Summary - 218 FLAT CHINGFORD ROAD LONDON E17 5AL
2 bed 1 bath Not Specified
Income‑producing shop and spacious flat with loft extension potential.
Freehold mixed‑use: ground floor shop plus first‑floor two‑bed flat
A rare freehold mixed‑use opportunity in Walthamstow: a ground‑floor shop producing immediate rental income and a spacious first‑floor two‑bed flat arranged over circa 596 sq ft. The apartment offers bright living space, two double bedrooms and a modern bathroom, with a small rear garden. Sold chain‑free with a 99‑year lease on completion for the flat.
The property already produces income from both units and presents clear value‑add potential. Subject to planning permission there is scope to extend into the loft to create an extra bedroom with en suite, and to build above the shop to increase accommodation or rental yield. The retail frontage on Chingford Road places the asset on a busy local parade close to Lloyd Park and good transport links.
Buyers should note this is an older Edwardian mid‑terrace with visible wear to the shopfront and roofing elements; some internal and external renovation will be required to maximise returns. The building has solid brick walls (likely no cavity insulation) and double glazing of unknown age. The surrounding area is mixed in character and shows relative deprivation, so hold/reposition strategies should reflect local market dynamics.
This freehold suits an investor seeking short‑term income and medium‑term uplift through refurbishment and planning‑led extension, or an owner‑occupier who wishes to live above a rented or owner‑occupied shop. Broadband and mobile signals are strong, council tax is low, and key schools and green space (Lloyd Park) are within walking distance.
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