Lodge Crescent, Waltham Cross EN8

This property presents a compelling development prospect, currently functioning as a courtyard with office space that has received planning permission for conversion into multiple residential units. The approved plans allow for the transformation into five two-bedroom apartments, five one-bedroom apartments, and a studio. Additionally, there is potential to expand further by adding an extra floor to create three more units, subject to obtaining the necessary planning approvals. Currently leased under short-term licenses, the offices generate approximately £70,000 per annum, providing an immediate income stream. The inclusion of seven garages enhances the site's development possibilities. Located in the desirable area of Broxbourne Eindhoven, close to both Waltham Cross and Enfield, this site is surrounded by amenities and offers excellent commuter links. Prospective buyers are encouraged to explore all avenues for expansion beyond the existing planning permissions.