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Prime Development Site Leyton London E10

Identified in the Northern Olympic Fringe Master Plan as suitable for redevelopment


Land adjacent to 132 Dunedin Road,  Leyton, 
LONDON E10 5NL


Under offer Available to buy freehold
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Offers in excess of £2,000,000 subject to contract

Site area: 3885.0 sq.m. (41817 sq.ft.)

The subject site is prominently located on the north side and interesection of Orient Way A1006 and Ruckholt Road A106 with vehicular access from Dunedin Road. Ruckholt Road is the primary thoroughfare into the borough and connects Leyton to the London 2012 Olympic Park which is only 750 metres to the south of the site.

The site is excellently served for the public transport network with main bus routes available and Leyton Underground station (Central Line) is just 500 metres to the east with a journey time to Liverpool Street of only 15 minutes.

Stratford Regional and Stratford International stations are approximately a mile to the south with access to the Central Line (links to the north-east to Epping and to the west to Ealing via London), Jubilee Line (routes through London via Canary Wharf, London Bridge & Waterloo), London Overground - North London Line and Docklands Light Railway (serving Beckton and Woolwich Arsenal, Docklands, Greenwich and Lewisham). National Rail service destinations from Stratford Regional station include East Anglia, north-east London and Liverpool Street. Other destinations served include Shenfield, Stansted, Norwich and Harwich Town.

Stratford International has high speed services connecting directly to London St Pancras (for the Eurostar) and stations in Kent via the high speed rail line. Eurostar are due to review stopping at Stratford Station after the 2012 Olympics.

Comprehensive main road networks provide easy links to Central London, High Road Leytonstone A11, East Cross Route A12, A13, High Road Leyton A112, M11 and M25 motorways.

The newly opened Westfield Stratford City shopping centre is within walking distance to the south being one of the largest urban shopping centres in Europe comprising 175,000 square metres of retail floor space with 224 stores as well as Vue Cinema complex. Westfield Stratford City is adjacent to the London Olympic Park, Stratford Regional and Stratford International stations. Leyton Town Centre provides more localised shopping facilities within short walking distance.


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Description:

This strategic 'Olympic & Leyton Gateway' site extends to approximately 1 acre located prominently on the north side and intersection of Orient Way and Ruckholt Road. The site is identified in the Northern Olympic Fringe Master Plan as suitable for redevelopment. The property is shown on the site plan edged 'green'.

The history of use of the site is for open storage including vehicles and siting of a mobile home. Immediately to the north of the site are allotment gardens.

The subject site edged 'green' has an approximate area of 1 acre and based on the site capacity indicated by the resolution to grant Planning Permission for the adjacent Glyn Hopkin site would accommodate a minimum of 73 dwellings (circa 216 habitable rooms) in a mix of 1, 2, 3, and 4 bedroom units subject to planning permission. It is considered that at the west end of the site a 14 storey tower could be accommodated which would bring the total achievable capacity to over 300 habitable rooms.

Planning consent was granted for the proposed redevelopment of the Glyn Hopkin site (200 metres to the east and shown on the site plan edged 'red') by Waltham Forest Council's planning committee on 4th October 2011. They recognised the strategic importance of delivery of this landmark residential and mixed use scheme, in a 'Gateway' location key to the regeneration of Leyton and environs.  The approved scheme comprises 116 units including 106 apartments and 10 houses together with 1,000 square metres of artist studio workspaces. Please search under 'Ruckholt Road' or reference '18067' on our website for full details.


  • High rise development opportunity
  • Potential development capacity of over 300 habitable rooms
  • London 2012 Olympic Park 750 metres to the south
  • Strategic and landmark position
  • Subject to planning offers considered

Accommodation:
Site area: 3885.0 sq.m. (41817 sq.ft. / 0.96 acres)  comprising:

Site Area3885.00 sq.m / 41817 sq.ft

Terms:
Freehold for sale with full vacant possession - Offers in excess of £2m
Service charge:
-
Legal fees:
Each party bears own legal fees
Local authority:
London Borough of Waltham Forest
Viewings:
By prior appointment with Gilmartin Ley, telephone 020 8882 0111 - Click here for Enquiries
Reference:
20824    Updated: 07 May 2013
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