Planning for 8 x 1 Bedroom Apartments

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Indicative Visualisation

Development Opportunity For Sale Hammonds 61 STONELEIGH COURT, HERENT DRIVE, CLAYHALL, IG5 0HX 02089802226 @hammondsestates /hammondsestates www.kingsbury-consultants.co.uk Land at Wilmer Place, Stoke Newington, N16 0LH

[email protected] www.hammondsestates.co.ukSUMMARY 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.

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.

• Positive Pre-application received for 1 bedroom penthouse with private terrace on the 4th floor

• Full planning submitted to LPA for the extra unit on top Indicative Visualisations • Offers invited in the excess of £900,000 for freehold interest.

Hammonds Hammonds Bow 57 Bow Rd London E3 2AD 02089802226 @hammondsestates /hammondsestates Land at Wilmer Place, Stoke Newington, London N16 0LH [email protected] www.hammondsestates.co.ukSUMMY 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 town centre. Land at Wilmer Place, Stoke Newington, London N16 0LH

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PLANNING & DEVELOPMENT POTENTIAL APPROVEDACCOMMODATION SCHEDULE

The property benefits from planning permission granted 30th April 2019 (application Unit Floor Description NIA Sqft NIA m2 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 2 First 1bedroom Apartment 538 50 Positive Pre-application was received for an additional 1 bedroom penthouse with private 3 First 1bedroom Apartment 538 50 terrace on the 4th floor – Plans and the formal report from the local planning authority is 4 First 1bedroom Apartment 549 51 available on request. We can confirm the vendor has now submitted the full planning 5 Second 1bedroom Apartment 538 50 application for the 8th unit with the LPA , the formal decision is due in the next 6 weeks. 6 Second 1bedroom Apartment 538 50 Planning approval is NOT subject to any Section 106 Agreement, but financial 7 Second 1bedroom Apartment 549 51 contributions inform of CIL payment is required to approximately £80,000. 8 Third 1bedroom Penthouse 549 51 Total 4380 407

Indicative Visualisations Land at Wilmer Place, Stoke Newington, London N16 0LH

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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

Indicative Visualisations

Adam Hafiz 07960 203393 [email protected]