Executive Summary
- A row of undercroft garages for which a planning application has been submitted to convert them into four flats (2 x 2 beds & 2 x 1 beds)
- Located in South Woodford, London, E18 approximately 0.5 miles from South Woodford Underground station
- The property is to be sold subject to planning permission being granted
- Offers are invited in excess of £500,000, subject to contract
Location
The property is situated within a predominantly residential area on Lynwood Close, South Woodford E18. South Woodford tube station, which is on the Central Line, is 0.5 miles away. The property is well located to provide access to the A406 (North Circular), M11 and A12. The area is well served by buses.
Please note all distances given are approximate only.
Development
An application has been submitted to the London Borough of Redbridge planning department under reference 2926/23 for conversion of undercroft garages, storage areas and communal bin store to create four flats (2x1 bedroom, 2x2 bedroom), with associated waste refuse and cycle store. The application was registered on 14th October 2023 and the target date for determination is 8th December 2023.
Terms
Offers are invited in excess of £500,000, subject to contract. The sale will be conditional on approval of the planning application.
Tenure
The property will be sold with full vacant possession and a new lease that is fully flexible to allow the development to be implemented.
VAT
We understand that the property has not been elected for VAT.
Viewings
Viewings are strictly by appointment through sole agents Harston&Co.