Indicative Visualisation
Land at 82 Aldersbrook Road, Wanstead, London E12 5DH Residential Development Opportunity For Sale www.kingsbury-consultants.co.uk Land at 82 Aldersbrook Road, Wanstead, London E12 5DH
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
SUMMARY
• Former residential garden extending to circa 0.43 acres occupied by a vacant 2-storey outbuilding • Planning permission for the construction of 5 houses (1 x 2 bedroom and 4 x 3 bedroom units) totalling 6,754ft2 with private gardens and off- street parking • Sought-after residential location on the Aldersbrook Estate opposite Wanstead Flats (public park) and circa 0.6 miles from Manor Park Crossrail Station • Offers invited in excess of £1,800,000 for the freehold interest www.kingsbury-consultants.co.uk Land at 82 Aldersbrook Road, Wanstead, London E12 5DH
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
DESCRIPTION
The property comprises a plot of land extending to circa 0.43 acres which is currently occupied by vegetation, trees and a single outbuilding.
The site has a substantial frontage on to Aldersbrook Road and was historically a garden belonging to the semi-detached house on the south-eastern boundary.
The existing outbuilding is positioned in the middle of the site and was originally built as a garage and stable block. It is currently in a dilapidated state and vacant.
The property lies within Aldersbrook Conservation Area.
LOCATION
The property is located on Aldersbrook Road in Wanstead, within the London Borough of Redbridge. The immediate area comprises mainly residential uses, consisting mostly of large family houses in Period style. The site is situated opposite Wanstead Flats, a large public park of approximately 334 acres which is bounded by the East London districts of Wanstead, Leytonstone, Manor Park and Forest Gate.
The nearest amenities including numerous shops and restaurants can be found on High Road Leytonstone and High Street, Wanstead. The property is within the catchment area of Aldersbrook Primary School, which recently received an outstanding Ofsted report.
Manor Park Station is located approximately 0.6 miles to the south-east of the site, offering TFL Rail and Crossrail / Elizabeth Line services into Central London. Wanstead Underground Station is located approximately 1.7 miles from the property offering Central Line services. www.kingsbury-consultants.co.uk Land at 82 Aldersbrook Road, Wanstead, London E12 5DH
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
PLANNING & DEVELOPMENT POTENTIAL APPROVED ACCOMMODATION SCHEDULE
Planning permission was granted in June 2017, under reference 0256/17, for part demolition, Unit Floor Description GIA ft2 GIA m2 conversion and extension of the existing outbuilding to create a 2 bedroom house, along with the construction of 4 x 3 bedroom (fully new build) houses. 1 Ground, First & Second Three Bedroom Six Person Semi-Detached House 1,550 144.0 2 Ground, First & Second Three Bedroom Six Person Semi-Detached House 1,550 144.0 The planning approval is subject to a CIL liability of approximately £56,000. No Section 106 obligations apply. 3 Ground & First Two Bedroom Four Person Detached House 1,297 120.5 4 Ground & First Three Bedroom Five Person Detached House 1,179 109.5 The online planning application can be viewed here. 5 Ground & First Three Bedroom Five Person Detached House 1,179 109.5 Two of the proposed houses (both 3 bedroom, 3-storey semi-detached units) are located Total 6,754 627.5 at the entrance to the site, with the remaining three houses (all 2-storey and detached) positioned at the rear of the site. The properties will be serviced by a private road accessed directly off Aldersbrook Road and benefit from 7 off-street parking spaces. Indicative Visualisation
PLOT 1 PLOT 5
PLOT 2
PLOT 4
Proposed Site Layout PLOT 3 www.kingsbury-consultants.co.uk Land at 82 Aldersbrook Road, Wanstead, London E12 5DH
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
TENURE
The property will be sold freehold and subject to vacant possession on completion.
VAT
The property is not elected for VAT.
TERMS
Offers are invited in excess of £1,800,000.
ADDITIONAL INFORMATION
Further information including approved planning documents and the legal pack are available in the dataroom using access code ‘Wanstead’.
CONTACT To discuss any aspect of the property of 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 England No: 06869268.