2 Varcoe Road, Bermondsey SE16

Key Details

Status
Recent Transactions
Type
Development

Overview

  • Freehold development site with planning permission for a new mixed-use scheme sold to housing association by way of a package deal 
  • Property was located in the popular Bermondsey area, and is just 0.5 miles from South Bermondsey station that providing direct trains into London Bridge in just 5 minutes
  • The planning permission granted the demolition of the existing buildings and erection of a new 9 storey building comprising of 74 residential apartments (37 x 1 beds / 34 x 2 beds / 3 x 3 beds). In addition, a new 288sqm (3,100sqft) GIA ground floor commercial unit (B1 Business).
  • Henshall & Partners were proud to facilitate this substantial package deal which exceeded £20,000,000 in value
  • The scheme will be delivered as a 100% affordable scheme with a mix of shared ownership, affordable rent and social rent properties 

For full details please download the property brochure.

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