Lewisham Council took an important step forward with plans for Ladywell Park Gardens recently. They chose to appoint Higgins as the main contractor for the redevelopment. We want to have a closer look at the project and what it will mean for the area here. Then, if you want some assistance with assets and guaranteed rent in Lewisham, you can rely on us.

Long term redevelopment

The site in question was formerly Ladywell Leisure Centre. It was a fantastic community asset, but became obsolete when the incredible Glass Mill Leisure Centre opened in 2013. As a result, the council chose to demolish it in 2014 and redevelop the site.

A block of housing was installed at the front of the site a decade ago. The idea was for it to only be temporary, moving in the future to allow redevelopment of the whole site. However, a later check found that it would not actually be possible to dismantle and move it. So, the plans have changed, focusing on developing the rear of the site.

Proposals for four new blocks on Ladywell Park Gardens got planning permission in 2023. Since then the council has been looking for a contractor to build them. Higgins will have that task now. They were chosen because they have a great record with regenerations like this that aim to improve the area for the local community.

Project details

As a top provider of guaranteed rent in Lewisham and other useful services, we keep an eye on developments across the city. The Ladywell Park Gardens project is interesting because it continues the Council’s push to deliver more new homes for households on their housing register and first time buyers.

The next stage of the development will create 102 apartments in the four new blocks. Of those, 47 are for social rent. The remaining 55 are for shared ownership. Ultimately, all homes on the site will be affordable. A major focus here is to ensure the homes cater for a mix of tenures. It will help to create a diverse and inclusive community.

As well as new homes, the project will create a new public garden at the heart of the site. It will provide a fantastic space for the wider community to come together. Families will love the fact there is secure space for children to play.

Exploratory and prep work on the site is now underway. The estimate is work can progress over the next few years. Ultimately, the goal is to finish by spring 2028. Residents will then be able to move in.

Guaranteed rent in Lewisham and other parts of London

There are plenty of wonderful areas for investors in London, including options for any kind of strategy. If you’re targeting students, locations close to universities and transport links are ideal. Or, if you want to focus on couples or families, you can find spots with good schools and parks.

Whatever you decide, we can give you fantastic services. We specialise in guaranteed rent, working with councils in all parts of the city. They are a reliable way to secure your cash flow and provide other benefits too, such as convenience and value for money. Even more, the arrangement helps local people and supports communities.

So, if you want to arrange guaranteed rent in Lewisham or other locations, speak to us. We can answer your questions and show why it is an ideal service.