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Development Opportunity, Manor Road, Chigwell
£2,300,000
Land
5 Bedrooms3 Bathrooms3 Receptions
Key Information
Tenure:Freehold
Council tax band:TBC
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone
Key Features
DEVELOPMENT OPPORTUNITY
THREE DETACHED DWELLINGS
PLOT 1 - 4 BED HOUSE 2314 SQ FT + GARAGE
PLOT 2 - 5 BED HOUSE 3422 SQ FT + GARAGE
PLOT 3 - 5 BED HOUSE 2830 SQ FT + CARPORT
OUTLINE PLANNING PERMISSION (EPF/2769/18)
Description
A unique development opportunity in the heart of Chigwell to build three detached properties. The plot has outline planning permission (EPF/2769/18) granted to demolish the existing property and build three detached dwellings ranging from 2314 square feet to 3422 square feet. They are set out as followed:
Plot 1 - 4 bed House 2314 sq ft + Garage
Plot 2 - 5 Bed House 3422 sq ft + Garage
Plot 3 - 5 Bed House 2830 sq ft + Carport
Currently occupying this fantastic plot is a five bedroom detached family home spanning 3,486 square feet. It features a spacious driveway and a fabulous 'L' shape garden measuring over 200 feet in length. Manor Road, Chigwell is a short walk from the central line station and local facilities are within easy access.
Plot 1 - 4 bed House 2314 sq ft + Garage
Plot 2 - 5 Bed House 3422 sq ft + Garage
Plot 3 - 5 Bed House 2830 sq ft + Carport
Currently occupying this fantastic plot is a five bedroom detached family home spanning 3,486 square feet. It features a spacious driveway and a fabulous 'L' shape garden measuring over 200 feet in length. Manor Road, Chigwell is a short walk from the central line station and local facilities are within easy access.
*** Virtual Staging Disclaimer ***
Some images included in the listing have been virtually staged to help showcase the intended use and true potential of spaces in the home. The CGIs generated are an example of the type of property that you could build on the plot, subject to final approval by EFDC.
Viewings not available
Elliott James Branch
Limes Farm Junior School
(0.29 miles)Good
Number of pupils: 146
Age Range: 7 - 11
Limes Farm Infant School and Nursery
(0.29 miles)Good
Number of pupils: 175
Age Range: 3 - 7
New Rush Hall School
(0.68 miles)Outstanding
Number of pupils: 79
Age Range: 5 - 16
St John's RC School (Essex)
(0.69 miles)Good
Number of pupils: 98
Age Range: 5 - 19
Fairlop Primary School
(0.72 miles)Good
Number of pupils: 711
Age Range: 3 - 11
West Hatch High School
(0.78 miles)Good
Number of pupils: 1356
Age Range: 11 - 18
Manford Primary School
(0.94 miles)Good
Number of pupils: 458
Age Range: 3 - 11
Wells Park School
(0.96 miles)Outstanding
Number of pupils: 52
Age Range: 5 - 11
Chigwell School
(1.03 miles)Number of pupils: 1150
Age Range: 4 - 18
Clore Tikva School
(1.1 miles)Good
Number of pupils: 417
Age Range: 3 - 11
Property Calculators
Mortgage
Estimated Monthly Mortgage Payment:
£11,506 /mo.25 Years, 4.5% Interest
Loan
£2,070,000
Total Repay
£3,451,720
Stamp Duty
You’ll have to pay the stamp duty of:
£189,750
0% up to £125,000
2% from £125,000 to £250,000
5% from £250,000 to £925,000
10% from £925,000 to £1,500,000
12% from £1,500,000 to £2,300,000
Your effective stamp duty rate is 8.25%
Would you like to speak to someone about a mortgage?
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