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Spratts Factory, 2 Fawe Street, London, E14

Share of Freehold

Sold - £1,250,000

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Flat Apartment

3 Bedrooms

2 Bathrooms

Balcony

3380 sqft

Arrange a viewingor call +44 (0)20 3176 1270
Brochure

Steeped in history, set within the former Spratt’s factory, this expansive and unique Victorian warehouse conversion spans 3380sqft with double height ceilings throughout and retains many of the original features, making this rare space a creative, or architect's dream!

Benefiting from a share of the freehold, the property is currently configured as a spacious 3 bedroom apartment with huge artist’s studio, separate study space, open plan kitchen living room, family bathroom, and a further studio with self-contained kitchenette and shower room at the front of the property (circa 885sqft) with the potential to earn extra monthly income if rented out. Since all the internal walls are stud walls the property has immense potential and could easily be re-configured to suit the new purchaser; it could be a 5+ bedroom apartment, a mezannine level could be installed, with almost 3,400 sqft to play with, the possibilities are endless! You enter through a beautiful teak double door and are greeted with impressive 12ft high ceilings, exposed brickwork and Crittall windows - these plentiful features surprise and impress throughout the vast space. Set within a gated development, Block B is one of six imposing red-brick warehouses set around a collection of courtyards.. Built circa 1880 by James Spratt, the Spratt’s factory was once the largest dog biscuit factory in the world. Converted by artists in the 1980s and long since the factory first closed, these striking East London homes remain a hub of creativity with a thriving community of artists, sculptors and musicians still living and working there today. Indeed, the current owner is an artist and resident of Fawe Street for over 37 years, who has relished using the rear of the property (approx. 850sqft) as a working studio since it boasts great natural light and volumes, with an east and west aspect, and practical and original stone flooring. The artist’s studio also enjoys a sunny west facing balcony (and fire escape). Block B has its own gated entrance and benefits from a charming and picturesque communal garden. Parking is available via on street permit parking from the council, but you could also rent a space within the development as the current owners do.

Set within the Langdon Park conservation area on Fawe Street, the property is located moments from the Limehouse Cut (London’s oldest canal), with the canal path running to Limehouse in one direction and Bromley-by-Bow in the other. Langdon Park DLR station is within 5 or so minutes’ walk and allows for easy access to the shops and restaurants of Canary Wharf, Stratford and The City. The nearby 108 bus takes you straight into Lewisham or Stratford and the 309 connects you to Canning Town and Bethnal Green.

Offers In Excess Of: £1,250,000Tenure: Share of FreeholdCouncil Tax Band: F (London Borough of Tower Hamlets)Tenure: Share of Freehold (993 years)Service Charge: £1,980 per yearCouncil Tax: TBCStudio is achieving £1500 pcm atm, all bills inclusive. Current market value somewhere around £2000 pcm.

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