Essex Road South, London E11

This property represents a strategic airspace development opportunity in Leyton, East London, complete with planning approval for the construction of five two-bedroom apartments, each approximately 70sqm. The total Gross Internal Area spans around 3701sq. ft. (344m2). Prospective buyers should be prepared for a Community Infrastructure Levy (CIL) liability estimated at £67,000, alongside additional costs of roughly £15,000 required from the purchaser. Given the planning reference Waltham Forest Council 241769 and market insights suggesting a gross development value (GDV) of £2 million post-completion, this site is ideal for developers looking to capitalize on Leyton's ongoing growth and livability. The area is rich in amenities such as shopping and dining along High Road Leyton and Francis Road, with excellent transport links nearby via Leyton Midland Road station and Leytonstone station providing quick access to Central London. Notable green spaces like Epping Forest and Hollow Ponds enhance the location's appeal. This long leasehold property presents an excellent investment avenue for developers ready to engage with local infrastructure enhancements.