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Hammonds Development Opportunity for Sale

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Hammonds Development Opportunity for Sale ENTER Indicative Visualisation Development Opportunity For Sale Hammonds 61 STONELEIGH COURT, HERENT DRIVE, CLAYHALL, IG5 0HX www.kingsbury-consultants.co.uk Land at Wilmer Place, Stoke Newington, London N16 0LH SUMMARY DESCRIPTION & LOCATION AERIAL DEVELOPMENT TERMS SUMMARY • Stoneleigh Court is located in Clayhall in the London Borough of Redbridge. • The site is situated close to the main road of Woodford Avenue (A1400), North Circular (A406) a short 5-minute drive away to the west. • Gants Hill and Redbridge stations are both around 20 minutes’ walk away. • Site extending to approximately 0.074 acres located within an attractive residential/retirement development. • Detached property comprises a former caretaker's residence • Full planning permission has been granted for a new build scheme comprising 7 x 1bedroom apartments totalling 3,831 ft2. • Offers invited in the excess of £900,000 for freehold interest. Indicative Visualisations Hammonds Land at Wilmer Place, Stoke Newington, London N16 0LH SUMMY DESCRIPTION &LOCATION AERIAL DEVELOPMENT TERMS DESCRIPTION The detached property comprises a former caretaker's residence set within a triangle site of approximately 0.074 acres which incorporate a substantial wrap around garden. The 3bedroom former caretaker's residence is arranged over ground and first floor and is currently vacant. Main entrance of the building fronts Herent Drive off Woodford Avenue (A1400) The site is surrounded by residential properties to the south and retirement properties to the north LOCATION The property is located on Herent Drive which is located in Clayhall within the London Borough of Redbridge The site is within close proximity to several public open spaces including Clayhall park, there are numerous shops, cafes, restaurants, bars and other amenities available nearby on Woodford Avenue (A1400) Gants Hill and Redbridge stations both on the central line are located within an easy 20- minute walk. Several Bus routes are available on Woodford Avenue serving Ilford town centre. Land at Wilmer Place, Stoke Newington, London N16 0LH HE SUMMRY DESCRIPTION & LOCATION AERIAL DEVELOPMENT TERMS PLANNING&DEVELOPMENTPOTENTIAL APPROVEDACCOMMODATIONSCHEDULE The property benefits from planning permission granted 30th April 2019 (application Unit Floor Description NIA m2 NIA ft2 reference: 0009/19) for the ‘Demolish existing structure and Erection of 3 and part 4 storey block containing 7 x 1bedroom flats with 4 onsite parking spaces’ 1 Ground 1bedroom Apartment 581 54 Planning approval is NOT subject to any Section 106 Agreement, but financial 2 First 1bedroom Apartment 538 50 contributions inform of CIL payment is required to approximately £72,000. 3 First 1bedroom Apartment 538 50 4 First 1bedroom Apartment 549 51 An additional 8th unit may be possible subject to further planning on the 4th floor – Plans 5 Second 1bedroom Apartment 538 50 have already been drawn up and are available on request and will be passed on to any 6 Second 1bedroom Apartment 538 50 prospective purchaser. 7 Second 1bedroom Apartment 549 51 Total 3831 356 Indicative Visualisations Land at Wilmer Place, Stoke Newington, London N16 0LH HE SUMMRY DESCRIPTION & LOCATION AERIAL DEVELOPMENT TERMS APPROVED FLOOR PLANS THIRD FLOOR Land at Wilmer Place, Stoke Newington, London N16 0LH HE SUMMRY DESCRIPTION & LOCATION AERIAL DEVELOPMENT TERMS TENURE The property will be sold freehold subject tovacant possession on completion. VAT The property NOT elected for VAT. TERMS Offers are invited in excess of £900,000 based on an outright sale. CONTACT To discuss any aspect of the property of disposal process, please contact Adam Hafiz 07960 203393 Contact Number: 07960203393 Contact Number: 02030055091 [email protected].
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