New flats planned for Arnos Grove Tube Station in Enfield

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TfL plans

Council leasing EnfieldTransport for London has been working to increase the supply of new homes all across the capital for several years. They have been freeing up pockets of land as well as working with developers to bring forward other plans. A number of these involve creating new homes near or above Tube and train stations. These tend to be popular spots where demand for housing is high because of the good connections.

The latest plan to make headlines is for Arnos Grove Underground Station in Enfield. Tfl and Grainer, partnering as Connected Living London (CLL), have sent their plans to the local council. They are proposing the construction of four new buildings around the site over the car parks. These would range in size up to seven stories so they have the potential to transform the area.

Affordable homes

In total the project would create 162 new homes. These would all be build to rent. An impressive 40% of them would also be affordable, making them accessible to people with lower income.

A historic station

One of the things that stand out about the project is it understands the heritage of the site. Arnos Grove station dates back to 1932. It was designed by celebrated architect Charles Holden, and has Grade II* Listed Status because of its architectural and historic significance. The development seeks to preserve the main building and enhance it with the addition of the new buildings on the site.

To prevent the tallest new buildings from overshadowing the station as well as neighbouring properties, they will be strategically placed around the site. Most importantly, the taller ones will be to the north of the site.

Trade-off

The potential downside of the project is that the buildings would take the place of the current car parks. As a result all of the 297 parking spaces for general use would be lost. A small number of spaces would remain for staff to use. In addition there would be some left for holders of Blue badges.

Talk to us about council leasing in Enfield

If you are an investor this is a project worth keeping an eye on. The council may grant permission and then allow the development to move forward. If it does, the new homes could bring more attention to the area. This could have a knock on affect for other homes nearby.

Finefair is the top provider of council leasing Enfield has. As a result we can deliver excellent services that benefit the landlord, the tenants, and the local authority too. To learn more, speak to us today.