Residential

A Residential Development Opportunity Comprising a Vacant Cleared Site Offered with Planning Permission to Erect Six Flats (5 x 2 Beds & 1 x 3 Beds).

Land at Golding Street, Shadwell, London, E1 1QH

Description

A Residential Development Opportunity Comprising a Vacant Cleared Site Offered with Planning Permission to Erect Six Flats (5 x 2 Beds & 1 x 3 Beds). Tenure: Freehold Location: The site is situated on Golding Street in the popular East London area of Shadwell a short walk from the shops and restaurants of Commercial Road. Transport links are provided Shadwell DLR and Shadwell rail station. VAT: VAT is not applicable Planning (2nd Column): Tower Hamlets Council granted the following planning permission on 7th April 2014 "Erection of a 6 storey building comprising five x two bedroom flats and one x three bedroom flat." Note (3rd Column): We understand there may be potential to achieve additional storeys to the current scheme in order to increase the number of residential units, subject to obtaining the necessary consents. The approved application is not subject to a Section 106 Agreement, however the purchaser will be liable for a Community Infrastructure Levy (CIL) to the sum of £16,611. Viewing Details: Open Site

Financial Tools

Your estimated monthly payment
£4,168.74/mo
Deposit £250,000 (25%) Loan £750,000 Interest £500,623
Total cost £1,250,623 Total interest £500,623
Property price£1,000,000
Deposit25%
£250,000
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

AUCTIONKEYS © 2026 Auctionkeys Ltd · Privacy · Terms · Bidder agreement