Development
properties
1E Springdale Mews, London, N16 9NR
Freehold Development Opportunity in Stoke Newington
Planning permission has been granted for the construction of 1 x 2 bedroom dwelling & 1 office (Class E)
Proposed GIA- 141m2 / 1,518sqft
Amenities closeby including Tesco Express, Boots and Newington Green
Canonbury Station is a 12 minute walk away
Car free development
Freehold
Offers in excess of £250,000 for the freehold interest
Description
The site is currently occupied by a vacant garage space in disrepair and is located within the London Borough of Hackney. Planning permission has been granted for the demolition of the existing garage and erection of a two storey building to provide 1 x 2 bedroom residential unit and office space (Class E).
Location
The site sits on Springdale Mews, which runs parallel to Green Lanes. The Mews is currently undergoing a slow transition from light commercial space to residential and more recent structures have been built to provide accommodation and office use. The area is also very well served in terms of local nearby amenities which can be found on Green Lanes. The local schools include Grasmere Primary School (0.4 miles), Betty Layward Primary School (0.5 miles), and Stoke Newington School & Sixth Form (0.5 miles).
Transport
The nearest station is Canonbury Overground station which is situated 0.6 miles away (12 minute walk) and provides direct access to Highbury & Islington Station within 3 minutes.
Planning Permission
Reference Number |2021/1455|Planning permission has been granted by the London Borough of Hackney for the demolition of the existing garage and erection of a two storey building to provide 1 x 2 bedroom residential unit and office floor space (Use Class E).
Additional Information
Please contact a member of the team at Highfield Investments for the further information pack
Further Scope
There may also be further scope to convert the office into a 1 bedroom flat. Subject to gaining the necessary consent.
Access
Available upon request.
Financial Contributions
We have been advised that S106 charges will be £28,625 (£3,470 has already been paid for council monitoring costs). CIL charge has been estimated at approximately £13,591.
VAT
We have been advised that VAT is not applicable.
Tenure
Freehold.
Terms
Highfield are inviting offers in access of £250,000 for the freehold interest
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.