London Development Sites
Property development opportunities in London
4 March 2025
The City of London Corporation has released new CGI images visualising the Square Mile’s future skyline, featuring all approved and resolved-to-approve developments over the next 10 years. The images were published ahead of MIPIM, Europe’s largest real estate conference, where the Corporation will promote investment opportunities in the City. [Read more…] about City of London unveils future skyline images ahead of MIPIM
17 January 2025
Developer Hines has revealed new CGI images of The Round, a £2 billion, 1 million sq ft mixed-use development in Blackfriars, designed by architects Foster + Partners. The project will regenerate a brownfield site that has been vacant for 20 years, delivering 433 homes (40% affordable), 800,000 sq ft of office space, and 20,000 sq ft of cultural and educational facilities.
[Read more…] about The Round, Foster + Partners’ design for a vacant brownfield site in Blackfriars19 March 2025 | Online
The March 2025 Savills auction features the following development opportunities:
A 0.22-acre site on Haymerle Road, Peckham SE15 6SB, with permission for 37 residential units and 7,280 sq ft of commercial space. Guide price: £3.5m.
A 96.22 sq m site on Reverdy Road SE1 5QD, with development potential subject to consents. Guide price: £200,000.
A 0.06-acre site to the rear of Spencer Avenue, Palmers Green N13 4TS, with lapsed planning permission for a two-storey building. Guide price: £145,000.
A single-storey, 2,317 sq ft former training centre on Giesbach Road N19 3DA, with development potential subject to consents. Guide price: £925,000.
Monkhams Lane, Woodford Green IG8 0NP
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.
11 February 2025
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. [Read more…] about Savills reports London office market resilience in 2024 amid falling supply and record rents
3 February 2025
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. [Read more…] about Construction begins on The HiLight, a £140M Battersea waterfront tower by Ghelamco UK
12th & 13th February 2025 | Online
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+.
24 January 2025
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. [Read more…] about Foster + Partners’ King’s Road Park design secures planning approval
Malden Road NW5 4YB
This former doctor’s surgery spans 2,321 ft² over three storeys plus a basement in Kentish Town, Camden, with planning pending for reconstruction into four residential apartments (1x 1-bed, 3x 2-bed) totaling 3,022 ft². The property is 0.5 miles from Kentish Town underground station and 0.6 miles from Kentish Town West overground station. Kingsbury is inviting offers in excess of £1.1m for the freehold, subject to planning approval.
17 September 2024
The Earls Court Development Company (ECDC) has submitted a 7.5 million sq ft masterplan to transform the long-empty 40-acre Earls Court site into a global destination with 4,000 homes, 2.5 million sq ft of workspace, and cultural venues, all powered by a zero-carbon energy network.
The £1.2 billion project, supported by Delancey, APG, and Transport for London, includes 20 acres of biodiverse parks and gardens with over 1,000 trees, new squares, and green streets. Phase One, set to begin in 2026, will deliver 1,500 homes, commercial spaces, and cultural venues. The masterplan has received strong local support, emphasizing innovation, sustainability, and community engagement.
Seven Sisters Road Finsbury Park N7 7QP
Gilmartin Ley are offering a showroom and warehouse property in Finsbury Park, N7, with an existing area of 12,494 sq ft over three floors. The building was constructed in the late 19th century and features ceiling heights ranging from 3.3m to 3.7m. Transport options include Finsbury Park Station, 650m to the east, and Upper Holloway Station, 1km to the north-west. The guide price is £3.5m.
High Street Hornsey N8 7QB
Kingsbury is offering a car sales forecourt and single-storey office building on a 0.12-acre site in Hornsey, N8. The site has planning permission for a new two/three-storey scheme comprising two houses and seven apartments, totalling 6,157 sq ft, along with 1,023 sq ft of commercial space. Hornsey station is situated 0.3 miles from the site. Offers in the regions of £1.6m are invited for the freehold.
1 August 2024
The Bank of England’s Monetary Policy Committee (MPC) voted by a majority of 5 to 4 to reduce the Bank Rate from 5.25% to 5%. Four members preferred to keep the rate at 5.25%. Inflation was at 2% in May and June 2024 and is expected to rise to 2.75% in the second half of the year and then return to the 2% target again.
