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Hastingwood Park, Common, , CM17 9ND Residential Development Opportunity For Sale www.kingsbury-consultants.co.uk Hastingwood Park, Harlow Common, Hastingwood, Essex CM17 9ND

HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS

SUMMARY

• Residential development site of 3.3 acres currently occupied by a single house and grassland

• Detailed planning permission for the demolition of the existing derelict house and the erection of 20 new 2, 3 and 4 bedroom houses providing 29,106ft2 GIA overall

• 18 houses for private sale and 2 for affordable rent

• Prime M11 corridor location with Epping (tube), Harlow (mainline), Bishop’s Stortford, Stansted Airport, Cambridge and all easily accessible

• Offers invited in excess of £2,750,000 freehold www.kingsbury-consultants.co.uk Hastingwood Park, Harlow Common, Hastingwood, Essex CM17 9ND

HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS

DESCRIPTION

The property comprises a broadly rectangular site extending to circa 3.3 acres consisting of a vacant, 4 bedroom, 2-storey farm house that sits to the north of the plot with grassland across the remainder of the land.

The site was formerly used as farm outbuildings and for light industrial purposes. All buildings except for the derelict house have been demolished.

Planning permission has been approved for the development of 20 new homes; all with large gardens and unspoilt views of the surrounding open countryside.

The Local Authority is District Council.

LOCATION

Hastingwood lies between Harlow and Epping to the north-east of London. The surrounding area comprises high-quality residential properties within a semi-rural setting.

The property is located approximately 1 mile from Junction 7 of the M11 which provides easy access into London.

Trains to London, Stansted and Cambridge can be taken from Harlow Town. The London Undergound (Central Line) can be accessed from Epping; a historic and charming market town with good shopping facilities. More substantial retail offers can be found in both Bishop’s Stortford, Harlow and Cambridge.

First class independent schools are within easy reach including Bishop’s Stortford College, St Edmund’s, Felstead, and Bancrofts. www.kingsbury-consultants.co.uk Hastingwood Park, Harlow Common, Hastingwood, Essex CM17 9ND

HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS

PLANNING & DEVELOPMENT POTENTIAL PROPOSED ACCOMMODATION SCHEDULE

The property benefits from planning permission, granted at committee in October 2017 Unit Floor Description GIA ft2 GIA m2 (under reference EPF/2523/16), for the demolition of the existing derelict farmhouse with the erection of 20 new 2-storey houses. 1 Ground / First 2 Bed 4 Person Semi-Detached House (AR) 861 80 2 Ground / First 2 Bed 4 Person Semi-Detached House (AR) 861 80 The approved scheme will provide 2 x 2 bedroom, 6 x 3 bedroom and 12 x 4 bedroom houses (a mix of terraced, semi-detached and detached) totalling 29,106ft2 GIA. The houses have 3 Ground / First 3 Bed 6 Person Semi-Detached House 1,356 126 been designed in a contemporary style and all benefit from private driveways and spacious 4 Ground / First 3 Bed 6 Person Semi-Detached House 1,356 126 rear gardens. 5 Ground / First 4 Bed 8 Person Semi-Detached House 1,550 144 Vehicular access will be served off the existing Harlow Common / entrance and 6 Ground / First 4 Bed 8 Person Semi-Detached House 1,550 144 internal road layout. 7 Ground / First 4 Bed 8 Person Semi-Detached House 1,550 144 The planning consent is subject to a Section 106 Agreement providing for 2 x 2 bedroom 8 Ground / First 4 Bed 8 Person Semi-Detached House 1,550 144 houses (Units 1 & 2) to be designated as affordable rent, along with financial contributions of £140,000. No CIL applies. 9 Ground / First 4 Bed 8 Person Semi-Detached House 1,550 144 10 Ground / First 4 Bed 8 Person Semi-Detached House 1,550 144 The online planning application can be found here. 11 Ground / First 4 Bed 8 Person Detached House 1,615 150 12 Ground / First 3 Bed 6 Person Semi-Detached House 1,356 126 13 Ground / First 3 Bed 6 Person Terraced House 1,356 126 14 Ground / First 3 Bed 6 Person Terraced House 1,356 126 15 Ground / First 3 Bed 6 Person Semi-Detached House 1,356 126 16 Ground / First 4 Bed 8 Person Detached House 1,808 168 17 Ground / First 4 Bed 8 Person Detached House 1,615 150 18 Ground / First 4 Bed 8 Person Semi-Detached House 1,550 144 19 Ground / First 4 Bed 8 Person Semi-Detached House 1,550 144 20 Ground / First 4 Bed 8 Person Detached House 1,808 168

Proposed Site Plan Total 29,106 2,704 www.kingsbury-consultants.co.uk Hastingwood Park, Harlow Common, Hastingwood, Essex CM17 9ND

HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS

TENURE

The site will be sold freehold subject to vacant possession upon completion.

VAT

We understand that the property is not elected for VAT.

TERMS

Offers are invited in excess of £2,750,000.

ADDITIONAL INFORMATION

Further information including approved planning documents are available within our dataroom using the access code ‘ Hastingwood’.

CONTACT To discuss any aspect of this property or the disposal process, please contact the sole selling agents:

Keir Goldstein 020 7183 2529 [email protected]

Jordan Oldfield 020 7183 2529 [email protected]

Kingsbury 1st Floor, 81 Alie Street, London E1 8NH

Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in No: 06869268. Indicative Visualisation