Residential development for sale
Features and description
- 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.