£3,000,000

End terrace house for sale

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  2.  Picture No. 15
  3.  Picture No. 16
Freehold

£3,000,000

End terrace house for sale

Commercial Road, London E1

Key Information

Tenure:
Freehold
Council tax band:
A band has not yet been confirmed.

Local area information

Property location

Nearby amenities

  • Wapping High School 0 miles
  • Date Palm Primary School 0 miles
  • Shadwell 0.3 miles
  • Shadwell 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for City of London, Tower Bridge and Bermondsey to find out more about the local area.

Features and description

  • Freehold
  • Unconditional offers invited for £3,000,000 the freehold site with vacant possession
  • Approx 4914sqft internally (current)
  • Planning granted to provide 7 resiential dwellings
  • Chain free
  • Site can be sold with vp
Freehold property measuring approx 4914sqft over 3 floors with planning for 7 residential apartments and potential to enhance via further planning.

The property comprises of a large basement (1509 sqft), ground floor (1722 sqft) and first floor (1683) retail unit and has been used by the same owner-occupier for over 40 years.

Planning permission pa/19/02300/A1: For the construction of a second, third and fourth floor extension and change of use of first floor to C3 (Residential use) to accommodate seven flats. Alterations to the ground and first floor facades. Permission granted April 2020.

Situated on a prominent corner site on the junction between Commercial Road and Tudor Street. The development benefits from the proximity of Aldgate (0.7 miles) and Aldgate East (0.5 miles) underground stations and Whitechapel station (0.4 miles).

Whitechapel has become one the most sought after locations for developers in recent years, it's resurgence is part of a broader trend that has seen renewed investment and interest in East London, spurred on by the widescale redevelopment of Stratford and surrounding areas for London 2012 and the introduction of the Elizabeth Line.

Whitechapel, is currently in the middle of a 15-year regeneration effort as set out by the £300m Whitechapel Vision. Projects include a new Town Hall, an extension to the Queen Mary University, seven new public spaces and more.

E1 has an abundance of vibrant independent restaurants offering a wide range of global cuisines while Brick Lane's famous mile-long stretch of curry houses and bakeries are only a 10 minute walk away. There is also a wide selection of characterful East London pubs to chose from.

Terms: Unconditional offers invited for £3,000,000 the freehold site with vacant possession.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

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Stirling Ackroyd - New Homes

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  1. Zoopla
  2. For sale
  3. London
  4. East London
  5. Shadwell
  6. Commercial Road

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