23 July 2024 | Online
The Savills July 2024 property auction includes the following development opportunities.
A two-storey detached building comprising four flats on Stockwell Lane, SW9 0SS, situated 0.3 miles from Stockwell Underground station. The guide price is £600,000.
Two self-contained flats over the raised ground and lower ground floors of a building in Chalcot Gardens, Belsize Park, NW3 4YB, with planning permission for conversion to a three-bedroom, 1,873 sq ft flat. The guide price is £1.8m. A second and third-floor flat in the same building, with an area of 1,496 sq ft, is available with a guide price of £1.55m.
A former bank building situated on the corner of Woodwarde Road and Lordship Lane, East Dulwich, SE22 8LZ, with a total GIA of 428 sq m (4,603 sq ft). Development potential subject to planning. The guide price is £975,000.
A detached bungalow on a 3-acre site on Wise Lane, West Drayton, UB7 7ET, with development potential subject to planning. The guide price is £1.8m.
The auction includes unmodernised houses in Camberwell SE5 0NJ, London SE1 9EQ, Blackheath SE3 8NG, East Dulwich SE22 9JH, Peckham SE15 5AF and Bermmondsey SE16 3RS.
Pembroke Road, Muswell Hill N10 2HX
Gilmartin Ley is offering a 0.32-acre site in Muswell Hill, N10, with an implemented planning permission for three, 3-bedroom houses (with a GIA of 300 sq m (3,229 sq ft)) and an existing 9-bedroom house (with a GIA of 197.88 sq m (2,130 sq ft)). There is potential to convert the large house or HMO into flats, subject to planning. The site is located less than a mile from Bounds Green Underground Station and 0.62 miles from New Southgate Station. The guide price is £2m.
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. Retail spaces, urban greening and public art installations will form part of the development.
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. The consented scheme allows for the conversion of the first, second and third floors and the new build of a fourth and fifth floor. There may be scope to further develop the airspace subject to planning. [Read more…] about Site with planning permission for 51 apartments in Bromley town centre
6 June 2024
The Strettons June 2024 property auction includes the following development opportunities.
Land on the south side of Whitehall Road, HA1 3AJ, measuring 1,134 sq ft (105.3 m2) with a guide price of £60,000+.
A vacant three-storey terrace property on Leonard Street, Shoreditch, EC2A 4QS, comprising a coffee shop on the ground floor and basement, with offices on the first and second floors. The guide price is £990,000+.
A three-storey terrace commercial and residential building on High Road, East Finchley, N2 9PN, with planning permission for the conversion of the residential part to two two-bedroom flats. The guide price is £1m+.
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. Offers via informal tender. Avison Young
A hostel spanning 3-4 stories, extending to 15,757 sq ft (1,464 sq m) GIA on a 0.31-acre (0.13 hectare) site at Harrow Road, Westbourne Green W2 5XQ. Resolution to grant planning permission to redevelop the site was granted but later withdrawn. Offers in excess of £5.75m. Savills
An office building arranged over 3 stories, measuring 5,125 sq ft, at Old Kent Road SE1. There was a positive pre-application with Southwark Council for a 6-storey mixed-use building. Acorn are seeking offers in the region of £2.5m.
Knight Frank are offering a 5,358 sq ft (497.8 m2) GIA mid-terrace hotel in Barkston Gardens, Earls Court SW5, with planning consent for a change of use to 5 apartments. The guide price is £3.75m.
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. Prime central London property prices increased by 0.1%, the first increase since mid-2022. Sales volumes across all residential properties in London are 15% above pre-pandemic levels and 24% up on last year.
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. The Royal Docks played an important role in the capital’s economy from the mid-1800s until it declined in the 1960s and 1970s. It now forms one of the largest development regeneration areas in London.
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%. Twelve-month CPI inflation fell to 4% in December 2023 and is now expected to fall to the 2% target in the second quarter of 2024, but increase again in the third and fourth quarters.
15 November 2023.
The Earls Court Development Company’s updated plans for the 40-acre former Earls Court Exhibition Centre include 4,000 new homes, 35% of which are affordable. The development will feature 300,000 sq ft of retail, dining, leisure and cultural spaces, along with 2.5 million sq ft of workspace. Gardens and open spaces account for 60% of the total area.
