Offers over
£2,500,000
(£145.16/sq. ft)
Land for saleSewardstone Road, Chingford E4
17,222 sq. ft
About this property
Development opportunity in Chingford, in the London Borough of Waltham Forest
A cleared site extending to 0.16 hectares (0.40 acres)
Planning permission for a scheme comprising a part 3,5 and 8 storey building
40 Residential apartments (9 affordable)
462 sqm of commercial space
For sale Freehold with vacant possession
The site is a trapezoid shape and extends to 0.16 hectares (0.4 acres). It formerly comprised a row of shops with flats above, now demolished.
The property is located within the administrative boundary of the London Borough of Waltham Forest. The site is not located in a Conservation Area and there are no locally listed or statutorily listed buildings within or adjacent to the site.
The site has planning permission (ref: 220957) for:
"Construction of a part 3, part 5 and part 8 storey building to facilitate 422.5 m2 of commercial floorspace on the ground, 40 flats above, 7 car parking spaces, including disabled persons' parking, to the rear and two communal gardens, with associated alterations to the public highway along Sewardstone Road, vehicular access from Laurel Gardens, landscaping, refuse/recycling and cycle storage facilities and service areas".
The site presents an opportunity to explore alternative uses taking advantage of its highly visible position and connectivity to London's road network. This could include EV Charging, retail, storage and hotel uses. The site is identified in the draft local plan as an allocation that would be suitable for uses including town centre uses.
Location:
The site is located in the London Borough of Waltham Forest, within the ChingfordGreen Ward, at the junction of Sewardstone Road (A112) and Kings Head Hill / LeaValley Road (A110). Lea Valley Road is the only significant road crossing the River Lea between the M25 and the North Circular Road (A406) and Sewardstone Road is a busy north-south arterial route. This area has been identified as a potential future DistrictCentre and gateway to the Borough.
The amenities of Chingford are c.1.2km to the east, with a broad range of retailers and bars, restaurants and cafes along Station Road (A1069). Epping Forest is 500 metres to the north east and offers a host of leisure activities and access to green open space.
Chingford London Overground Station is 1.6km to the east and provides direct service sin to the City at Liverpool Street (27 minutes) and to the West End with a change at Walthamstow Central for the Victoria Line (Oxford Circus 35 minutes). Ponders EndRail Station is 1.6km to the west and provides direct services in to Liverpool Street (20minutes). Ponders End Station is included on the proposed Cross rail 2 route.
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