Newsteer provided valuation, financial viability and delivery advice for the Auckland Road Industrial Masterplan in Waltham Forest, testing the potential of a nine-acre waste processing site alongside neighbouring land. The work explored industrial intensification, open storage and high-density residential redevelopment to inform the emerging masterplan and landowner negotiations.
The client’s challenge
The client needed to understand the value and deliverability of significantly different redevelopment options for the site. This meant establishing a robust Existing Use Value while assessing how industrial intensification and co-location compared with higher-density residential development.
Our solution
Newsteer prepared a Red Book Valuation of the Bywaters Waste site and worked alongside the multidisciplinary design team to undertake financial viability testing and sensitivity analysis. We tested industrial, open storage and residential values to provide a clear comparison of the alternative redevelopment scenarios.
Beyond advice: how we added value
By combining valuation and development viability expertise, Newsteer was able to test the commercial implications of the design options as they evolved. This gave the wider team evidence not just on theoretical value, but on the relative viability and deliverability of different approaches to intensification and redevelopment.
Outcomes and impact
The analysis established a robust evidence base for comparing industrial intensification, co-location and residential redevelopment scenarios, helping inform the masterplan process and providing evidence to support negotiations with the landowner.
