City Corporation approves new hotel between the Museum of London and the Barbican
June 17, 2024
13 June 2024 The City of London Corporation has approved the redevelopment of two office buildings between the future Museum of London and the Barbican to create a new hotel. The buildings at 1-8 Long Lane will be combined into a 9-storey, 128-room hotel, with 10% provision for disabled access, contributing to future visitor demands. More
Site in Surrey Quays with a previous resolution to grant planning for 48 apartments
19-25 Rotherhithe New Road, Southwark SE16 2AE
Kingsbury are offering a 0.15-acre site in the Canada Wharf 'Core Action Area,' situated 400 meters from Surrey Quays Underground station on the Jubilee Line. There is a previous resolution to grant planning consent from 2022, for a 12-storey building comprising 48 apartments with commercial space on the ground floor. More
Allsop June 2024 residential property auction
19th & 20th June 2024 | Online
The Allsop June 2024 residential property auction includes the following development opportunities.
A long leasehold former Grade II listed fire tower with planning permission for a one-bedroom maisonette with a roof terrace on Lancaster Grove, Belsize Park, NW3 4PB. The guide price is £250,000.
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Site with planning permission for 51 apartments in Bromley town centre
Provident House, High Street Bromley BR1 1DZ The Development Group are offering a site on the High Street in Bromley with extant planning permission for the conversion and extension of an existing building to create 51 apartments. The existing 104,026 sq ft NIA building, Provident House, is situated on a 0.56 acre (0.23 hectare) site. More
Hines and architects Foster + Partners to create a 1 million square feet mixed-use destination at Bankside, London
May 29, 2024
13 April 2024 International developers Hines have secured approval from Southwark Council for a new office and residential development at 18 Blackfriars Road on a 2-acre site that has been undeveloped for 20 years. The buildings, designed by architects Foster + Partners, are intended to be fossil fuel-free, 100% electric and Net Zero carbon in use, with 95% of the heat requirement served by ground source heat pumps. (more…) More
Four-storey building with planning for a new build scheme comprising nine apartments on Old Kent Road SE1
Old Kent Road, Southwark SE1 4RF
A mixed-use 4-storey building comprising a ground floor retail space and two apartments above, totalling 5,274sq ft, is available through Kingsbury. Planning permission is in place for a new build scheme comprising 9 apartments totalling 4,198 sq ft, along with a commercial unit spanning the ground and basement floors totalling 2,399 sq ft. The property is situated within the Old Kent Road Opportunity Area, which is undergoing regeneration with the proposed Bakerloo Line line extension. More
Mixed-use redevelopment of the Asda site in Park Royal creating a new town centre
May 14, 2024
13 May 2024 The retailer Asda has partnered with developer Barratt London to redevelop the brownfield site which currently houses the Park Royal superstore, creating a new town centre at the heart of the Old Oak and Park Royal Development Corporation major regeneration area. Subject to planning, the project will feature a 60,000 sq ft Asda superstore and 1,500 new homes, of which 500 will be affordable. More
McHugh & Co May 2024 property auction
22 May 2024 | Online
The May 2024 McHugh & Co. property auction includes the following development opportunities.
Unmodernised four-bedroom detached bungalow and land at Frances Street, Chesham, Buckinghamshire HP5 3EQ. The guide price is £150,000+.
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Cauldwell’s 1 Mayfair 300,000 sq ft residential scheme
May 10, 2024
23 April 2024 Developer Cauldwell's 300,000 sq ft, 8-storey luxury residential scheme, with facades onto South Audley Street, Hill Street and Waverton Street in Mayfair, W1, is due to be completed in Q4 of 2025. Construction of the £2bn GDV project, occupying half a city block, commenced in 2017. Designed by architects Robert A M Stern, the building comprises 24 residences, including lateral apartments, penthouses and townhouses, and offers services typically associated with 5* hotels such as a health spa and swimming pool. More
Savills May 2024 property auction
29 May 2024 | Online
The May 2024 Savills property auction includes the following development opportunities.
The former Grade II listed Cauliflower Public House, High Road, Ilford IG1 1TZ, extending to 15,253 sq ft on a site area of 0.42 acres. Planning permission is in place for the conversion of the 2nd and 3rd floors to provide 5 flats, with further planning is expected for 15 flats and commercial space on the site. The guide price is £2.9m
MoreBank Rate maintained at 5.25%
May 9, 2024
9 May 2024
The Bank of England's Monetary Policy Committee (MPC) voted by a majority of 7-2 to maintain the Bank Rate at 5.25%. Two members preferred to reduce the bank rate by 0.25% to 5%. More
Barnard Marcus May 2024 property auction
21 May 2024 | The Grand Connaught Rooms, Covent Garden
The May 2024 Barnard Marcus property auction includes the following development opportunities.
