Development
properties
101 Cumberland Road,
Plaistow, London E13 8LS
Offers in excess of £1,200,000
Development Opportunity with Planning Permission for 9 Private Residential Units
Planning permission to construct 9 residential units
Cleared land in readiness for development
London Borough of Newham
Freehold
Offers in excess of £1,200,000
Description
The existing site is a cleared corner plot of land which was formerly “The Duke of Cumberland” which now benefits from planning permission to create a part-three, part-four storey development comprising 9 self-contained units (3 x 3 bedroom, 5 x 2 bedroom and 1 x 1 bedroom apartments) with access from Cumberland Road and Elkington Road. The design of the accommodation is suitable for contemporary family living, while contribution to the cultural and architectural identity of Newham.
Location
The proposed development is located at the corner of Cumberland Road and Elkington Street in Plaistow. The Kaizen Primary School is located to the east of the property and Cumberland Secondary School is less than half a mile away. The site is in close proximity to Cumberland playing fields and Newham Leisure Centre, a Council-run centre with dance studios, a health suite, running track, astro pitches and sports hall. Westfeld Shopping centre and the Queen Elizabeth Olympic Park are under 3 miles away from the site, easily reached via public transport or a just a short drive in the car.
Transport
The site is less than 1 mile from Plaistow Station (District and the Hammersmith & City lines) in zone 3. Canning Town Underground station (Jubilee and DLR lines) is just over a mile away and from the O2, Canary Wharf, Green Park and London City Airport are only a few minutes away. The nearby A112 provides links to the A13 and the A12, with further links to the Docklands area. The site has a PTAL level 3 rating and is close to a PTAL 4 zone.
Planning Permission
Planning was granted on the 8th March 2016 underapplication number 16/00584/FUL for the; Erection of9 x self-contained residential units comprising of 3 x 3 bed, 5 x 2 bed, 1 x1 bed units including cycle and refuse storage on the ground floor.
For any further information please contact Newham Council Planning Department on 0208 430 2000.
Tenure
Freehold.
VAT
We understand that VAT is not applicable.
Viewings
Viewings can be adequately made from the roadside in the first instance.
Financial Contributions
The site is liable to a Mayoral and Newham CIL totalling £57,894.88
Additional Information
For copies of all planning documents please contact a member of the Highfield team.
Terms
Offers in excess of £1,250,000 for the vacant freehold interest.
Schedule
Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.