Nestled just off Hackney Road, this freehold development site presents a significant opportunity for those looking to invest in East London real estate. Located between the vibrant areas of Shoreditch and London Fields, this site comes with full planning permission for a contemporary four-bedroom townhouse spanning approximately 1,194 sq ft across three levels: lower ground, upper ground, and first floor. The approved plans include a spacious open-plan living area with kitchen and dining space, alongside four bedrooms and a utility room designed to optimize natural light and privacy.
The enclosed plot is easily accessed through a gated entrance from Teesdale Close, leading directly onto the designated building area. A standout feature of the design is the inclusion of a private terrace on the first floor, complete with sliding glass doors that open to outdoor space—an amenity that's particularly rare in this bustling part of East London. Initial groundwork has commenced post-approval, with documentation available from building control confirming compliance.
This opportunity is ideal for an ambitious self-builder or developer interested in creating a bespoke home tailored to modern standards. The vendor has settled all obligations under the Section 106 Agreement, eliminating any additional liabilities for buyers. For prospective self-builders, there may be potential relief from Community Infrastructure Levy (CIL), which currently stands at £25,431.78; it’s advisable for interested parties to conduct their own due diligence regarding eligibility.
The location is not only well-connected but also brimming with cultural highlights such as Columbia Road Flower Market and Broadway Market. London Fields offers recreational opportunities including cricket pitches and swimming at the renowned Lido. With various transport links nearby—including Cambridge Heath Overground and Bethnal Green stations—this site stands out as an attractive investment in one of London's most dynamic neighborhoods.
