East Ridge BTR granted planning approval

East Ridge Build to Rent scheme in Walthamstow has received planning permission from the London Borough of Waltham Forest.

Station Approach CGI at the East Ridge Build to Rent scheme - Providence Capital Securities | Hal Architects | BTR News
Station Approach CGI at the East Ridge Build to Rent scheme.

Providence Capital Securities secures planning permission by the London Borough of Waltham Forest for its East Ridge Build to Rent scheme in Walthamstow. Designed by Hal Architects, the 18 storey building will deliver 66 new homes – a mix of one, two and three-bed apartments.

The East Ridge scheme is located in Walthamstow town centre at 278-284 Hoe Street in North London, E17. The scheme replaces existing low-rise buildings housing a bank and offices and the site’s layout has been reconfigured to include a new semi-public yard space, covered by a striking peaked canopy down the site’s western side.

CGI of East Ridge BTR development, Hoe Street - Providence Capital Securities | Hal Architects | BTR News
CGI of East Ridge BTR development, Hoe Street.

“The site has a high PTAL (Public Transport Accessibility Level) rating and is identified in the Local Plan as being suitable for a tall building. The scheme will be seen alongside existing and emerging buildings of a similar height, contributing to the regeneration of the town centre where a lot of change is taking place.”

Hal Currey of Hal Architects

The apartments are located in the tower’s upper floors – above the two storey ground and first floor podium, housing resident amenities and other uses. 17 apartments are available at rents equating to a 26% discount to market levels for households earning up to £60,000 a year, in line with GLA guidance.

Priory Avenue CGI - Providence Capital Securities | Hal Architects | BTR News
Priory Avenue CGI.

The ground floor includes visitor bicycle parking, a café, and outdoor seating in a new pocket park overlooking the junction of Hoe Street and Station Approach and Priory Avenue to the south.

The East Ridge development is close to Walthamstow Central interchange and the town centre shops and amenities. It also sits on the borough’s world-class network of cycle and walking routes, making it a highly sustainable location for new homes. The development is car-free and only blue badge holders are entitled to a parking permit.

CGI of Priory Avenue Yard Elevation - Providence Capital Securities | Hal Architects | BTR News
CGI of Priory Avenue Yard Elevation.

“Our scheme creates a new landmark for Walthamstow and includes great new public amenities that will enhance town centre life and add to the Council’s good work in improving the pedestrian environment in the area.”

“We will be providing quality new homes for rent to meet increasing local demand for this type of home and tenure. The majority of the flats – 94% – have dual aspect views.”

Asaf Hussain, MD, Providence Capital Securities