Initial price	£675,000
16/05/24	£575,000
23/01/25	£500,000
Price Change	-25.93%

This property is a freehold plot located on Woodgrange Road in Forest Gate, London, with planning permission granted to build two residential units and one commercial unit. The site currently has a commercial use on the ground floor and residential accommodation above, but the proposal is to demolish the existing building and construct a new two-storey building with a ground-floor retail unit and a two-bedroom duplex flat. Additionally, a three-storey mews house will be built to the rear, including a shared courtyard and amenity areas. The property is located within a 0.1-mile walk to Forest Gate station and a 0.3-mile walk to Wanstead Park station, with Forest Gate station set to become a major new station for the Cross-Rail link into London. The area is undergoing regeneration and is close to local amenities, schools, and transport links.