2.03-acre freehold with planning for 213 homes — redevelopment opportunity for experienced investors.
Freehold development site approximately 2.03 acres
A rare freehold development site of approximately 2.03 acres in Leyton, offered with full planning consent granted in February 2024. The consent covers demolition of the existing single-storey industrial buildings and delivery of 213 private homes (154,251 sqft), retained light industrial floorspace (24,691 sqft GIA) and office workspace (21,051 sqft GIA), plus 11 disabled parking spaces. Vacant possession can be secured with three months’ notice.
The site currently comprises two industrial units totalling c.44,720 sqft of poorly maintained warehouse space, providing clear redevelopment scope or short-term asset management. Its designation as a “Locally Significant Industrial Site” allows for a mixed-use outcome under the granted consent; affordable provision is either 20% by habitable room or 100% private with a £1m payment in lieu.
Transport links are a strong locational advantage: Leyton Underground (Central Line) is c.1.2 miles, with Lea Bridge and Leyton Midlands Road stations under a mile. Major routes (A12, A406, M11) and multiple bus links provide good connectivity to central and east London. Broadband speeds are reported slow, and mobile signal is excellent.
Material considerations for purchasers: the buildings are dilapidated and likely require demolition as per the consent; the surrounding area is classified as very deprived with high crime levels, which may affect sales/rental profiles. This site suits developers or investors able to manage planning conditions, affordable housing obligations, and an urban regeneration scheme in a challenging but well-connected location.
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