A CBRE report ‘The effects of regeneration on local property values’, analysed 11 regeneration zones in London and concluded that locations within a 10 minute walk benefitted from an average additional 2% increase per annum in residential property prices. The locations analysed were Canary Wharf, Colindale/Burn Oak, Elephant and Castle, Greenwich Peninsula, Kings Cross St Pancras, Nine Elms, Paddington, South Bank, Stratford, Wembley and Woodberry Down. Paddington benefitted the most with a 5.8% increase per annum. The research attributes this to many factors including improved transport links, enhancements to the area’s heritage, retail and green space.
Elephant and Castle
Site in Elephant & Castle with Pre-application to provide 39 storey tower and 14 storey commercial building
101 Newington Causeway London SE1 6BN
Development opportunity at Elephant and Castle, which is undergoing a £3bn regeneration programme. The 0.65 acre site comprises three buildings with a gross internal area of 90,918 sq ft. Pre-application discussion to provide a 39 storey residential tower and a 14 storey commercial building. Savills | UNAVAILABLE
Development Site in Southwark with Planning for Four Apartments and Office Space
98 Webber St London SE1 0QL
Central London development opportunity close to Southwark, Borough and Elephant and Castle Underground stations, with planning for four flats and an office covering 3,863 sq ft. Offers in excess of £2.2m. Davis Brown | UNAVAILABLE
