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    Key features

    • To be offered on Wednesday 24 July
    • Airspace
    • Development opportunity
    • Planning approved for a roof extension for create 17 Private Duplex Penthouses made up of 9x2bed and 8 x1beds
    • Planning Ref: 21/00167/PRNSDB
    • Popular location
    • Views across the city including the Shard, Gherkin and the city, and the Olympic Stadium.

    Description

    A rooftop development opportunity with planning permission granted to create a total of 17 Private Duplex Penthouses made up of 9x2beds and 8 x1beds.

    The site is well located for the shopping and recreational amenities of Stratford and Hackney Wick.

    Additional information

    Tenure

    Long Leasehold - A new 999 year leasehold interest will be granted from and including the date of completion

    Accommodation

    17 Private Duplex Penthouses made up of 9x2beds and 8 x1beds

    New floorspace created approximately 1,438.76 sq m.

    Planning

    London Borough of Newham Council

    Planning ref: 21/00167/PRNSDB

    Description: Prior Approval for the proposed two-story extension to the topmost storey to create 17 new residential units

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    We understand from the seller that Telford Homes are about to start remediation works on the building which will take circa 25 weeks and will provide a new EWS1 certificate

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Approximately 16 min walk along the Canal to Hackney Wick 10 min walk to Stratford station (Central Line, Elizabeth, Jubilee Line, DLR, Overgound, National Rail) and Westfield shopping centre the open green spaces of 20 min walk to Victoria Park are also approximately 20 minutes away.

      Transport
      • Pudding Mill Lane station (0.29 miles)
      • Stratford High Street station (0.33 miles)
      • Stratford (Central Line, Elizabeth, Jubilee Line, DLR, Overground, National Rail) (0.4 miles)

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums