Sylvan Square
Development opportunity for sale

Development opportunity for sale

07/07/2021 by Buildington
KALMARs and CBRE have launched to the market a residential-led, mixed-use development opportunity in Southwark with a GDV of over £100M.

Sylvan Square site is available to purchase freehold for investment, or open to Build to Rent or Purpose-Built Student Accommodation proposals through KALMARs or CBRE.

The vacant 0.64 acre site within the New Bermondsey regeneration area has resolution to grant planning permission for 219 homes, of which 160 will be private sale, including 35% for affordable use. Every home will have a private balcony and residents will benefit further from 5,800 sq ft of communal private roof gardens and a beautifully landscaped public garden square. The mixed-use development also comprises of 32,000 sq ft of commercial space.

The development is set to raise the bar in carbon reduction for tall buildings with an innovative energy strategy that provides 69% less carbon emissions and a 32% reduction in residents’ energy bills.

The site is just a moments’ walk from Queen’s Road (Peckham) station with access to National Rail services towards London Bridge. New Cross Gate station is also within walking distance and provides further access to the London Overground network. The upcoming New Bermondsey overground station, to be delivered by TFL by 2025, will be just 500m from Sylvan Square.

As part of a wider master plan, surrounding large scale regeneration, local amenities, design, and existing connectivity, Sylvan Square would be very well suited for Build to Rent (BTR). The private apartments comprise studios, 1, and 2-bedroom apartments appealing to individual young professionals and professional sharers. With 42% of Southwark’s population aged between 20-39 years old, estate agent KALMARs highlight this is the market for a new BTR scheme.

Sebastian Kalmar, Residential Director and Development Consultant at KALMARs commented: “This is a truly special development site, offering a blend of living and working space on a unique scale. Alongside superb design, the development team have worked hard to deliver exceptional green credentials that will appeal to developers, investors, and future residents alike. Sylvan Square is a fantastic opportunity, either as an investment purchase or development opportunity, within an area of London experiencing an exciting evolution. With potential for BTR or PBSA, Sylvan Square is a development opportunity not to be missed.”

Jonathan Allen, Residential Development at CBRE added: “Sylvan Square is in the prime position to capitalise on the surrounding areas increasing popularity and capture a new wave of growth. Sylvan Square has been designed with Environmental, Social and Governance (ESG) at its forefront and is set to be a leader in this field. Its eco-credentials appeal to both investors and occupiers, who are now more than ever motivated by developments offering a more positive social impact.”

Sylvan Square is available to purchase with the guide price available on request. Site viewings are by appointment only. Contact CBRE or KALMARs for more information.
Show all news for Sylvan Square