Development Properties: 14-20 Alie Street, London, E1

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14-20 Alie Street, London, E1

OIEO £1,050,000 subject to contract

  • The property is ideally located on Alie Street in Central London with access to an abundance of shops, restaurants and other local amenities.
  • The City of London can be easily reached on foot within 5 minutes.
  • There are excellent rail links close by to the property including:

    Aldgate (Circle & Metropolitan lines) – 4 min walk
    Aldgate East (District & Hammersmith and City lines) – 5 min walk
    Fenchurch Street (National Rail services towards Southend ) – 8 min walk
  • The apartments will offer stunning views of landmark buildings such as the 'Gherkin' and the 'Walkie Talkie' building.
  • The property was granted planning permission in 2016 (PA/15/02943/A1) for the:        

    ‘Erection of 1 additional storey to provide 3 apartments (1 x 1 bedroom and 2 x 2 bedroom)’
  • NIA - 2,390 sq ft.
  • This opportunity also benefits from achieving a ground rent income of £7,000 per annum from the apartments situated in the existing building.