Guide price £15,000,000

Becketts House & 1-3 Caxton PlaceIlford, IG1 2DA

  • Sold

Key features

  • Prior Approval application submitted, comprising 108 residential private units
  • Total proposed saleable area of 4,590 sq m (49,406 sq ft)
  • Benefits from a total income of £732,064 per annum
  • Total site extends to 0.27 hectares (0.66 acres)
  • Existing office accommodation, circa 4,942 sq m (53,192 sq ft) NIA
  • Potential for additional massing, subject to necessary consents
  • For sale freehold with tenants in situ, subject to the current leases

A rare East London Office to Residential Conversion Opportunity with Existing Income

About this property

  • Becketts House and 1-3 Caxton Place are two office buildings situated on the south side of Ilford Hill set across a site approximately 0.27 hectares (0.66 acres) in size. To the west of the site is the River Roding and to the south, Roden Street. To the east is Ilford Quarter, a development site which is currently under construction and to the north is Ilford Hill.

Local information

  • Ilford is a rapidly evolving East London town which has seen significant redevelopment in recent years following the success of the nearby Olympic Park redevelopment in Stratford, and since being named as a station on the new Elizabeth (Crossrail) train line.

Additional information

  • A Prior Approval planning application has been submitted, comprising 108 private residential units (57 x Studios, 47 x 1-beds and 4 x 2-beds)