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136, Tomswood Hill, Ilford, Essex IG6 2QN

Guide Price £320,000 plus fees

Lot 8

Auction Date:

20th May 2025
at 12:00 pm
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Tenure: Freehold

    AN EXCITING DEVELOPMENT OPPORTUNITY IN A HIGHLY SOUGHT AFTER RESIDENTIAL LOCATION WITH PLANNING CONSENT GRANTED FOR THE ADDITION OF A FURTHER TWO FLOORS AND THE FREEHOLD OF THE BLOCK (PLANNING APPLICATION NUMBER 3840/20).

    The development has been passed for an upward extension consisting of 2 storeys on a detached block of flats, creating 2 new 1 bedroom flats on the third floor and a large 3 bedroom penthouse on the 4th floor.

    SITE

    Sitting on a parcel of land approximately 3,300Sq Ft (307M2) the block comprises of 6 self-contained flats set across 3 floors (Ground, First and Second). The block is held on a registered freehold title with the individual units being sold on registered long leases.
    Planning has been granted for the upward extension of 2 additional storeys on detached block of flats consisting of 3 new flats, application number 3840/20.

    LOCATION

    Ilford is a large town in East London, 9 miles (14 km) northeast of Charing Cross. Part of the London Borough of Redbridge, Ilford is within the ceremonial county of Greater London.
    The property is located on the northern boundary of Ilford close to the border of Chigwell. Fairlop underground station is less than 3/4 of a mile to the west of the property, there is excellent road access with the M11 about 1 mile to the north and A12 about 2 miles to the south.

    NOTES

    Please read the legal pack to understand the sale of the SPV containing the relevant asset etc.

    VIEWING

    External viewing only, please contact the Auctioneer for further information

    Additional Fees

    Administration Fee
    0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
    Buyer's Premium
    1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.
    Disbursements
    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    13/15 Ripple Road, Barking, East London. IG11 7NN

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    136, Tomswood Hill, Ilford