The services we have at Finefair Ltd stand out because of the sheer diversity. We can offer a comprehensive solution for landlords or take care of individual elements. For example, we can provide portfolio reviews and recommendations, arrange guaranteed rent schemes, cater for management, and more. Whatever you need, we can do it all for you.
An interesting proposal
London is no stranger to eye catching development proposals. There can be new ones on an almost daily basis as people look to create homes, housing, commercial properties, and more. Some of them are noteworthy because of specific details or unique elements in the proposal.
Plans submitted to Enfield Council in June fall into this category. The project in question is to redevelop the land currently home to the Aquatic Plant Company in Crews Hill. If they get approval it will see the creation of 58 affordable homes, five live-work units, and office space.
The project would involve the demolition of some properties on the site. At the moment there is a mix of homes, offices, sheds for storage and distribution, and glasshouses. The office building would remain and receive a renovation.
Green Belt
Now you may be thinking that this project does not sound too different at the moment. The really interesting part is that the area is part of the Green Belt. As a result there is more protection in place to preserve it.
However, the site itself is Brownfield as it is already in use. So, it should be able to undergo redevelopment. There are exemptions from the normal planning policy to allow this. It can give opportunities to create some of the most interesting investment properties Enfield has to offer.
But, even then, there are still restrictions in place. Most notable is the fact that a new development can’t have a greater impact on the area than the current one. That means no building a huge skyscraper on a rural site that only has low lying structures. There must also be no impact on the openness or wider landscape character.
Designations
It is also interesting to note the different designations here. The Crews Hill site was in the strategic housing and land availability assessment from Enfield Council in 2020. At the time it was named as being “potentially developable”. But, it is not in the areas for possible Green Belt land release in the draft Local Plan.
So, it remains to be seen whether the project will get permission. The proposals have been validated but there has yet to be a ruling on whether they get approval. If they do, it could be great news for people looking for homes in this part of the city.
Speak to us about investment properties in Enfield
Finefair Ltd knows that Enfield is one of the most interesting parts of London for investors. It is a fantastic suburban Borough, offering greenery and open space but still giving people great transport links. Property prices are also far more affordable than central spots.
If you are thinking of investment properties, Enfield should certainly be on your list. Finefair Ltd can help you here. We can offer advice about the area and portfolio reviews for investors. Plus, we can arrange council leasing and guaranteed rent to give you an easier experience and income protection.
So, why not contact us to learn more today?
