BERMONDSEY, LONDON, SE16

Cleared vacant site measuring approximately 0.61 acres. Planning has recently been submitted for 61 units: 23 x 1 bedroom, 30 x 2 bedrooms and 8 x 3 bedrooms with a Net Sellable area of c.42,000 sq.ft. and c.14,130 sq.ft. of flexible commercial space (b1a, b1c, a1 and a3).

We estimate the GDV of the scheme to be c.29M based on achieving £675 PSF on the private residential (£195 PSF on the LAF and £485 PSF on the Intermediate) and £350 PSF on the commercial space. The expected build cost of the scheme is c.£15M.

ALLIED PROPERTY INVESTMENTS (LONDON) LIMITED

49 WELBECK STREET, MARYLEBONE, LONDON, W1G 9XN

+44 (0) 20 7486 9000

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