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Hackney Grove & Vernon Hall, Florfield Passage, London Fields, E8

£2,250,000
Fyfe McDade Limited, Shoreditch
PROPERTY TYPE

Land

SIZE

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Key features

  • Consented 8-unit Residential Scheme
  • London Fields Development Opportunity
  • 6,550 sqft Residential NIA
  • 2 x 1-bed, 5 x 2-bed & 1 x 3-bed duplex
  • Part Conversion/Extension and Part New-Build
  • Estimated GDV & Comparable Evidence Available Upon Request

Description

A prime consented residential development opportunity for 8 self-contained apartments, situated in the heart of London Fields, one of Hackney and East London’s most sought-after residential locations.

Planning permission (ref. 2025/2759) has been granted for a part conversion/extension and part new-build scheme, providing approximately 6,550 sq ft (608.5 sq m) of residential accommodation, together with approximately 909 sq ft (84.4 sq m) of private amenity space. The existing buildings provide approximately 4,200 sq ft (390 sq m) of gross internal space.

The consented scheme comprises two one-bedroom apartments, five two-bedroom apartments and one three-bedroom duplex, combining the retention and extension of the existing building at 21–23 Hackney Grove with a new-build element fronting Florfield Passage. The approved scheme is car-free and includes cycle parking and refuse storage.

Planning obligations include an Affordable Housing Contribution of £400,000, Carbon Offsetting Payment of £15,774, Construction Management Plan fee of £2,200 and S106 monitoring fees of £7,448.70. The seller will be responsible for the Council’s legal fees.

The property occupies a desirable London Fields location, within easy reach of the area’s independent shops, cafés, restaurants and green spaces. Broadway Market and Mare Street are close by, with Hackney Central nearby, providing excellent connectivity across East and Central London.

Estimated GDV, comparable evidence, planning drawings and further information are available upon request.

Hackney Grove & Vernon Hall, Florfield Passage, London Fields, E8

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hackney Central Station0.2 miles
  • London Fields Station0.3 miles
  • Hackney Downs Station0.3 miles

About Fyfe McDade Limited, Shoreditch

1 Charlotte Road, London, EC2A 3DH
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

With two central London offices in Bloomsbury and Shoreditch, Fyfe Mcdade offers a stand out and bespoke service, incorporating innovative marketing initiatives designed to achieve maximum exposure for your property.

Our staff are cherry picked as much for their property experience as their diverse backgrounds in other sectors. With combined experience in estate agency and residential development, we are experts in the marketing, sale and letting of exciting, newly built or converted properties as well as established homes in our areas.

It is a mandatory requirement for a Sales or Lettings Agent to be part of a redress scheme, Fyfe Mcdade has membership with The Property Ombudsman (a government approved redress scheme). It is also a mandatory requirement for a Lettings Agent to be part of a Client Money Protection Scheme, Fyfe Mcdade has membership with Propertymark (a government approved client money protection provider).

Notes

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