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Land for sale

Essex Road South, London, E11
Sold STC
Land
Added > 14 days

Key information

TenureLeasehold
Council taxAsk agent
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Features and description

  • Airspace development
  • Planning permission granted for five apartments
  • Desirable location
  • Approximate GDV of £2,000,000
  • CIL Liability of approx £67,000
  • GIA of 3701sqft
An airspace development opportunity with planning approval for five apartments.

A fantastic opportunity to acquire this airspace lease with planning permission for 5 apartments in the desirable location of Leyton, East London.

Each apartment is approx 70sqm in size and a two bedroom/three person apartment.

Planning reference: Waltham Forest Council 241769

The Gross Internal Area of approx. 3701sq. ft. (344m2). There will be a CIL liability of approx. £67,000

There is also contributions of approximately £15,000 payable by the purchaser.

Martyn Gerrard's New Homes team have advised of a GDV of £2,000,000 once the property has been built.

The local area boasts a wealth of amenities, including High Road Leyton & Leytonstone, the pedestrian-friendly Francis Road, and the nearby High Street Wanstead and Walthamstow Market, all within easy reach. These spots offer a delightful variety of shopping, dining, and leisure activities. For nature lovers, the serene Epping Forest and Hollow Ponds are just a short distance away, providing a peaceful retreat from the hustle and bustle of London. With Overground and Central Line stations within walking distance, as well as numerous bus and cycling routes nearby, staying connected to the City and beyond is a breeze.

Transport links are excellent, with Leyton Midland Road station (overground) 0.4 miles away and Leytonstone station (underground) 0.5 miles away.

Tenure : Long Leasehold

Guide Price : £500,000

A excellent opportunity for a developer or investor

Viewings are strictly by appointment only

PLEASE NOTE: One of the Directors of Martyn Gerrard Estate Agents has a substantial interest in the vendor company.
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About this agent

Martyn Gerrard - Land and New Homes
Martyn Gerrard - Land and New Homes
344 Regents Park Road Finchley N3 2LJ
020 8033 1590
Full profileProperty listings
Martyn Gerrard has been proudly helping people achieve their property dreams since 1964, and we’re honoured to have been recognised not only as the best estate agent in London, but also the best in the UK. With 12 strategically located offices, we specialise in selling and letting homes across North and North West London. Our connected network means the sales and lettings teams across all 12 offices work together to market your property, giving it maximum exposure and increasing the chances of a successful sale or let. This unique approach offers a Multi-Agency Service for a Sole Agency Fee, delivering outstanding value and results.
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