Strapline
Auction Sale - 01/09/2022
Of interest to builders and developers
A freehold detached four storey block of flats with planning permission to extend to provide an additional two flats (1 x one bedroom, 1 x two bedroom), well located for the shopping and recreational amenities of Isle of Dogs and Poplar. Existing 12 flats sold on long leases. Development opportunity
Description
A detached four storey block with a flat roof, arranged as twelve flats sold on long leases
Location
Located near to the junction of Manchester Road and Roserton Street
A range of Shopping facilities can be found nearby on the Isle of Dogs with a further range available in Poplar
Recreational amenities of St John's Park and Millwall Park are both easily accessible
Transport
DLR- Crossharbour
Underground- Canary Wharf (Jubilee Line)
Tenancy
The 12 existing flats are all sold on a 999 year lease at a peppercorn ground rent
Planning
Planning Permission (App: Pa/21/01745) was granted by Tower Hamlets Council under permitted development on 22nd September 2021 "for the construction of a one storey upwards extension and provisions of two additional residential units".
Proposed accommodation:
Unit 1- Open plan kitchen/reception room, bedroom, bathroom/wc (approximately 50 sq m)
Unit 2- Open plan kitchen/reception room, two bedrooms, bathroom/wc (approximately 66.2 sq m)