Guide price
£140,000
Block of flats for saleAir Space Above 1-12 Monkwood Close, Romford, Havering RM1
EPC Rating: C
Auction
Freehold
About this property
Leasehold - 999 years from 12th August 2021 (approximately 994 years remaining).
For sale by auction 4th June 2026 at 12:00 £140,000 plus
Air space development with planning permission granted for four flats
Location & Description
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.
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.
Tenure
Leasehold - 999 years from 12th August 2021 (approximately 994 years remaining).
Note
Auction Surveyor: Stuart Mackay
Contact: /
Planning
Prior Approval by The London Borough of Havering for additional storey to a block of flats to create 4 additional flats (Ref: J0026.25)
Air space development with planning permission granted for four flats
Location & Description
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.
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.
Tenure
Leasehold - 999 years from 12th August 2021 (approximately 994 years remaining).
Note
Auction Surveyor: Stuart Mackay
Contact: /
Planning
Prior Approval by The London Borough of Havering for additional storey to a block of flats to create 4 additional flats (Ref: J0026.25)
Mortgage calculator
Monthly repayment
£700 per month
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