Summary - 723, ROMFORD ROAD E12 5AW
1 bed 1 bath Land
**Standout Features:**
- Prime mixed-use development opportunity
- High visibility on bustling Romford Road (A118)
- Excellent transport links, including proximity to Manor Park Station
- Freehold investment with current commercial lease generating revenue
- Substantial plot size (11,280 sq ft) with planning potential for residential and commercial schemes
- Located in an urban area undergoing regeneration
**Concerns:**
- High crime rate
- Requires renovation and redevelopment
- Deprivation in the immediate area
This exceptional freehold property at 723-729 Romford Road, E12 5AW, presents a prime opportunity for savvy investors or developers looking to capitalize on East London’s vibrant regeneration. Spanning an impressive 11,280 square feet in a busy urban setting, this mixed-use site offers high visibility and excellent transport connections, just a short walk from Manor Park Station. With a current commercial lease in place, generating an annual rent of £29,000, the property not only promises immediate income but also significant potential for future redevelopment into residential or mixed-use spaces.
Imagine creating a dynamic community hub or residential oasis in an area rich with diverse amenities, from educational institutions to local eateries. However, the property does require renovation, and potential buyers should be mindful of the surrounding socio-economic challenges, including a higher crime rate and local deprivation. This is a unique chance to invest in a property ripe for development in a sought-after location with ongoing regeneration. Don't miss out on the opportunity to shape this promising site!
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