Newly consented £36 million (GDV) mixed-use development at 14-22 Ossory Road in London’s Southwark will provide 71 apartments and 15,480 sqft of commercial space, complete with roof garden and public realm.

Over 92% of the private apartments anticipated falling within the Government’s Help to Buy scheme.

The private sale one, two and three-bedroom apartments have been priced by KALMARs and CBRE at an average of circa £740 per sqft in price, an affordable and attractive price point.

The 15,480 sqft of commercial space is arranged over lower ground, ground and first-floor level, and according to KALMARs is anticipated to generate around £25 per sqft in rental income.

The current developers have decided to sell the newly consented scheme which is available through joint sole agents KALMARs and CBRE.

Sebastian Kalmar, Director at KALMARs commented: “This site is perfect for developers that work in trendy areas and are seeking units within Help To Buy Pricing. The location is sandwiched between two of the coolest areas in London (Bermondsey and Peckham) with more attractive pricing and future potential.”

Jonathan Allen, Associate Director at CBRE added: “Burgess Park View is set to benefit from the substantial uplift that the regeneration and Bakerloo Line Extension will bring to the Old Kent Road area; whilst it is uniquely positioned as a gateway site to Burgess Park, and its success is not dependent on the masterplan being delivered in the short term.”

For more information on Burgess Park View contact joint sole agents KALMARs and CBRE.