Summary

Property Type Development / Investment / Other / Residential
Tenure For Sale
Size 8,475 sq ft
Price Price on application
EPC Rating This property has been set as EPC exempt.
Reason: Due for demolition
  • Planning permission granted
  • 8 self-contained residential dwellings
  • Estimated GDV: £6.475m
  • Mix of studio, 1, 2 and 3-bedroom accommodation
  • Walking distance to Broadway Market
  • 5 minutes walk to Hackney Central overground station

About

A highly attractive residential development opportunity comprising 23 Hackney Grove and Vernon Hall, benefiting from planning permission under reference 2025/2759, dated 26 May 2026, for the creation of 8 self-contained residential dwellings within an established and highly sought-after Hackney location.

Location

Located in Hackney, the property benefits from an established residential setting with excellent access to the area's extensive range of shops, restaurants, cafés, leisure facilities and cultural amenities. The location provides strong connectivity to central London and the wider East London market, with London Fields, Hackney Central, Mare Street, Broadway Market and the surrounding Shoreditch area all readily accessible.

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23 Hackney Grove - 2310-P150-S2-P0-Lower Ground Floor Plan - Proposed.jpg

Further Information

  • Planning & Development

    The consented scheme provides approximately 608.5 sq m (6,550 sq ft) of residential NIA, together with approximately 84.4 sq m (909 sq ft) of private amenity space. The proposed development has an estimated GDV of approximately £6.475 million, subject to market conditions and purchaser due diligence.

    The approved scheme is car-free and incorporates dedicated cycle parking and refuse storage. The planning drawings illustrate a new-build element rising to part four storeys, together with the retained and extended existing building. The purchaser will be required to comply with the planning permission and associated obligations. Current revised Heads of Terms identify the following:

    Affordable Housing Contribution: £400,000
    Carbon Offsetting Payment: £15,774
    Construction Management Plan Fee: £2,200
    S106 Monitoring Fees: £7,448.70
    Council's legal fees: payable by the purchaser

    The above figures are provided for information and interested parties should satisfy themselves as to the precise obligations, payment triggers and terms contained within the final planning documentation and Section 106 agreement.