Land at Alexandra Mews, Muswell Hill N10 2PG with planning permission for a two-bedroom detached house over three floors, with off-street parking. The guide price is £360,000.
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Surgery in Enfield with planning for private house
Melbourne Way, Bush Hill Park, Enfield EN1 1XG Gilmartin Ley is offering a 1,487 sq ft (138.12 m2) surgery building in Enfield on a site area of 2,623 sq ft (243.67 sq m). The property has planning permission for use as a private dwelling house and is located 220m from Bush Hill Park railway station. More
Development opportunities this week
3 May 2024
Long leasehold 0.4 acre (0.16 hectares) Belle Isle Site at York Way, Kings Cross N1. The business/office-led development opportunity is adjacent to the Kings Cross Regeneration Area, with potential for up to 15 stories subject to planning. More
Auction House London’s May 2024 property auction
21 & 22 May 2024 | Online
The May 2024 Auction House London property auction includes the following development opportunities.
A vacant mixed-used building comprising a restaurant and upper parts at High Street Barnet EN5 5SZ. There is planning consent to convert the upper parts to three one-bedroom flats. The guide price is £775,000+.
MoreNationwide indicates a 0.4% monthly drop in UK house prices in April 2024
May 1, 2024
1 May 2024
According to Nationwide, UK house prices fell 0.4% in April 2024 after considering seasonal effects, slowing the annual rate of increase from 1.6% in March 2024 to 0.6% in April 2024. House prices are now 4% below the all-time highs of summer 2022. More
Savills Q1 2024 research shows first signs of recovery for prime outer London homes
April 25, 2024
25 April 2024
According to research by Savills, prime residential property values in outer London increased by 0.8% in Q1 of 2024. The strongest performers were houses in Battersea, Clapham, Ealing, Fulham and Victoria Park. More
Oxford Street upgrade moves to the next phase
April 18, 2024
9 January 2024 The £90 million upgrade to Oxford Street, London W1 received support from 2/3 of residents, businesses and visitors who took part in a consultation. The scheme proposes a more attractive street with 40% more footway space, and improved seating, lighting, signage, trees and planting. More
Former riding stables with planning for 9 residential units at Chingford E4
Queen Elizabeth Riding School, Forest Side, Chingford E4 6BA Kingsbury is offering a former riding stable on a 0.45-acre site in Chingford with planning permission for 2, 3-bedroom houses and 7 apartments over 8,542 st ft. The site is situated close to Chingford Overground Station and Epping Forest. More
City of London Corporation approves office scheme at Little New Street EC4
April 14, 2024
9 April 2024 The City of London Corporation has approved the Hill House office scheme, which will deliver over 57,000 sq m of grade A office space to accommodate around 3,000 employees at 1 Little New Street EC4A. As part of the scheme, the Shoe Lane Library will be relocated from the basement to ground level. More
Mayor of London’s vision to deliver 36,000 homes and 55,000 jobs at the Royal Docks
April 14, 2024
7 March 2024
Over £2bn of public and private sector investment is planned at Royal Docks delivering 36,000 homes and 55,000 jobs. This is part of a wider regeneration delivering 129,300 homes at development areas including London Riverside, Isle of Dogs, Thamesmead and Canada Water. More
Auction House London April 2024 property auction
17 & 18 April 2024 | Online
The Auction House London April 2024 property auction includes the following development opportunities.
An 11-room mid-terrace house in Delancey Street, Camden NW1 7RY with a guide price of £1.75m+.
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Commercial 19th-century building at Old Street EC1
Whitecross Street, London EC1Y 8JT
Gilmartin Ley is offering a freehold commercial building with development potential subject to planning permission. The building spans 2,764 sq ft (256.82 sq m) and is situated on Whitecross Street EC1, close to the Old Street roundabout. More
Strettons February 2024 property auction
22 February 2024 | Online
The Strettons February 2024 property auction includes the following development opportunities.
A 3,843 sq ft rectangular site with development potential subject to planning, at Black Horse Yard, Church Walk UB3 2RN, adjacent to Barra Hall Park, in the Hayes conservation area. The guide price is £175,000+. This lot is offered by order of the Mayor and Burgesses of the London Borough of Hillingdon.
