A development opportunity measuring 0.27 acres (STLS) in prime commuter location.
Location The site is located within a primarily residential area of Hornchurch, and lies to the rear of an established parade of shops located at 67-89 Station Lane. Hornchurch Underground station lies 0.4 of a mile to the south, and is located on the District line, providing a service to Barking and Central London making it a prime commuter location. Furthermore, there is easy road links, with the M25 Junction 29 located 4 miles to the east, along with the A127 providing easy access to the rest of Essex.
Description The site extends to approximately 0.27 acres (STLS) and is roughly rectangular in shape. Access is gained from Station Lane to the west, via a shared access way with the properties at Queenside Mews to the east of the site. The site is currently made up of an area of scrubland comprising of poor quality vegetation, as well as some hardstanding currently used as parking.
Planning The site does not benefit from any current planning permissions. Following an unsuccessful planning application for 6 units, the officers report has confirmed that the principle of development would be acceptable on the site.
Terms of Offer The site is being sold on either an unconditional or Subject to Planning basis at a guide price of £500,000
Beresfords would seek to be instructed as the agent on all new homes being sold.
Please contact Beresfords Land Department for further information or to arrange a viewing.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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