Current Instructions

DESCRIPTION

• A residential investment & development opportunity, located in the heart of Walthamstow, East London.
• The buildings are conveniently positioned just off the main high street and 0.2 miles from Walthamstow Central Station (Victoria and Weaver Line).
• Existing site comprises three residential buildings arranged as sixteen flats and ‘coach house’, along with additional land with development potential.
• Number 12 Church Hill (Title Number: EGL357724) consists 7 x 1 beds and 2 x 2 bed (inclusive of coach house), 4,609 sq ft NIA. This title also includes development land with benefit of resolution to grant planning for 7 apartments.
• Numbers 14 & 16 Church Hill (Title Numbers: NGL188974 & EGL163561) comprises 4 x studios, 2 x 1 beds, 2 x two beds, 3,648 sq ft NIA.
• Accommodation mix across all 3 buildings; 4 x studios, 9 x 1 beds, 4 x 2 beds, NIA – 8,257 sq ft.
• All 3 buildings are offered with vacant possession; the estimated rental value is in the region of £330,000 per annum in the apartments current condition.
• The development land associated with number 12, benefits from a resolution to grant planning to develop two separate blocks of apartments totalling 7 flats in total, 5,339 sq ft NIA. This would involve the erection of four flats fronting Church Hill and the demolition of the existing coach house fronting Staniforth Road to develop another three new build apartments. 
• This scheme is not currently implementable but has established an undoubted precedent, please read the planning section in the brochure for further information.