Acquired
London IG10 – Land with Planning for Ten Apartments
113 Church Hill, Loughton, Essex, London IG10 1QRFreehold Residential Block Development Opportunity
Investment Consideration
- Comprises plot of land (0.32 acres) with planning approved for development of three-storey residential block consisting of 10 x 2-Bedroom Residential Apartments
- Total NIA once completed: 732.80 sq m (7,887 sq ft)
- The property would benefit from communal lift, cycle storage and 10 car parking spaces at rear
- Nearby occupiers include Sainsburys, Lidl and Esso Petrol Station, amongst others
Key Features
Tenure
Freehold
VAT
VAT is Applicable
Property Description
Comprises plot of land (0.32 acres) with planning approved for development of three-storey residential block consisting of 10 x 2-Bedroom Residential Apartments.
Development Opportunity:
Planning approved on 22nd July 2021 for development of three storey residential block, consisting of 10 x 2-Bedroom residential flats. The property would benefit from communal lift, cycle storage and 10 car parking spaces at rear.
Total NIA once completed: 732.80 sq m (7,887 sq ft)
Approved Plans – Ground Floor:
Flat 1 - 71.00 sq m (764 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Flat 2 - 70.00 sq m (753 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Flat 3 - 67.00 sq m (721 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Flat 4 - 76.00 sq m (818 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Total NIA: 284 sq m (3,057 sq ft)
Approved Plans – First Floor:
Flat 5 - 71.00 sq m (764 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Flat 6 - 70.00 sq m (753 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Flat 7 – 70.40 sq m (758 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Flat 8 - 76.00 sq m (818 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Total NIA: 287.40 sq m (3,093 sq ft)
Approved Plans – Second Floor:
Flat 9 - 78.00 sq m (840 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Flat 10 - 83.40 sq m (898 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Total NIA: 161.40 sq m (1,738 sq ft)
Development Opportunity:
Planning approved on 22nd July 2021 for development of three storey residential block, consisting of 10 x 2-Bedroom residential flats. The property would benefit from communal lift, cycle storage and 10 car parking spaces at rear.
Total NIA once completed: 732.80 sq m (7,887 sq ft)
Approved Plans – Ground Floor:
Flat 1 - 71.00 sq m (764 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Flat 2 - 70.00 sq m (753 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Flat 3 - 67.00 sq m (721 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Flat 4 - 76.00 sq m (818 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Total NIA: 284 sq m (3,057 sq ft)
Approved Plans – First Floor:
Flat 5 - 71.00 sq m (764 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Flat 6 - 70.00 sq m (753 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Flat 7 – 70.40 sq m (758 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Flat 8 - 76.00 sq m (818 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Total NIA: 287.40 sq m (3,093 sq ft)
Approved Plans – Second Floor:
Flat 9 - 78.00 sq m (840 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Flat 10 - 83.40 sq m (898 sq ft)
Open plan kitchen/living area, 2 Bedrooms, Bathroom/WC
Bedroom 1 has en-suite bathroom
Total NIA: 161.40 sq m (1,738 sq ft)
Location Description
Loughton is a town and civil parish in the Epping Forest District of Essex. Part of the Greater London Urban Area, the town borders Chingford, Waltham Abbey, Theydon Bois, Chigwell and Buckhurst Hill, and 12 miles northeast of Charing Cross. Junction 5 (south) of the M11 motorway linking Cambridge to London is accessed at Loughton's eastern boundary. Loughton is served by both Loughton tube station and, further north-east, Debden tube station, both served by the Central line of the London Underground. Nearby occupiers include Sainsburys, Lidl and Esso Petrol Station, amongst others.
