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82 Aldersbrook Road, Wanstead London E12

82 Aldersbrook Road, Wanstead London E12

8282 Aldersbrook Road, Road, Wanstead

LondonLondon E12E12 5DH 5DH

An opportunity to create a residential development in a desirable East location, 10 minutes' walk from Manor Park Crossrail Station, overlooking the green open space of .

82 Aldersbrook Road, Wanstead

London E12 5DH

Development Opportunity

 Freehold sale with vacant possession.

 Attractive Edwardian building on a substantial 0.56 acre (0.227 ha) plot.

 Convenient and desirable location overlooking Wanstead Flats.

 10-minute walk from Manor Park Crossrail Station.

 Significant residential redevelopment potential for a multiple dwelling scheme (subject to obtaining the necessary consents).

82 Aldersbrook Road, Wanstead

London E12 5DH

Location & Transport Map

Situated within the London Borough of Redbridge, the property is located on Aldersbrook Road and directly overlooks Wanstead Flats, with excellent views of

Alexandra Lake.

The immediate area is affluent and the surrounds are typified by green spaces and attractive residential buildings. The property is well connected, with Manor Park Station situated a 10-minute walk from the property, connecting the area with the TFL Rail line to via Stratford. Manor Park is also part of the

Crossrail network which will improve the area’s connectivity in 2018. Woodgrange Park Station, part of the Overground network, lies a 15-minute walk away. Aldersbrook Road (A116) itself also offers bus routes to , and 82 Manor . Aldersbrook Road Park

The surrounding area offers a wide variety of amenities. Ilford is situated close by and is home to numerous retailers, restaurants, cafés and gyms, as well as a Cineworld cinema. Stratford is a 10-minute drive or rail journey to the west, with

Westfield shopping centre and the famous Queen Elizabeth Olympic Park. Two prominent golf clubs are also a short walk away; Wanstead Golf Course and Ilford Golf Club .

82 Aldersbrook Road, Wanstead

London E12 5DH

Crossrail

When Crossrail arrives in 2018 it will bring an additional 1.5 million people to within a 45-minute commute of the centre of London. Wanstead is already a desirable locality, being in an early Edwardian conservation area and having many green open spaces. However, Manor Park’s inclusion on the Crossrail network will make the area even more desirable, given the ease of access into it will bring. For example, the following stations will be easily accessible from Manor Park:

 Stratford – 6 min  – 14 min  Liverpool Street – 14 min  Court Road – 19 min  Bond Street – 22 min  Heathrow – 50 min

According to forecasts, Manor Park is one of stations around which the greatest house price growth is expected over the period Q4 2014 to Q4 2020. The overall price growth forecast combines a base forecast, the broad regeneration impact and the direct Crossrail influence. Prices are expected to grow around Manor Park by just over 40% during the period, compared with prices rising by CGI of proposed public realm and station forecourt, to be funded by Crossrail 36% during the same period.

82 Aldersbrook Road, Wanstead

London E12 5DH

Crossrail Network Map

82 Aldersbrook Road, Wanstead

London E12 5DH

Local Area

82 Aldersbrook Road, Wanstead

London E12 5DH

Description Tenure & Vacant Possession

82 Aldersbrook Road is a semi-detached Edwardian house on a plot totalling 0.56 The property will be sold freehold with vacant possession, as outlined in red on the acres (0.227 ha). The property benefits from unobstructed views across Wanstead below OS plan. Flats to the central London skyline. It has a large private garden to the rear which backs onto a row of rear gardens of houses on adjoining Avenue.

The current accommodation is arranged over ground and first floors. There is an outbuilding in the rear garden which has been used as a stable and more recently garage.

82 Aldersbrook Road, Wanstead

London E12 5DH

Development Potential

ODOS architects have been commissioned to carry out a feasibility study to assess The full feasibility study with more detailed design proposals is available upon the massing possibilities on the site. The results show the potential for a scheme request via the sole selling agents, Strutt & Parker. comprising several houses, while retaining the existing dwelling, subject to the necessary consents.

An indicative schedule of accommodation based on the feasibility study and excluding the current house is below:

Number Beds NSA (sq m) NSA (sq ft) 1 4 170 1,830 2 4 170 1,830 3 4 170 1,830 4 4 170 1,830 5 4 170 1,830 6 4 170 1,830 7 4 170 1,830 8 4 170 1,830

TOTAL 1,360 14,640 Sketch view of dwellings from the parking area

82 Aldersbrook Road, Wanstead

London E12 5DH

Additional Information Offers

Please contact Strutt & Parker for more information or to receive any additional Unconditional offers for the Freehold interest are invited in excess of £2,000,000 documentation. An electronic data pack containing Title documents, the feasibility (Two Million Pounds), subject to contract and exclusive of VAT. study produced by ODOS Architects and photographs is available upon request.

Contact Details

Viewings are strictly by prior appointment via Strutt & Parker. Please contact:

Rosie Dakeyne Dominic Price T: 020 7318 4693 T: 020 7318 5035 E: [email protected] E: [email protected]

Strutt & Parker LLP for themselves and for the Vendors of this property whose Agents they are, give notice that The Particulars are set out as a general outline only for the guidance of intending purchases and do not constitute part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation and their details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of them. Unless otherwise stated, all prices, rents and other charges are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or tenants must satisfy themselves independently as to the incidence of VAT in respect of any transaction. All plant, machinery, equipment, services and fixtures & fittings referred to in these particulars were present at the date of publication. They have not, however, been tested and therefore we give absolutely no warranty as to their condition or operation. No person in the employment of Strutt & Parker LLP has any authority to make or give any representations or warranty whatsoever in relation to this property or these particulars, nor enter into any contract on behalf of the Vendors.

No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold or withdrawn. The date of publication is March 2016.