2 bed flat for sale

Commercial Road, Stepney Green, London E1

K&O Estates are pleased to offer for sale this mixed use property situated on Commercial Road, comprising a ground-floor commercial unit with residential accommodation arranged over the upper floors.

The existing upper accommodation comprises two bedrooms together with living, kitchen and bathroom facilities.

The property currently benefits from permission for alterations including a rear extension, presenting an opportunity for an incoming purchaser to enhance and reconfigure the existing accommodation. The proposed plans retain the commercial premises at ground-floor level with residential accommodation above.

In addition to the existing permission, the property may offer further potential for redevelopment or reconfiguration of the upper parts, including possible use as an HMO or conversion into self-contained residential flats.

The surrounding area contains a variety of residential configurations and mixed-use developments; however, purchasers should make their own enquiries regarding comparable permissions and the feasibility of any proposed scheme.

Any HMO use, subdivision into self-contained flats, change of use, extension or other redevelopment would be strictly subject to obtaining all necessary planning permissions, property/HMO licensing, building regulations approval and any other statutory or third-party consents required.

• Mixed-use commercial and residential property

• Ground-floor commercial premises

• Existing two-bedroom residential accommodation above

• Existing permission for alterations including a rear extension

• Further redevelopment and reconfiguration potential

• Potential HMO use, subject to planning and licensing

• Potential conversion into self-contained flats, subject to planning

• Opportunity to add value and maximise the upper accommodation

• Commercial Road, E1 location

• Suitable for investors, developers and owner-occupiers

These particulars are intended as a general guide only and do not constitute, nor form part of, any offer or contract. K&O Estates has not tested any services, equipment, fixtures or fittings and cannot verify that they are in working order or fit for purpose.

All measurements, floor areas, distances and other information are approximate and should not be relied upon as statements or representations of fact. Prospective purchasers should satisfy themselves as to the accuracy of all information provided through their own inspection, surveyor, solicitor and other professional advisers.

Any reference to development potential, extensions, conversion, HMO use, self-contained flats, additional residential units or alternative uses is for guidance only and should not be interpreted as confirmation that such development or use is permitted or that the necessary permissions will be granted.

Any proposed development or alternative use is subject to all necessary planning permissions, licences, building regulations approval and any other statutory, legal or third-party consents. Prospective purchasers are advised to make their own enquiries with the relevant local authority and professional advisers before committing to a purchase.