Property Information
Address:
304-314 Lynton Road, London, Greater London
, SE1 5DD
, Greater London
, United Kingdom
Price: Property no longer available.
Size: 7028 sq ft653 sqm
Primary Category: Land
All Categories:
Land,
Property Ref/Movehut: MH641146
Property Ref/Agent: 4959
*Please use the agent ref when calling the agent directly.
Property description
Lynton Road obtained a resolution to grant planning from Southwark Council in November 2020 for the redevelopment of the site to provide 19 residential units.
The scheme has been well-designed by Alan Camp Architects in order for all units to fall within the Help To Buy price range but would also make an attractive small BTR scheme. The unit mix is a policy compliant 35% affordable offering; 13 will be for private sale, 2 sold as shared ownership and 4 for social rent.
The subject site was previously used as a car breakdown and recovery depot and extends 0.0653ha / 653sqm. The property is offered with full vacant possession, which will allow an incoming purchaser to begin on site immediately.
An exciting quarter that is attracting a lot of interest - likely sparked by Bermondsey's growth in popularity and the neighbouring development by Grosvenor.
New homes in the locality have been very popular with it being an attractive place for young professionals. Values are at a level in which all proposed units for this site would benefit from Help to Buy. The supply of new homes in the surrounding area has been limited which further exacerbates the demand for new apartments.
Good transport links are available with South Bermondsey station 0.3 miles away (less than 10-mins walk) and Bermondsey tube station 0.6 miles away (less than 15-mins walk) plus a wide array of bus and bike routes.
Freehold development with planning permission for a 19 unit residential scheme.
The scheme will deliver 15,204sqft of NSA residential accommodation with 13 private units and 6 affordable units.
South Bermondsey station 0.3 miles away (less than 10-mins walk) and Bermondsey tube station 0.6 miles away (less than 15-mins walk) plus a wide array
;