Freehold development land

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

Savills hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

Savills' record

About the lot

Freehold land lot in North Woolwich. Offered vacant, so there's no income from day one.

Freehold development land occupying a prominent corner location comprising approx 0.1 acres (0.04 hectares). Lapsed planning for 8 apartments, office space and parking, with further development potential for various different schemes (subject to consents). Vacant. Freehold development land. Approx 0.1 acres (0.04 hectares). Development potential for various different schemes (subject to consents). Formerly the California Arms Public House, which has since been demolished. Lapsed planning for 8 apartments, office space and parking. Cleared site. Prominent corner location. Vacant. Freehold development land occupying a prominent corner location comprising approx 0.1 acres (0.04 hectares). Lapsed planning for 8 apartments, office space and parking, with further development potential for various different schemes (subject to consents). Vacant. Tenancy: Vacant. Tenure: Freehold. The site is located on the north side of Albert Road in North Woolwich, within the London Borough of Newham and the wider Royal Docks area. The surrounding neighbourhood comprises a mix of established residential development, local amenities and open spaces, with the Royal Docks and Woolwich situated nearby.