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House For Sale £1,400,000
Water Lane, London E15


Description
Strapline

Auction Sale - 15/12/2021

A prominent corner site with lapsed planning permission for redevelopment to provide eight self-contained flats and two commercial units.

Potential for an improved scheme subject to consents - the University of East London is situated to the rear.

Currently arranged as a terrace of four mixed use buildings and yard area. Vacant

Description

Currently a terrace of three, two storey mixed use buildings with a commercial building and rear yard.

A corner plot with a site area of approximately 440 sq m (4,736 sq ft)

Location

Located within a popular residential area just to the east of Statford Centre, approximately 5 miles east of the City.

Situated in a prominent corner position at the junctions with Water Lane and Cedars Road.

The University of East London is within 200 yards of the property.

Local amenities are on Romford road with wider facilities available in Stratford Centre.

Maryland Station is less than half a mile distant and provides a direct link to Liverpool Street with a journey time of approximately 10 minutes.

Recreation amenities can be found at the Queen Elizabeth Olympic Park.

Transport

National Rail - Maryland Station

Accommodation

Existing Accommodation:

Number 2 - Lock up shop and rear yard.

Number 4 - Ground floor lock up shop with a three bedroom maisonette arranged over part ground and first floor.

Number 6 - Three bedroom house arranged over ground and first floors

Number 8 - Ground floor lock up shop with a three bedroom maisonette arranged over part ground and first floor.

Rear open yard area.

Planning

Planning permission was granted (now lapsed) by Newham Council (Ref: 10/02294/ful) for the demolition of the existing buildings and the erection of a new three storey development to comprise two commercial units on the ground floor (A1, A2, B1, B8) and 8 self-contained flats over the two upper floors ( 4 x 1 and 4 x 2 beds). It is considered that the site may be suitable for a revised scheme, interested parties must rely on their own enquiries in this regard.

Follow the link for more information:
        
zoopla.co.uk

  
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