This property presents a noteworthy renovation and investment opportunity, situated at a strategic corner of Johnston Road and High Road in Woodford Green (A104). The area is characterized by a diverse mix of shops, restaurants, offices, and residential flats, contributing to a vibrant community atmosphere. Accessibility is enhanced by the proximity to Woodford Underground Station on the Central Line, providing easy transport links into Central London. The location also offers convenient access to major road networks including Junction 26 of the M25 and the North Circular Road (A406).
The subject of this offering is the vacant loft space atop a commercial building that houses various shops and office spaces. This loft area spans approximately 2,605 sq ft (242 sq m) and holds significant potential for conversion. Planning consent has been granted (Ref no 0513/22) for transforming this space into three self-contained apartments—comprising one one-bedroom unit and two two-bedroom units—complete with balconies or terraces, amenity space, landscaping features, as well as provisions for cycle storage and refuse management.
Detailed plans indicate that upon completion, the apartments will cover areas of approximately 517 sq ft (48 sq m) for Flat A, 667 sq ft (62 sq m) for Flat B, and 786 sq ft (73 sq m) for Flat C. This redevelopment not only promises to enhance residential offerings in a sought-after locale but also represents a compelling opportunity for capital growth in an increasingly desirable market.
The property is available via long lease along with the benefit of the existing planning consent. Given its prime position in a thriving neighborhood combined with the potential for high-quality residential development, this property warrants serious consideration from investors looking to expand their portfolio in Woodford Green. For further inquiries or viewings, please reach out directly to Clarke Hillyer.