London Development Sites

Property development opportunities in London

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City Corporation release images of future City skyline

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6 May 2021

The City of London Corporation has released updated images of how the City will look in the mid 2020s. The images include projects approved in the past 12 months notably 50 Fenchurch Street, 55 Gracechurch Street, 60 Aldgate High Street, 70 Gracechurch Street and 2-3 Finsbury Avenue. Key proposals in the City Plan 2036 include more animated ground floor spaces with pedestrian spaces through tall buildings and urban greening. Photo Didier Madoc.

Strettons December 2020 property auction

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15 December 2020

The Strettons December 2020 auction is online and features the former Epping Police Station with planning for 5 flats, guided at £1.6m+, a 21 room hotel with development potential in South Woodford, guided at £1.6m+ and freehold vacant land in Clapham E5, guided at £140,000+. UPDATE: 94% sold, £11,650,000 raised.

Savills December 2020 property auction features 130 properties for sale

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16 December 2020

The Savills December 2020 property auction is online and features a former school house in Peckham SE15 with development potential at a guide price of £575,000, a 5 bedroom terrace house in Herne Hill SE24 with potential to extend or redevelop with a guide price of £685,000, a 2,500 sq ft period building in Forest Hill, SE23 at a guide price of £790,000 and two industrial buildings in New Cross SE14 with planning for 14 apartments and retail at a guide of £2m. UPDATE: 73% sold, £27,453,500 raised.

Former dairy building with planning for residential in Notting Hill

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The Old Dairy 1-4 Chapel Side W2 4LG

Savills are marketing a four storey brick built dairy building in Notting Hill, set in a residential mews and arranged as parking, offices and flats. The City of Westminster has granted planning consent for four new flats at ground and first floor, creating 8 flats in total over 5,920 sq ft. Offers are invited in excess of £5.5m. UNAVAILABLE

Knight Frank survey points to increased investment in student accommodation, purpose built rented accommodation and senior living

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5 November 2020

A Knight Frank survey of 40 leading investors with £62 billion invested in student accommodation, purpose built rented accommodation and senior living, expect to invest a further £10 billion in these sectors in 2021 and £42 billion over the next five years. This seems to indicate a diversification of investment covering all age groups. 70% of survey respondents expect these sectors to outperform others over the next 5 years.

New pedestrian bridge at Kings Cross

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26 October 2020

Camden Council has given planning consent for a new pedestrian bridge linking Pancras Square and Coal Drop Yard. The 25m bridge, designed by Moxon Architects and structural engineers Arup for KCCLP, takes inspiration from the lost railway bridges over the canal.

Knight Frank identify 5 UK hotspots for future growth

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23 October 2020

Knight Frank have identified property hotspots in the UK with future growth potential. The hotspots are based on existing house prices, house price to earning ratio, housing shortages, and access to services. The resulting locations are Surrey Heath, Fareham and East Herts with either fast trains or proximity to London, Tameside with close proximity to Manchester and Chesterfield, the gateway to the Peak District.

LSH report highlights opportunities in the Oxford-Cambridge Arc

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23 October 2020

The Oxford-Cambridge Arc encompasses a concentration of knowledge intensive industries supported by world class universities. A Lambert Smith Hampton report identifies opportunities in the region in the post-COVID economic recovery. The National Infrastructure Commission has suggested that one million new homes could be created in the region by 2050; the report discusses how the opportunity should benefit local residents and the UK economy.

City of London Corporation’s recommendations for London to retain its long term competitiveness

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20 October 2020

The City of London Corporation, in partnership with Oliver Wyman and Arup have published London Recharged: Our Vision for London in 2025. Its recommendations include the need to create spaces to innovate, citing start up incubators such as Station F in France and Level 39 in London. Pilot transformation of London’s office spaces to support new uses has been suggested together with the need for affordable work space for artists and SMEs.

Savills expects a resilient market for branded residences internationally

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20 October 2020

Branded residences are those affiliated with a well known brand, usually hoteliers such as Ritz-Carlton and Four Seasons, but increasingly non-hotelier brands such as YOO, Baccarat, Missoni and Aston Martin. According to Savills research the branded residence sector has grown 170% over the last 10 years, achieving an average 31% premium over non-branded developments, however this varies substantially according to location.

Savills November 2020 property auction

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3 NOVEMBER 2020

The Savills online November 2020 auction features a commercial building in Greenwich SE10 with views of the Thames and planning recommended for 5 flats and commercial space (guide £1.45m), an unmodernised mews house in Marlebone W1 (guide £995,000), a four storey end of terrace building in Tuffnell Park N7 (guide £1.7m), a site in East Ham E6 with a pre-application for 26 flats (guide £1.5m), land in Edmonton N9 with planning for 9 assisted living flats (guide £575,000), basement space in Muswell Hill with planning for a 3 bedroom flat, (guide £350,000) and garages at Palmers Green with planning for a two bedroom house (guide £160,000).

Allsop’s October 2020 online auction to include a number of development sites in London’s suburbs

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29 OCTOBER 2020

The Allsop October 2020 online residential auction includes numerous development opportunities in London’s suburbs. The auction features a site in New Southgate, a site in Uxbridge with planning for two houses, a freehold detached bungalow in Golders Green with development potential, a freehold office building in Cricklewood with planning for a change of use to provide six apartments, a development site in E15 with planning for 4 apartments and a development site in N13 with planning for 3 houses.

London Borough of Waltham Forest release two sites for affordable housing

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The London Borough of Waltham Forest have released 2 sites via the Mayor of London’s Small Sites x Small Builders Portal. The sites include a 0.09 acre site adjacent to 73 Kings Road, close to Leyton Stone underground station and a 0.1 acre site 700m from Leyton Midland Road station. Bids from community led housing groups will be prioritised.  The deadline for submissions is 11 January 2020.

Detached house in Purley with planning consent for a development comprising 9 apartments

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Sanderstead Road Sanderstead CR2 0AG

Kingsbury Consultants are seeking offers in excess of £1.4m for a detached building on a 0.4 acre site situated close to Sanderstead and Purley Oaks stations. Planning consent has been granted for the constriction of a building comprising 9 apartments over 9,328 sq ft with parking for up to 9 cars. UNAVAILABLE

Savills predict the rise of flexible offices

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24 September 2020

Property agents Savills expect an increase in the need for flexible office space, with flexible office space replacing excess retail space on high streets and shopping centres. This could lead to an increase in demand for office space close to homes in rural and suburban areas.

Londoners considering property outside the capital

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3 September 2020

Savills confirm that London applicants viewing property in London in June and July this year have been 37% higher than in January and February. However this rises to 97% for London applicants looking for property outside of the capital. Savills’ applicants for prime rental property increase by 60% by the end of July compared with the 12 weeks prior to lockdown. The same research also shows the desire for extra space such as a garden, and also an increase in ‘try before you buy’ tenants.