Auction House London

Lot 46

Residential Development - Commercial Property 

Roof Space & Basement Development at Orchard Court

239B Shernhall Street, Walthamstow, London, E17 9EB

Withdrawn Prior

A Residential Development Opportunity Offered with Planning Permission for the Construction of a Second Floor and a Lower Ground Floor Extension to Create an Additional Five Flats (3 x 1 bed, 1 x 2 bed & 1 x 3 bed).

Eight Week Completion Available

Description

The property comprises the roof space and the basement area above and below a detached block of flats arranged over ground and two upper floors.

Tenure

Virtual Freehold. There are approximately 996 years unexpired on the lease at a peppercorn ground rent.

Location

The property is situated in the East London area of Walthamstow close to local shops and amenities. There are numerous green open spaces within easy reach. Transport links are provided by Walthamstow Central underground (Victoria line) and overground stations.

Planning

The London Borough of Waltham Forest granted the following planning permission (Ref: 180607) dated 25th March 2018 for;
'Construction of second floor and lower ground floor extensions to create 5 additional residential units (3 x 1 bed, 1 x 2 bed, 1 x 3 bed) including the formation of front, rear and side light wells together with associated landscaping, cycle parking and refuse storage'.

Proposed Accommodation

Lower Ground Floor
1 x 1 Bedroom Flat
1 x 2 Bedroom Flat
1 x 3 Bedroom Flat

Second Floor
2 x 1 Bedroom Flats

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about Roof Space & Basement Development at Orchard Court, 239B Shernhall Street, Walthamstow, London, E17 9EB

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