£1,250,000
Land for saleStoke Newington Church Street, London N16
- Chain free
- Freehold
Spencer James Residential
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About this property
Chain Free
Development Potential
Cleared Site
Street Fronted
Offered Chain free is this plot with building potential in the heart of Stoke Newington located close to transport links, shops and amenities.
Fronting Stroke Newington Church Street is this cleared site for redevelopment fronting onto the exceptional desirable street thoroughfare. We consider the site suitable for mixed use Re-development, potentially (subject to planning) comprising of:
• A single commercial unit (double fronted) across the whole ground floor with potentially a basement level
• 7 x private residential dwellings to the upper floors arrange as 1st, 2nd, 3rd and part 4th floor to match the streetscape.
This should generate a commercial unit of c.1500 sq.ft (without basement level) which can be leased for around £50,000 per annum and 7 apartments that should sell in the region of £4m depending on size, specification etc.
Spencer James Residential is an independent estate agency established in 2002 specialising in all aspects of residential lettings, sales and property management.
We are serious about the pivotal role we play between our landlords and tenants; buyers and sellers. Our clients are assured in the knowledge that we work under an approved code of practice, due to our memberships with recognised industry bodies including: The Association of Residential Lettings Agents (ARLA); the National Association of Estate Agents (NAEA); and the Property Ombudsman (Sales and Lettings).
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