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Residential-led development in the heart of East London

London, United KingdomUnlock address

68%

Offers invited

Development

#34158

Value-Add

21 Mar 2024

Property Details

Broker

For sale

39,816 sq.ft.

3,699 m²

NSA

53

Freehold

X

Fees

0.00 %

0.50 %

0.50 %

Investment Overview

Rectangular plot extending to approximately 0.25 acres (0.10 hectares), sitting in the heart of Poplar and Langdon Park. Full planning permission has been implemented for a scheme that will provide 53 residential units, 15 of which will be delivered as affordable, and 969 sq ft of ancillary commercial space. The previous buildings on the 0.25 acre (0.10 hectare) site have been demolished, and the remaining hard standing hoarded off. The required CIL & S106 payments (totalling £535,928 and £23,586 respectively) have already been paid to the Local Authority in full.