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Stoke Newington Church Street, London Land for sale
Stoke Newington Church Street, London N16
£1,250,000
Stoke Newington Church Street, London N16
£1,250,000
Our Summary
- The front part is cleared for redevelopment fronting onto the exceptional desirable street thoroughfare
- We consider the site suitable for mixed use Re-development, potentially comprising of: •A single commercial unit (single fronted) across the ground floor
- Development Potential
Description
The property is a cleared site with a warehouse to the rear, fronting onto Newington Church Street, a desirable thoroughfare. The site is suitable for mixed-use redevelopment, with potential plans including a single commercial unit on the ground floor, a private mews house to the rear, and six private residential dwellings on the upper floors. The commercial unit could generate £25,000 per annum in rent, the mews house could sell for over £1.3 million, and the six apartments could sell for a total of £2.5 million. The property is being sold freehold, and the agent, Spencer James Residential, is a reputable estate agency with memberships in industry bodies such as ARLA, NAEA, and the Property Ombudsman.