Development
properties
13 Clapton Common,
London E5 9AA
Offers in excess of £1,000,000
Freehold For Sale with Development Potential
In the same family ownership for over 50 years
Freehold
Unmodernised
Approximately 2,200sq.ft
Development potential subject to consents
Desirable Hackney Location
Offers in excess of £1,000,000
Useful links
Description
On the market for the first time in over 50 years, the existing property comprises of a substantial end of terrace house
of approximately 2,200sq.ft with large basement and loft. The property is currently arranged as two large flats with the first floor being self-contained and let to a protected tenant producing approximately £9,000p.a. The ground floor is not self-contained and currently vacant.
Location
The area offers a diverse community of local shops and businesses, situated in the ever increasingly popular Borough of Hackney. The property is in close proximity to the pleasant recreational spaces of both Clapton Common and Springfield Park.
Transport
The property is located within close proximity to several stations servicing the north London area including Clapton (0.6mi), Stamford Hill (0.7mi) and Stoke Newington (0.5mi) whilst the London Bus network ensures quick and easy access to the Underground Tube network.
Development Potential
Subject to vacant possession and planning permission the property offers significant potential to provide either a substantial family home or conversion to flats. Our clients have drawn up an indicative scheme to extend the property to approximately 3,100sq.ft and provide 5 flats.
Tenure
Freehold
VAT
We understand that VAT is not applicable.
Viewings
Strictly by appointment only via sole agents Highfield Investments.
Further Information
Information in regards to the protected tenancy and indicative scheme are available upon request.
Terms
Offers are invited in excess of £1,000,000 subject to the existing protected tenancy.
Buyers Note: Negotiations are at a very early stage with the protected tenant but the vendor will not entertain offers subject to vacant possession.
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.