Executive Summary
- Consented airspace development with permission granted to provide 4 x 2-bedroom apartments
- Located in Loughton, an affluent commuter suburb approximately 0.5 miles from Loughton tube station (Central Line)
- The development provides a total of 3,002 square feet (279 square metres) of accommodation
- Offers are invited in excess of £400,000, subject to contract
Location
The development site is located above a three-storey block fronting onto High Road, Loughton at the junction with Traps Hill. Loughton an affluent commuter suburb within the Epping Forest area, 20 miles north-east of central London. Loughton benefits from excellent road connections, being very close to the M25 Motorway (junction 27), M11 (junction 5), and the North Circular (A406) is approximately 6 miles south. Loughton tube station, which is on the Central Line, is approximately 0.5 miles from the property and provides a regular service into central London with approximately just 30 minutes travel time into London Liverpool Street.
Please note all times and distances given are approximate only.
Development
An application has been approved by Epping Forest District Council for a ‘roof extension to provide an additional floor of residential accommodation comprising 4 flats, and associated amenity space and including a new extension of existing staircase and additional escape staircase’. The application reference number is EPF/3294/21.
We are informed that the development is subject to a S106 payment of £8,736. There is no CIL payment due.
Please see brochure for accommodation schedule.
Terms
Offers are invited in excess of £400,000, subject to contract.
Tenure
The property will be sold with a new 250 year lease.
Viewings
Viewings are strictly by appointment through sole agents Harston&Co.
