DEVELOPMENT – The property is situated in Buckhurst Hill with Queens Road being the hub of the local community, and just 5 minutes walk from the Central Line station.
The property provides valuable accommodation for young couples and families who wish to live in an area dominated by a “cafe society” and yet with very easy access to the local shops.
It was purchased in a dilapidated condition and with substantial rent arrears. Vacant possession was subsequently achieved.
The existing property comprised a ground floor lock up shop with a first floor 1 bedroom flat above. To the rear of the building is a large garden with frontage to Back Lane.
We won planning permission at appeal, to redevelop and provide a ground floor lock-up shop and 3 x 1 bed flats.
1 x 1 bed – Ground floor = 530sq ft
1 x 1 bed – First floor = 500 sq ft
1 x 1 bed- Second Floor = 350 sq ft
Shop = 250 sq ft