Silwood Street
Development opportunity for sale

Development opportunity for sale

12/03/2021 by Buildington
KALMARs and Knight Frank have launched Silwood Street in South Bermondsey to the market, a development opportunity in the London Borough of Lewisham with a guide asking price of £4.75 million.

The development adjacent to historic railway arches has consented plans to provide a £30 million (GDV) mixed-use development of 61 apartments, commercial space and rooftop gardens.

Located on a 0.25-hectare linear site, the plans by Stephen Davy Peter Smith Architects provide for a large development across four buildings, with heights of five to nine storeys and a modern, two-tone brick façade.

The development comprises 61 1-, 2- and 3-bedroom apartments with every home will have dual or triple aspects. The ground floor will have commercial space totalling 14,133 sq. ft. including a café, community space, retail and office space.

KALMARs highlights that there is huge interest in the New Bermondsey regeneration masterplan and the Silwood Street site is a prime opportunity to kickstart this transformation and market to keen buyers.

Sebastian Kalmar, Residential Director at KALMARs, says: “The Silwood Street development opportunity has consented plans for a mixed-use development to create new homes and commercial space in a location that is growing greatly in popularity.

For years South Bermondsey has been overlooked for better-known areas but with improved transport links and the surrounding regeneration plans this area has great potential to outperform neighbouring areas. Silwood Street is a fantastic opportunity for a developer to begin constructing units that are likely to be very well received, high in demand and be a key part of South Bermondsey’s transformation.”

James Barton, Partner at Knight Frank says: “The area surrounding Silwood Street has undergone development and transformation leaving this vacant site a prime opportunity, located alongside historic railway arches. Across South Bermondsey, regeneration is being planned, with the area set to become highly sought-after offering young Londoners a new area to live and work, with Silwood Street set to kickstart this regeneration. We are anticipating a high level of interest for this site.”

Silwood Street is available to purchase with a guide asking price of £4,750,000. For more information contact KALMARs or Knight Frank.
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