Sold

GUIDE PRICE £525,000 - £550,000

55 Pancroft

Abridge, Romford, Essex, RM4 1BX

Lot 9

Sold after auction for an undisclosed amount

A freehold development site comprising a 3 bedroom end terrace house (968 sq ft, source EPC) occupying a corner plot with planning previously approved for an additional 3 bedroom, 2 storey dwelling. Vacant.

Description/Location

Occupying an elevated position and an attractive open outlook in this established residential location. The existing house will benefit from refurbishment and is a blank canvas for a developer. Planning was granted (at planning committee subject to legal agreement / S106) by Epping Forest District Council Ref EPF/1061/21 for the erection of an additional 2 storey, 3 bedroom dwelling and a rear extension to the current house. We refer bidders to the legal pack and correspondence from Epping Forest District Council dated 19/05/2022 stating a new planning application is required.

Tenure

Freehold

Joint Agent

Please contact Quatremain & Co on 0208 016 5657.

Local Authority

Epping Forest District Council

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Ground Floor: Entrance hall, sitting room, dining room, kitchen, lean to conservatory, store rooms. First Floor: Landing, 3 bedrooms, bathroom. Outside: Corner plot gardens extending to the front, side and rear.

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.