Residential development for sale
Property description & features
- Tenure: Leasehold (994 years remaining)
- Airspace Development Opportunity (STPP)
*DEVELOPMENT OPPORTUNITY*
A rare opportunity to acquire the long leasehold interest (994 years remaining) of the airspace above a purpose built apartment block in East London.
Located equidistant between both Upton Park and Plaistow Underground Stations (Hammersmith & City and District lines zone 3), Southern Road is an ideal spot for commuting into Central London. The site is situated on a residential road with the front aspect overlooking playing fields. There has been an enormous amount of regeneration in the area over the past few years and this has been reflected in the huge increase on demand from homeowners, investors and tenants alike.
Planning permission has been approved for the construction of a mansard roof extension to provide two residential units ( 2 x 1 bedroom apartments ).
Further information, including plans etc, is available upon request.
Places of interest
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*DISCLAIMER
Property reference cbk5-oO8o7s. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Wolbrook James - Newham.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 9, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 9, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on July 17, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.