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Guide Price£140,000

Air Space Above 1-12 Monkwood Close, Romford, Havering, RM1 2NQ

Key Features

  • Leasehold - 999 years from 12th August 2021 (approximately 994 years remaining).

Description

** 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.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: /
stuart.

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)

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Map Location

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-05-13

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
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