The 0.85-acre site at Monkhams Lane, Woodford Green, was previously a single dwelling known as Little Monkhams, which was largely destroyed by fire in 2007. Planning permission has been granted for the construction of three detached five-bedroom houses totaling 12,035 ft², with garages, landscaping, and amenity space. The site is located within the Monkhams Estate, 0.3 miles from Roding Valley Station (Central Line). Kingsbury are inviting offers in the region of £3,250,000 for the freehold interest.

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The City of London Corporation has approved a 33-storey, 50,000 sqm sustainable office building at Gracechurch and Fenchurch Street. It will substantially reduce its carbon footprint by retaining and reusing the existing structure and materials. The project enhances connectivity, supports Leadenhall Market’s regeneration, and includes cultural spaces with a rooftop viewing area. Led by Ontario Teachers’ Pension Plan and Stanhope Plc, it is set for completion by summer 2032.

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According to Savills, take-up in Greater London and the South East reached 2.7 million sq ft in 2024, 4% below 2023 levels and 8% below the five-year average, with sentiment impacted by the Autumn Budget.  Availability fell by 15% to 12.9 million sq ft due to stock conversion and limited new development, while record-high rents were achieved in 16 submarkets as occupiers prioritized high-quality, sustainable office space.

Grade A space accounted for 75% of take-up in 2024, reflecting a strong flight to quality. Despite no deals over 100,000 sq ft, the market remained resilient, with continued demand for Prime Grade A offices driving rental growth.

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The Savills February 2025 property auction features a range of development and investment opportunities, including the following.

A student hall in Cricklewood Lane, NW2 2DQ, comprising 181 bedrooms, with a guide price of £10 million.

A development site in Western Road, SW19 2QD, with planning consent for a nine-storey building comprising 23 private dwellings, guide price £1.8 million.

An industrial site in Haymerle Road, Peckham, SE15 6SB, covering 0.22 acres with planning permission for 37 residential units and 7,280 sq ft of commercial space, guide price £3.9 million.

A warehouse in Elmgrove Road, Harrow, HA1 2ED, measuring 23,012 sq ft (GIA) on a 0.76-acre site, offering development potential subject to planning, currently let at £168,000 per annum, guide price £2.5 million.

A former training centre in Giesbach Road, N19 3DA, with redevelopment potential, comprising a single-storey, 2,317 sq ft building, guide price £1.125 million.

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The Bank of Enland’s Monetary Policy Committee voted 7–2 on 5 February 2025 to reduce Bank Rate by 0.25 percentage points, to 4.5%, citing continued progress on disinflation but persistent inflation risks. CPI inflation was 2.5% in Q4 2024, is forecast to rise to 3.7% by Q3 2025, and then ease toward the 2% target. The Committee will remain cautious and closely monitor supply, demand, and inflation developments to guide further decisions.

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Ghelamco UK has begun the main construction phase of The HiLight, a £140 million (GDV) regeneration project featuring a 24-storey residential tower off York Road on London’s Battersea Waterfront. Designed by Squire & Partners, the development includes 177 mixed-tenure apartments, commercial spaces, a public green, and a landscaped riverwalk. Apartments at The HiLight range from 538 sqft to 1,500 sqft, with prices starting from £620,000. Savills and JLL are joint sole selling agents. Completion is scheduled for Q2 2026, with sustainability-focused design elements earning FITWEL and EDGE certifications. Image credit Ghelamco UK

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The Allsop February 2025 residential property auction includes the following refurbishment and development opportunities.

A freehold mid-terrace building in Loveridge Road, West Hampstead NW6 2DU, arranged as three flats. Guide price £950,000+.

A 2.51-acre brownfield site in Providence Place, Romford RM5 2BH, with lapsed permission for 22 five-bedroom detached houses. Guide price £850,000+.

A freehold detached bungalow and garage at Mount Drive, St Albans AL2 2NS, with potential for residential redevelopment, subject to consents. Guide price £600,000+.

A freehold detached bungalow with potential at Felix Lane, Shepperton TW17 8NJ. Guide price £290,000+.

A freehold site with planning permission for a 2,007 sq ft house at Rosslyn Avenue, Barnes SW13 0JY. Guide price £595,000.

A freehold building in Coldharbour Lane, Brixton SW9 8RR, with planning for partial demolition and extension to create a 4,435 sq ft (GIA) retail and residential scheme. Guide price £1m+.

Two freehold interconnecting buildings in West Street, Harrow on the Hill HA1 3EL, with potential for conversion into two houses or flats, subject to consent. Guide price £400,000+.

A freehold 4,244 sq ft detached former care home in Croydon Road, Anerley SE20 7AB, with potential for conversion into a house or flats, subject to planning. Guide price £775,000+.

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The February 2025 Auction House London’s property auction includes the following development opportunities.

A derelict mid-terrace workshop measuring 549 sq ft (GIA), located behind Argyle Square, King’s Cross, WC1H 8AP. Guide price is £150,000–£200,000.

Land and a garage to the rear of Westbury Avenue, Wood Green, N22 6RT, with planning permission for a two-bedroom dwelling. Guide price is £180,000+.

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St William, a Berkeley Group company, has secured detailed planning permission for phase four of the King’s Road Park masterplan, featuring 357 new homes, 1.9 acres of new parkland, and a restored Grade II* listed gasholder. Designed by Foster + Partners, the development includes two slender residential towers (28 and 38 storeys) and a seven-storey podium, integrating communal spaces and green areas.

The project enhances connectivity between King’s Road and Imperial Wharf Station. The new community park, designed by Gillespies, will include a public square, walking routes, and children’s play areas, forming part of the six-acre open landscape network within the Fulham Riverside Regeneration Area, which will ultimately deliver 1,800 homes, including 600 affordable units. Image © Foster + Partners.

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A vacant two-storey freehold building (19,528 sq. ft.) sits on a 0.28-acre site within the Old Kent Road Opportunity Area. The location benefits from major regeneration plans, including 20,000 new homes and three new Underground stations, two on the Bakerloo line extension and one Overground station. Planning permission was granted for a nine-storey development comprising 49 residential units (18 affordable) and 8,430 sq. ft. of commercial space. The property is offered freehold with vacant possession, with offers invited in excess of £4,000,000 through sole agents Kingsbury.

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