Call the team on 020 7625 9007 for more information
A Residential Development Opportunity (subject to obtaining all necessary consents). Planning Permission has been Submitted to Create a Self-Contained Lower Ground Floor One Bedroom Flat (Decision Pending).
The property comprises a development opportunity to create a lower ground floor one bedroom flat beneath an existing semi-detached building arranged over ground and two upper floors.
Tenure
Leasehold. The property will be held on a new 125 year lease upon completion.
Location
The property is situated in the South West London of Streatham Hill close to local shops and amenities. The open spaces of Hillside Gardens are within easy reach. Transport links are provided by Streatham Hill rail station.
Accommodation
The proposed application is to excavate the area below the ground floor and to create a one bedroom self-contained flat measuring 710 sq ft.
The property has not been inspected by Auction House London. All information has been supplied by the vendor.
Planning
Planning Permission has been submitted to Lambeth Council on 17th August 2015 (ref: 15/04685/FUL) for: "Excavation to provide a basement to create a one bed self-contained flat involving installation of new fenestration to the front and rear elevations, formation of an external stairwell to the front elevation and the formation of a front lightwell with balustrade."
Viewing Details
Please refer to us directly on: 0207 625 9007
Addendum
In accordance with the vendor's specific instructions, the deposit payable is 30% on this property and it must be paid in immediate cleared funds (ie debit card, bankers draft or immediate wire transfer. No payment by cheque is acceptable on this property).
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.