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UNDER OFFER

Snakes Lane East, Woodford Green, Essex, IG8

Offers in Excess of
£600,000
Ambassador Property Services, Hainault
PROPERTY TYPE

Land

SIZE

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Key features

  • Development
  • Full Planning
  • Three New Build Flats
  • Investment

Description

Ambassador are pleased offer this rare development opportunity- A freehold building with planning for 3 new 1bed flats to be added to the top floor. The existing building has 9x1 bed flats sold off on leases with a ground rent of £250 per flat per year. The planning Ref:3323/20
The freehold is held in a Company and this may be purchased as a company sale, we anticipate the GDV of the three new flats to be £1 Million and the freehold value of the 12 leases to be £50,000.
All plans and structural engineers drawings are complete and submitted to building control, ready for the project to start.

Brochures

Snakes Lane East, Woodford Green, Essex, IG8

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Woodford Station0.3 miles
  • Roding Valley Station0.7 miles
  • South Woodford Station1.2 miles

About the agent

Ambassador Property Services, Hainault

Unit 7 97-101 Peregrine Road, Hainault Business Park, Ilford, IG6 3XH

Ambassador Property Services, Hainault

Ambassador Property Services

Find Your Perfect Home Today

If you have property to let or want to rent in the Hainault and Woodford area, get in touch with Ambassador Property Services. We are an independent, highly experienced firm of letting agents whose central value is going the extra mile with both landlords and tenants. Following nearly two decades in the corporate letting and property management industry, we acutely understand the importance of providing a comprehensive serv

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Industry affiliations

Property Redress Scheme

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