Summary - Market Square, Waltham Abbey EN9 1DN
1 bed 1 bath Residential Development
Approved mixed‑use planning; large conversion potential for developers.
Town centre freehold in Market Square
A rare freehold opportunity in Waltham Abbey’s Market Square, offered with a guide price of £535,000–£550,000. The former bank building sits in the town centre and benefits from an approved planning application (subject to conditions) for mixed residential and commercial use — an attractive starting point for a developer or investor.
Internally the property presents as a large, flexible two‑storey commercial space with high ceilings, substantial glazing and a bright open plan ground floor. The shell is practical for conversion but requires comprehensive refurbishment: ceiling tiles and some fixtures are missing, the fit-out is dated and services will need updating to meet residential and modern commercial standards.
Practical positives include freehold tenure, fast broadband and excellent mobile signal, and no flood risk. Notable constraints are the small plot with limited external space and the site’s very high local crime level, which may affect lettability or resale value unless addressed through design and security measures. The approved planning application is conditional — purchasers should factor in remaining planning obligations and costs.
This property suits developers, builders, or investors looking for a central redevelopment project with planning progress already in place. With sympathetic refurbishment and attention to security and services, the building could deliver ground‑floor commercial presence with upper‑floor residential income in a busy market square location.
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