Development opportunity - A 3 bedroom end of terrace house (957 sq.ft. - source EPC) with planning consent for the erection of an additional 3 bedroom house to the side.

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Description/Location

Planning granted for the additional dwelling by Merton Borough Council on 05/01/2023 under planning ref 22/PO677. The existing house is let on an AST for 12 months from 08/04/2022 at £1,700 pm. There is a garage located in nearby block.

Tenure

Freehold
EPC rating D
Council Tax D

Local Authority

London Borough of Merton

Viewing

Please contact James Alexander Network Auctions on 020 8679 8601.

Accommodation

Existing property: Ground floor: Entrance hall, living room, kitchen First floor: 3 bedrooms, bathroom New build proposed accommodation: Entrance hall, living room, kitchen, 3 bedrooms, bathroom Outside: Off street parking, garden, garage in nearby block

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Legal documents

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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.