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London
£400,000
Listed on 22/08/2026
Listed on 22/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This plot of land offers a unique opportunity with full planning permission to build a four-bedroom townhouse, which could be appealing in the vibrant area of Bethnal Green. However, the absence of usable floor area and photographs limits the ability to assess the true potential of this development, leading to a lower opportunity score. While the location boasts a rich cultural scene and access to green spaces, the asking price of £400,000 does seem steep compared to the local average sale price, which may challenge the economics of this investment.
The fundamentals show promise with the potential for a spacious townhouse and the freehold tenure, but the missing information about the existing structure and renovation costs creates uncertainty. Despite these challenges, the location's ongoing regeneration and popularity may yield long-term benefits for the right buyer willing to navigate the risks associated with this project.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
Indicative tax based on the asking price and the options you select.
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