Plans for almost 300 new homes on Old Kent Road

When you are a landlord, it is possible to use your property to gain an income. One thing that can happen here though is you experiencing void periods. This is when you don’t have people living in your properties for long periods of time. Ours is a team that can help. To do so, we offer the best services for guaranteed rent in Southwark. They ensure you receive your rent even when you don’t have tenants in your building.

A development in multiple phases

Guaranteed rent SouthwarkNew plans could lead to the construction of almost 300 homes off Old Kent Road. The planning application of Phase Two for the redevelopment of Peckham’s Tustin Estate has been submitted. If it gets approval, it would create the housing as well as a new primary school building.

Envisioned in four phases, the entire scheme features 250 shared equity properties for returning leaseholders and replacement council houses. Moreover, there will be 220 extra council houses for social rent and key worker homes. This is as well as 220 houses for sale.

Furthermore, the plans feature a central park and refurbishment of current council homes. Lastly, there is going to be a minimum of 1,800 sqm of commercial floorspace and a replacement structure for Pilgrims Way Primary School.

Phase Two

The most recent phase provides 295 homes at the east of the Estate. There is a mix of one, two, and three-bedroom flats, and maisonettes across four buildings. They offer 144 private tenure homes and 151 affordable ones.

Taking inspiration from the estate’s history, two of the structures, which flank the Tustin Common park area, will be light grey and green brick. As for the others, there is a mix of pink and red brick referencing the industrial past of area. Also, it defines the Ilderton Road character area. Contact us if you need the foremost services for guaranteed rent in Southwark.

Homes on site

With the 167 homes that make up Phase One, they are currently on site. Completion is expected in 2025. As for the entire project, the aim is to finish in 2030. Following from this first phase, there will be work on upgrading and renewing the estate’s public spaces.

Developers say that Phase Two’s core aim is to generate a quality building design that complements Phase One. It will also create a lively community-focused redevelopment. This is whilst guaranteeing efficient building design.

Since planning permission for Phase One and the outline masterplan was given, Bouygues UK was named Development Partners with Southwark Council. They will act as both developer and contractor for all phases. The dRMM-led design team includes architectural collaborators McCloy + Muchemwa and structural engineers Shockledge. There is also landscape architects Exterior Architecture and sustainability consultants XC02.

A great final thing here is the project had broad engagement with the local community. The aim was to ensure it would suit the current estate and benefit locals.

Come to us for reliable guaranteed rent in Southwark

At Guaranteed Rent, we provide clients with the most reliable services available in London. With us, you will have an unrivalled combination of organisational and financial benefits. This comes at no cost to you either. You will be able to protect your income and retain ownership of all your buildings.

So, give us a call if you want to experience the leading services for guaranteed rent in Southwark. We arrange them for all kinds of clients, catering for a variety of different portfolios.