The rising popularity of Waltham Forest was triggered by regeneration work in the lead up to the London 2012 Olympics. Since then projects have continued, breathing even more new life into the Borough. Several new proposals are in the pipe-line, including a newly revealed one by U+I. The property developers are aiming to turn the Equipment Works site into a mixed use development.
If successful in gaining planning permission U+I will create 337 new homes on the site as well as 18,830 square feet of commercial space. The project will transform the site, creating a new community in the area. It will also complement proposals for neighbouring areas such as The Standard and Ferry Way.
One aspect of the proposals that stands out in particular is the fact that the designs draw on the industrial heritage of the area. The site was home to an Associated Equipment Company factory from 1908 to 1927. Motorised London buses that preceded the iconic red Routemaster were manufactured on the site before making their way on to the capital’s roads.
It is hoped the regeneration will attract people to live in the area and draw in businesses too. The location is ideal. It is situated in north east London in Walthamstow, just a short distance from the reservoirs. Blackhorse Road station is just a short walk away, giving residents easy access to the Victoria Line and Overground. This accessibility will also be a benefit for businesses that set up in the area.
The new homes on the site could prove to be great investment opportunities, particularly with a premium on new builds and Waltham Forest proving to be immensely popular. At Finefair we can assist investors looking to purchase properties in the Borough. Our team have a wealth of experience and are always happy to share their knowledge.
One service we can offer is guaranteed rent in Waltham Forest. With it we guarantee the rental income for a property for a period of time, taking responsibility for finding tenants and ensuring they pay their rent in a timely manner. The service is well regarded and we have built a great reputation as a result.
If you would like to find more about investment properties or guaranteed rent in Waltham Forest please contact us.