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COMMERCIAL

11 & 13 New Road, London, E1 1HE

£2,850,000
Havilands, London
PROPERTY TYPE

Residential Development

BEDROOMS

8

BATHROOMS

8

SIZE

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Key features

  • Unique Development Opportunity
  • Mixed Use, Commercial, Ground Floor Unit (Currently Empty) and Eight Self Contained One Bedroom Flats (Tenants In-Situ)
  • Two Basements with Scope for Development and Rear Elevation (STPP)
  • Being Sold with Freehold
  • Close to Whitechapel Station and Aldgate East Station
  • Moments from Queen Mary University of London, Whitechapel Campus and Royal London Hospital
  • Convenient for Access to Liverpool Street, Moorgate and Canary Wharf

Description

Havilands are delighted to present a RARE FREEHOLD MIXED-USE DEVELOPMENT OPPORTUNITY on New Road, E1.

This substantial property comprises: Ground floor commercial unit (currently vacant, offering strong rental potential). Eight self-contained one-bedroom flats arranged across four floors (all sold with tenants in situ, offering immediate income). Basement area with scope for development. Significant potential for further expansion to the rear elevation (subject to planning permission).
A detailed floorplan is available, including layouts of the commercial unit and an example one-bedroom flat.

Rental & Income Overview
Commercial Unit: Currently vacant, with rental potential of £20,000 – £25,000 per annum.
Two Basements: Estimated potential rental income of £35,000 – £50,000 per annum, subject to development.
One-Bedroom Flats: Currently let at below-market rental values, presenting considerable scope to increase returns.
Flat Sizes
Number 11: 1st Floor – 36.4 sqm | 2nd Floor – 36.4 sqm | 3rd Floor – 40.6 sqm
Number 13: Ground Floor | Flat 1 – 35.3 sqm | Ground Floor Flat 2 – 34.2 sqm | 1st Floor – 40.7 sqm | 2nd Floor – 40.7 sqm | 3rd Floor – 45.2 sqm

Combined Current Annual Income: £133,380
Potential Annual Income: £208,380
Location Highlights
The property benefits from excellent transport links, just a short walk to:
Whitechapel Station (Zone 2) – providing Crossrail/Elizabeth Line access.
Aldgate East Station (Zone 1) – for District and Hammersmith & City Lines.

Within close proximity to:
Queen Mary University of London, Whitechapel Campus, Royal London Hospital, Bustling amenities along Commercial Road, Easy access to Liverpool Street, Moorgate, and Canary Wharf.
This is an exceptional investment opportunity offering a blend of immediate rental income and significant development potential in one of East London’s most dynamic growth areas.

EPC Details:
11 New Road (Commercial): Current 73(C)
11A New Road (Residential): Current 61(D); Potential 82(B)

Brochures

11 & 13 New Road, London, E1 1HEBrochure

Energy Performance Certificates

EE Rating

11 & 13 New Road, London, E1 1HE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Whitechapel Station0.3 miles
  • Shadwell Station0.4 miles
  • Aldgate East Station0.4 miles
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About Havilands, London

30 The Green, Winchmore Hill, London, N21 1AY
Industry affiliations:

Havilands was established in 1977, almost 50 years ago.
We are experts in selling and renting homes in 6 London Postcodes: N21, N14, N13, EN1, EN2 and EN4. Our head office on the quaint village green at 30 The Green in Winchmore Hill, London N21.


As well as our 5* Google ratings and excellent testimonials (See our website) we are also winners of the secret shopping award; British Property Awards for 2021, 22 and 23.

As well as our extensive experience and work ethic, our main strength is our staff - a group of highly professional, genuinely caring individuals who take an interest in all clients, whether they are buying, selling or renting.

As a reflection of our professional status, Havilands also offers reassurance to its clients by being members of : NAEA, The Property Ombudsman, The Guild of Letting and Management (Member 478) and Client Money Protection (Scheme Ref C0007493).

If you need advice, or are thinking to buy, sell or rent a home in London N21, N14, N13, EN1, EN2 or EN4, we are looking forward to hear from you. Pass by, call us on 020 8886 6262 or visit our website at havilands.co.uk

Notes

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Disclaimer - Property reference 34146097. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Havilands, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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