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Studio, in Air Space Above 1-12 Monkwood Close, £140,000
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0 bed property

Air Space Above 1-12 Monkwood Close, Romford, Havering RM1
Auction Planning
£140,000

Our Summary

  • * For sale by public auction on 4th June at 12:00 * 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
  • Note Auction Surveyor: Stuart Mackay Contact:[use Contact Agent Button] /[use Contact Agent Button] [use Contact Agent Button] PLANNING Prior Approval by The London Borough of Havering for additional storey to a block of flats to create 4 additional flats (Ref: J0026

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Description

The property is a 3-story building in Romford, Essex, with planning permission to construct a fourth floor and create four modern apartments, including three one-bedroom and one studio unit. The building sits atop a parking space and has a 999-year leasehold tenure from August 2021.