The new development aims to surpass the net-zero requirement, creating one of the UK’s largest zero-carbon energy-sharing networks and setting a zero operational carbon target. Additionally, the plan involves planting a thousand trees will be planted and designing routes that prioritise walking and cycling, with connections to the surrounding three stations. CGI of The Cascades, a terraced landscape and water feature at Earls Court, by ECDC.
14 December 2023 | Online
The two-day Allsop December 2023 residential property auction includes the following development opportunities:
A long leasehold former commercial space in Kilburn High Road, Brondesbury NW6 2BS, with planning permission to convert to 13 flats totalling 821.15 sq m (8,839 sq ft). Guide price £3.5m+.
A site at Providence Place, Collier Row Road, Romford RM5 2BH, extending to 1.02 hectares (2.51 acres) with lapsed planning permission for 22 5-bedroom detached houses. Guide price £1.75+.
A 0.155 hectares (0.383 acres) site at Bowes Road, rear of Green Lanes and Sydney Avenue, Palmers Green N13 4SP, with development potential subject to planning. Guide Price £1.2m+.
An airspace development opportunity at St James’s Road, Bermondsey, SE1 5JX. Planning permission for 15 residential units extending to 963.9 sq m (10,375 sq ft). Guide price £850,000+.
21 November 2023 | Online
The Savills November 2023 property auction includes the following lots:
A detached former warehouse at The Square, Woodford Green IG8 0UQ, with planning for 3 residential units totalling GIA of 2,206 sq ft (205 sq m). Guide £585,000.
Land at Whitefields Road Enfield EN8 0HD, comprising two former garage sites of 0.28 acres and 0.13 acres by order of Enfield Council. Guides £210,000 and £115,000.
Four-bedroom 3-storey mid-terrace house at Grafton Road, Kentish Town NW5 3DX, totalling 1,450sq ft in need of modernisation. Guide £900,000.
Grade II listed town centre office building at London End, Beaconsfield HP9 2HN, with parking and a GIA of 350 sq m (3,765 sq ft). Potential for alternative uses subject to planning. Guide £1.25m.
A 5-floor Grade II listed office building at Mount Pleasant, Kings Cross WC1X 0AE, with a GIA of 3,737 sq ft. Development potential subject to planning. Guide £1.15m.
A 4 bedroom house at Sylvan Road, Wanstead E11 1QN, with planning consent for a new 4-storey building comprising 9 flats. Guide £1.5m.
A 5 bedroom mid terrace house at St Pauls Road, Islington N1 2LL, in need of modernisation, with planning consent to convert to 2 flats. Guide £1m.
2 November 2023.
The City of London Corporation has release images of how the Square Mile’s skyline will look by 2030. The images include major developments that have been approved or are resolved to be approved in the last year. Most of the tall buildings are located on the east side of the Square Mile.
A report by Arup and Knight Frank show the need for an extra 1.2m square feet of office space in the city by 2040. [Read more…] about The City of London skyline by 2030
1 November 2023.
The Hendon, Hendon Way NW4 3LP. A 0.354 acre plot comprising a 3-storey building with parking for 10 spaces, close to Brent Cross shopping centre. Development opportunity subject to planning. Savills
Land at Harbet Road, Chingford E4 8QB. A 1.4 acre mixed use development opportunity in the Green Belt on the North Circular Road. [Read more…] about Development opportunities this week
2 November 2023 | Online.
The Allsop November 2023 residential property auction includes the following lots:
High Street, Windsor SL4 1LN. A freehold vacant former bank building with development potential. GIA of 473 sq m (5,084 sq ft). Guide price £1.4m+.
Albert Road, East Barnet EN4 9SH. A freehold development site occupied by a semi-detached house and detached building. Site area of 400.54 sq m (4,311 sq ft). Guide price £950,000+.
Stuart Crescent, Wood Green N22 5NJ. Freehold former social club and detached building. Planning permission for 5 mews houses and 7 flats, 2 further houses and commercial space, with a total proposed GIA of 2,000.95 sq m (21,538 sq ft). Existing GIA 1,892.53 sq m (20,271 sq ft). The site is 0.16 hectares (0.4 acre). Guide price £4m+.
