Monkwood Close, Romford RM1

Property Details: - Type: Residential development - Bedrooms: 0 - Bathrooms: 0

Agent: Strettons Residential Agency - London Phone: 020 8128 9255

<b>* For sale by public auction on 29th October at 12:00 *</b><br/><br/>Location & Description<br/>The property is an air space development with parking which comes with approved planning permission to construct a fourth floor, allowing for the creation of four modern (3x 1 bedroom & 1x studio) apartments with the expected GDV being circa £900,000 & the expected rent circa £73,000 p.a. <br/><br/>It is located in Romford, Essex approximately mile from Romford station which offers excellent links into London via National Rail & The Elizabeth Line. Romford is well connected by road via the A12, A127 & the area offers extensive retail, leisure and transport amenities, including The Liberty and The Brewery shopping centres. <br/><br/>Tenure<br/>Leasehold - 999 years from 12th August 2021 (approximately 994 years remaining).<br/><br/>Note<br/>Auction Surveyor: Stuart Mackay<br/>Contact:[use Contact Agent Button] /[use Contact Agent Button]<br/>[use Contact Agent Button]<br/><br/>PLANNING<br/>Prior Approval by The London Borough of Havering for additional storey to a block of flats to create 4 additional flats (Ref: J0026.25)<br/><br/>Viewing Times