Blackhorse Lane in Walthamstow, Waltham Forest, has a very interesting commercial history. Before the Second World War the area was full of workshops where small businesses made a huge array of different products, from dolls houses to picture frames and even carbonated drinks. This gave the area a wonderful creative atmosphere.
During WWII the area was heavily affected by bombs. This destroyed a number of the business premises and affected the infrastructure. The district ultimately became home to an industrial zone. With a big shift in technology though, a lot of this activity has since ceased.
Fortunately there is light at the end of the tunnel. A brand new masterplan for the area, the Blackhorse Lane Action Plan, sets out ambitious goals. It could see the creation of 2,500 new homes and a return of the workshops that previously called the area home. It is hoped these will attract the next generation of entrepreneurs, particularly creative businesses.
Waltham Forest has enjoyed stronger growth in house prices in the last five years than any other Borough in the capital according to CBRE. This is driven by very high demand for homes. As a result more developers are looking for sites where they can build. Fortunately Blackhorse Lane has plenty of land to offer. This makes it ideal for regeneration.
The wave of homes to be created would include options for a variety of needs. For example it is believed that properties for rent will be available very soon. These could be joined by homes for shared ownership, sale, and even student housing too.
The regeneration of Blackhorse Lane will be fantastic and bring new life to an area that is renowned for being largely industrial. It is a good bet that the homes will be very attractive to all kinds of buyers and renters alike, especially with the popularity of the area continuing to rise.
At Finefair we provide a selection of services specifically for investors interested in domestic properties. We deal with private lettings but also stand out as the best team for council leasing Waltham Forest has to offer. As a result we can provide the right service for each client.
If you would like to find out more about what we can offer please get in touch. We understand how important your investments are and will offer all of the support we can.