Green Lanes, Palmers Green N13 5TU
Gilmartin Ley is offering a freehold shop and upper parts with vacant possession. The gross internal area of the two-storey building is 1,242.57m2 (13,375 sq ft), and the property is situated 125m from Palmers Green Station and 570m from the North Circular Road. There is an opportunity to refurbish, redevelop, and increase massing at the roof level to create residential or alternative-use space, subject to planning permission. Unconditional offers for the freehold are invited.
25 October 2023 | Online
The October 2023 Auction House London auction includes two vacant semi-detached houses at Greenford Avenue, Greenford W7 with planning consent for seven residential units. Guide price £1.1m+.
Sinclair Grove, Golders Green London NW11 9JH
Gilmartin Ley is offering a 0.2-acre freehold development site in Golders Green, NW11. The site includes an existing 180.70 sq m (1,945 sq ft) unmodernized 5-bedroom bungalow with a garage. There is development potential for two four-bedroom houses, subject to planning permission (indicative drawings available). The property is located 700m from Brent Cross Shopping Centre and less than 300m from Brent Cross Underground Station on the Northern Line. Offers in excess of £1m are invited. SOLD
11 May 2023 | The Berkeley SW1X 7RL
The Allsop May 2023 residential property auction includes: a freehold building at Hampden Lane Tottenham N17 0AS arranged a 3 flats with a guide price of £650,000+; a site at Taylor Close Hampton TW12 1LE with planning permission for a two bedroom detached house, guide price £100,000+; freehold building in shell condition at Hanbury Street, Spitalfields E1 5JL with a guide price of £750,000+; freehold house on a large plot at Milborough Crescent , Hither Green SE12 0RR with a guide price of £550,000; and a Grade II listed former hall at the Academy Woolwich SE18 4BT with a reduced guide price of £275,000+.
1 April 2023
The Nationwide House Price Index reports that house prices in the UK were down 3.1% this March compared to a year ago, and this is the largest annual decline since July 2009. Mortgage approvals were also weak at 43,500 cases in February, almost 40% below the same time last year.
22 March 2023
The ONS UK House Price Index for January 2023 shows that average houses prices rose 6.3% to £290,000 in the 12 months to January 2023. This is down from 9.3% in December 2023. London saw a rise of 3.2% to £534,000, which is the lowest rise in the UK.
16 March 2023
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.
7 March 2023
The City of London Corporation is the first planning authority in the country to ask developers to carry out carbon impact studies for buildings over 1,000 sq m before submitting an application. The aim is to encourage reuse of existing structures thereby reducing the Square Mile’s carbon footprint.
1A Cargreen Road London SE25 5AD
Two commercial units comprising a church and nursery building, totalling 4,025 sq ft on a 0.09 acre site, are on the market with Kingsbury Stone. The site, with development potential subject to planning, is located 300ft from Norwood Junction train station. Offers are invited in excess of £1.2m for the freehold.
31 January 2023
The remodelling of Fleet House in New Bridge Street EC4 will create and an additional 1,800 sq m of office space and a public rooftop garden. Almost three quarters of the existing structure will be retained, substantially reducing the carbon footprint compared to a new build. The project is designed by HOK for Atenor.
Land rear of Wisteria Road SE13 5HW
A vacant light industrial building extending to 3,455 sq ft (GIA) on a site of 0.9 acres has been placed on the market. The site has planning for a new build consisting of 6 apartments totalling 3,875 sq ft, and is located 0.5 miles to Hither Green Overground station and 0.8 miles to Lewisham DLR station. Kingsbury Stone are inviting offers in excess of £850,000.
26 January 2024
The City of London Corporation has approved a 14,000 sq m office scheme incorporating landscaped terraces and urban greening at 30 Minories EC3N in the east of the City, replacing a postwar building. A Victorian warehouse building known as ‘Writers’ House’, will be retained and repurposed as a community hub featuring an archaeological and cultural centre, along with retail space and affordable workspaces above. Artefacts from the excavation will be housed in a public exhibition, and the car park at Sheppy Place will be transformed into a green public space. City of London Corporation.
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.
16 December 2020
The Housing Secretary Robert Jenrick has announced measures to allow cities and their high streets to recover from the damage caused by the pandemic. The measures will enable the council to support the delivery of 300,000 homes, encouraging family homes while prioritising brownfield sites and urban areas.