MoreBank of England holds rates at 5.25%
February 2, 2024
1 February 2024
The Bank of England's Monetary Policy Committee (MPC) voted by a majority of 6-3 to keep the Bank Rate at 5.5%. Two members preferred to increase the rate by 0.25% and one preferred to reduce it by 0.25% to 5%. More
Allsop February 2024 two-day residential property auction
14 & 15 February 2024 | Online
The Allsop February 2024 residential property auction includes the following lots.
Virtual freehold vacant shop and upper parts comprising a four-bedroom flat at Market Place, Falloden Way, Hampstead Garden Suburb, NW11 6JT. The guide price is £700,000+. A neighbouring property is also on sale at the auction, where the shop is vacant, and the upper parts are let on an AST. The guide price is £725,000+.
MoreAllsop February 2024 commercial property auction
8 February 2023 | Online
The Allsop February 2024 commercial property auction includes the following lots which may be suitable for development:
Freehold office building investment of 8,068 sq ft (794.5 sq m) over six floors including the basement, situated on a pedestrianised street in the City of London at Lovat Lane, EC3R 8DW. The current rent reserved is £358,798.50 pa, and the property may have residential redevelopment potential subject to planning. The guide price is £4.25m to £4.5m.
MoreSavills 6 February 2024 property auction
6 February 2024 | Online
The Savills 6 February 2024 auction includes the following development opportunities:
By order of executors, two adjoining residential buildings at Cheyne Place, Chelsea, SW3 4HH. The buildings comprise 10 apartments, of which 7 are subject to leases, 1 is subject to an AST and 2 are vacant. The guide price is £5m.
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Commercial building in Romford town centre with approval for conversion of upper floors to residential
Tollgate House, Market Place, Romford RM1 3ER
A town centre mixed-use commercial building in Romford, RM1 is on sale through Kingsbury. The building, Tollgate House, totalling 9,504 sq ft, comprises two ground-floor commercial units extending to 2,250 sq ft, and office space extending to 7,254 sq ft across three upper floors. More
City of London approves major retrofit scheme at 65 Gresham Street EC2
January 27, 2024
14 January 2024 A mixed-use retrofit scheme at Gresham Street EC2, which will retain approximately 70% of the building's existing structure, has been approved by the City of London Corporation. The project includes landscaped terraces and new retail spaces along Aldermanbury, within walking distance of Liverpool Street station, currently the busiest station in the UK. More
Savills research highlights challenges for developers
January 27, 2024
18 January 2024
Savills 'Market Pressures' report concludes that London developers face a challenging market with a 41% decline in new build sales below £1,000psf in the past year. Private starts on-site are now 60% below the 2015 peak. More
Development opportunities this week
26 January 2024
A 0.2-acre (0.08 hectare) site in Ansdell Street, Kensington W8, comprises a four-storey building over 20,717 sq ft, with planning permission for a terrace of 10 houses spanning 21,706 sq ft GIA. The guide price is £20.5m. More
Auction House London’s February 2024 two-day property auction
7 and 8 February 2024 | Online
The Auction House London property auction in February 2024 includes the following properties:
A five-bedroom detached house on a 23,171 sq ft (201.7 sq m) plot at Aylmer Drive, Stanmore, HA7 3EG. The site includes two garages and benefits from a lake view. The guide price is £1.275m+.
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Site in Chingford E4 with planning for 72 apartments
New Road Chingford E4 9EZ Kingsbury is offering a 0.68-acre brownfield site on New Road, Chingford, with planning for a seven-storey building comprising 72 apartments. The site is located in the London Borough of Waltham Forest, and the adjacent leisure park is allocated for redevelopment to provide 280 new homes. More
Development opportunities this week
5 January 2024. A 23,257 sq ft vacant care home at Ickenham Road, Ruislip, HA4 on a site of 0.58 acres close to West Ruislip underground station, with a pre-application for 83 residential units over 46,457 sq ft NSA (58,071 sq ft GIA). More
Detached house in South Croydon with planning to create 7 residential apartments
Brambledown Road, South Croydon CR2 0BL
Kingsbury is offering for sale a detached 3-bedroom house that extends to 1,864 sq ft on a 0.18-acre site, with planning permission for the demolition of the existing building and the creation of 7 residential apartments, composing 4 two-bedroom and 3 three-bedroom units, totalling 6,213 sq ft. The site is located 0.3 miles from Sanderstead Station in the London Borough of Croydon. More
