Translated:
is delighted to present an exclusive off-market opportunity for discerning investors. This is a rare opportunity to acquire a prime development site with full planning permission for a 21-storey residential tower in Poplar, East London, E14. The site is situated on a quayside alongside the River Lea, offering unobstructed river views and significant development potential in a rapidly regenerating area.
Key Points: Planning Permission: The site has full permission for the construction of a 13-21 storey tower, comprising 133 residential units and 351m2 of flexible commercial space on the ground floor.
Location: The property is situated in a mainly industrial area with direct frontage to the River Lea, just 0.1 mile from the A12 and close to major transport links.
Development Potential: The scheme is designed to be the highest in the River Lea Regeneration Area, with 133 units, including 31 affordable homes. The Gross Development Value (GDV) is estimated at approximately £54.26 million.
Market Opportunity: With a 2020 valuation of £14 million, the vendor is seeking offers in excess of £10 million, providing an investment opportunity with significant capital appreciation potential.
Strategic Location: Neighbouring developments, including a major project by a Chinese real estate company, underline the strategic importance of this area for future growth.
Investment Summary: Site Area: 0.18 hectares
Proposed Area: 8,486 m2 (Net Leasable Area)
Development Costs: Estimated at £2,012 per square metre
Market Rent on Completion: £2.595 million per annum
Planning Reference: 19/01481/FUL
This offering is confidential; as such, all interested parties will be required to sign a Non-Disclosure Agreement (NDA) before any additional information can be disclosed.
Contact Us: For more information and to arrange a private viewing, please contact . This opportunity is strictly off-market, and we are committed to maintaining the confidentiality of this exclusive listing.
Note: Please ensure that all communications regarding this property are kept confidential and conducted through authorized channels.
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