FOR SALE

Shakespeare Crescent, Manor Park E12 6NB

Offers in the region of £400,000

Description

The existing property comprises of 5 single-storey garages adjacent to 208 Shakespeare Crescent.

The site is broadly rectangular in shape and extends to approximately 0.04 acres.

Location

The property is located on Shakespeare Crescent, within the London Borough of Newham.

The area is well served by local amenities with East Ham High street located within walking distance of the property.

The nearest stations to the property are East Ham underground station (District and Hammersmith and City Lines) and Woodgrange Park (Overground) which are both 0.7 miles from the property.

Planning & Development Potential

Planning permission was granted on 26th August 2021 (ref: 21/00745/FUL) for the demolition of existing garages and construction of 2 x 2 bedroom semi-detached houses extending to approximately 1,507 sq.ft.

A CIL liability of approximately £7,000 is payable. Please note that this  is an estimate as of October 2021 and should not be relied upon. Any prospective purchasers should undertake their own analysis.

Now that the principle of re-development has been established, there might be potential to enhance the proposed scheme by adding an additional bedroom within the top floor of the units, subject to obtaining the necessary consents.

Tenure

The property will be sold freehold subject to vacant possession upon completion.

Terms

Offers are invited in the region of £400,000 for the freehold interest.

VAT

We understand that the property is not elected for VAT.

Additional Information

Further information including approved planning documents can be found in our dataroom using the password ‘208Shakespeare’.


Disclaimer - Kingsbury on its own behalf and on behalf of the Owner / Landlord of this property whose agent Kingsbury is, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.


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  • 5 x single-storey garages situated on a 0.04 acre site
  • Planning permission for 2 x 2 bedroom houses set across 2-storeys totalling 1,507 sq.ft.
  • Popular residential location within walking distance of both East Ham and Woodgrange Park stations
  • Offers invited in the region of £400,000 for the freehold interest

To discuss this opportunity further, please contact Chris Incledon or Joe Cooper on 020 7183 2529

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