0 bed (for sale) 16 Prescot Street, Whitechapel, London E1

£5,000,000
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Allsop LLP
33 Wigmore Street, West End, London
020 3641 1750
First Published

27th Nov 2019

Last Published

2nd Dec 2019

 

Features

  • Type:
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Key FeaturesLot 39 for sale by auction on 17/12/2019Former Magistrates Office currently used as a Restaurant with Residential Accommodation aboveFour Floors extending (nia) to a total of approximately 815 sq m (8,772 sq ft) with Rear GardenExisting Ancillary Residential Use on Second Floor used by the restaurant's staff Possible potential for Change of Use, subject to consentsHighly Reversionary Development OpportunityNumber of shops, bars and restaurants in close proximity
Key LocationsThe property is situated on the south side of Prescot Street to the west of its junction with Leman StreetLeman Street (A1202) leads onto the A10 which in turn provides direct access onto the M25 motorway (junction 25)A number of shops and facilities are available along Aldgate High Street to the north Spitalfields market is situated 0.6 miles northAldgate East underground station (District and Hammersmith & City Lines) is situated 0.3 miles northLondon Fenchurch station is situated 0.4 miles westSwedenborg Gardens and Rope Walk Gardens are within easy reach
ViewingsViewings will take place every Monday and Wednesday between 4.00pm – 4.45pm. These are open viewing times with no need to register. (Ref. Re/jwb)

 

Local info for E1

 

Property Value Data/Graphs for E1

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 80% £706,505 1.8 1.1
Studio 6.4% £556,716 0 0.8
Maisonette 4.3% £532,197 3 0.9
Other 4.2% £823,908 2.5 1
Terraced house 3.2% £1,066,822 3.6 1.5
End terrace house 0.8% £1,006,875 3.1 1.3
Town house 0.5% £2,569,800 4.6 2.4
Semi-detached house 0.2% £1,475,000 3.5 2.5
Block of flats 0.2% £1,500,000 0 0
Parking/garage 0.2% £52,500 0 0
Cottage 0.1% £1,899,950 4 2

Area Information

Average Price Paid

£606,218

Sales

6037

Current Average Value

£720,079

Value Change

£113,861 18.8%

 

Current Asking Prices in E1 Average: £720,079

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £694,583 (12) £687,690 (26) £1,106,880 (25) £1,353,757 (21) £1,692,400 (5)
Flats £561,452 (327) £741,259 (388) £904,776 (139) £528,375 (16) £717,415 (12)
All £566,165 (339) £737,894 (414) £935,584 (164) £996,835 (37) £1,004,176 (17)

Nearby Properties

3 bed Flat () Portland Place, London W1B £2,100,000
2 bed Flat () Mill Hill Road, London W3 £500,000
2 bed Flat () Mill Hill Road, London W3 £499,950
2 bed Flat () Gloucester Terrace, London W2 £1,150,000
2 bed Flat () Mill Hill Road, London W3 £599,000
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