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High Road, Wormley, EN10

London

£450,000

Listed on 01/04/2026

Property details

Bedrooms
N/A
Type
Shop
Area
686 sqft

Description

This freehold mixed-use property presents a compelling investment opportunity in Broxbourne, featuring a Class E commercial space on the ground floor and a separate two-bedroom flat located above. Positioned on the High Road, the property benefits from excellent visibility and accessibility, making it suitable for various business types such as retail, office spaces, clinics, wellness centres, or leisure facilities. The ground floor is currently set up with a reception area and several treatment rooms but offers significant potential for reconfiguration to create a more open layout or smaller commercial unit based on your preferences. The first floor flat is undergoing refurbishment and boasts independent access from the main road, enhancing its rental income prospects or providing flexibility for owner-occupiers. Additionally, there are possibilities for further development of the ground floor space to incorporate a residential studio, subject to obtaining necessary planning permissions. The property also includes a courtyard garden and forecourt area along with nearby roadside parking. Its prime location near local amenities—including medical facilities and retail options—coupled with proximity to Broxbourne station ensures convenient links to London Liverpool Street. This versatile property is ideal for investors or developers looking to capitalize on its significant asset management potential.

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Investment analysis

(EN10 area)

Above Market Value

This property is priced +43.5% above area average per sq ft

+43.5%
This Property
£656/sq ft
Area Average
£457/sq ft
Avg Rent (weekly)
£372
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£344,890
10% above area average per sq ft
Potential ROI
-32.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EN10)

Area prices are falling by -7.6% over the last 12 months
3 year growth: -3.4%
5 year growth: +1.9%
Investment Disclaimer: Analysis based on EN10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Road, Wormley, EN10
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-5.3% since listed
£450,000£25,000(-5.3%)
11/05/2026
Current price
£475,000Initial listing
01/04/2026

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