2 bed block of flats 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

Mortgage and Conveyancing Assistance

If you require assistance with your mortgage or conveyancing, please speak with the K&O Estates team. We can introduce you to trusted professionals who can assist throughout the buying process.

For mortgage advice, we work closely with Planet Mortgages, who offer access to whole of market mortgage advice and can assist with residential mortgages, buy to let and HMO finance, bridging finance, commercial mortgages and development finance.

Clients referred through K&O Estates may also benefit from specially discounted fees, subject to the service required and the provider's applicable terms.

For residential mortgage clients, Planet Mortgages offer a one off lifetime broker fee, subject to their terms and conditions.

Please speak with a member of the K&O Estates team if you would like an introduction to a mortgage broker or conveyancer.

Referral Disclosure

K&O Estates may receive a referral fee or commission from third party service providers where a client chooses to use a service following an introduction from us. Any such referral arrangement does not affect your right to choose your own mortgage broker, conveyancer or other professional adviser. Further details of any applicable referral fee or commission are available upon request.

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.

If you require assistance with your mortgage or conveyancing, please speak with the K&O Estates team. We can introduce you to trusted professionals who can assist throughout the buying process.

For mortgage advice, we work closely with Planet Mortgages, who offer access to whole-of-market mortgage advice and can assist with residential mortgages, buy-to-let and HMO finance, bridging finance, commercial mortgages and development finance.

Clients referred through K&O Estates may also benefit from specially discounted fees, subject to the service required and the provider's applicable terms.

For residential mortgage clients, Planet Mortgages offer a one-off lifetime broker fee, subject to their terms and conditions.

Please speak with a member of the K&O Estates team if you would like an introduction to a mortgage broker or conveyancer.

K&O Estates may receive a referral fee or commission from third-party service providers where a client chooses to use a service following an introduction from us. Any such referral arrangement does not affect your right to choose your own mortgage broker, conveyancer or other professional adviser.

Further details of any applicable referral fee or commission are available upon request.

Property Misdescriptions Act 1991

These particulars are intended only as a general guide and do not form part of any offer or contract. All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.