x 2 beds and 3 x 1 bed flats).

SITE AREA: (from digital mapping)

4,100 sq ft (381 sq m)

Property Features

  • Freehold Development Opportunity
  • Planning Permission for 9 Flats
  • Close to Leytonstone Underground Station

Result

Sold for £1,600,000

Addendum

The guide price is £1.425m - £1.45m

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates. 

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.