Development Project
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Development Project: 665 Barking Road, Plaistow, London, E13 9EX Purchase Price: £600,000 Plot of Land with Development Potential, STPP 217 High Street North East Ham London E6 1JG 020 8472 9090 Development Project: 665 Barking Road, Plaistow, London, E13 9EX Location The property is located in East Ham, Zone 3 London. The closest station is Upton Park (0.5 miles, 10 minute walk) with the Hammersmith and City and District lines running regular services into the Centre of London. The road links Canning Town with Upminster. Barking road comprises of mainly residential premises with some commercial. West Ham station is situated in close proximity. Local Development Plans Silvertown Quays - Thousands of new jobs and homes are set to be created in a £3.5 billion regeneration of Silvertown Quays after Newham Council agreed in principle to grant outline planning permission for the scheme on April 21st 2015. Up to 20,700 new jobs and 3,000 new homes – including affordable housing – will be created under the scheme backed by the council’s Strategic Development Committee. The major ten year regeneration project of the 62 acre site in the Royal Docks will be led by The Silvertown Partnership (TSP). It is hoped that once complete it will attract around 13 million visitors a year from across the country and abroad, providing a £33 million a year boost to the local economy and adding around £260 million to the overall London economy. The scheme will see up to 179,000 square metres of office space and 222,000 square metres of brand units – showcasing, displaying and promoting a range of brands –developed along with homes and restaurants. A school will also be built on the site. West Ham Station Regeneration - West Ham will turn their historic Upton Park stadium into a 700-home East End “village” once they complete their relocation to the Olympic Stadium, home games set to take place in the Stratford area from the 2016-17 season. The new village will take about two and a half year to build and is expected to be completed by the end of 2018. Description Currently the premises consists of a four bedroom house with three receptions, fitted kitchen and bathrooms with land to the side and rear. Purchase Price Vendor is seeking unconditional offers in the region of £600,000 (six hundred thousand pounds) for the freehold interest. Contact Contact: Christopher Wojnicki Oakville Real Estates, 217 High Street North, East Ham, London, E6 1JG 020 8472 9090 [email protected] www.ore.uk.com Disclaimer Misrepresentation act 1967. Unfair Contract Terms Act 1977. The Property Misdescriptions Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any representation or fact upon which any person is entitled to rely. Neither the agent nor any person in their employ has any authority to make or give any representation or warranty whatsoever in relation to the property. Interested parties are encouraged to conduct their own due diligence and their responsibility to assess the viability of the project. April 2015. Established in 1995, Oakville Real Estate has developed a fine-tuned and successful commercial and residential property service in London. This Established in 1995, Oakville Real Estate has developed a fine-tuned and successful commercial and residential property service in London. This family-run company that has strong internal bonds and foundations and this solidarity and loyalty is passed on to all our clients. At ORE our customers are not sales quotas; you will receive a truly personalised service, which you deserve. “At ORE, our Self-improvement is highly important to us. We believe that enough is never enough, and as such, we are constantly updating our systems and re-training our customers staff with the relevant skills and education to best serve our clients. are not sales Our services not only includes property agency but also residential and commercial acquisitions, whether that be on the open market or closed bidding formats. quotas” Ishbir Rakhra Senior Director 217 High Street North East Ham London E6 1JG 020 8472 9090 .