Plans for a new development above Southwark Tube Station have gained approval. This is a joint venture between developer Helical and Places for London (Transport for London’s property company). It will deliver 429 student accommodation units alongside 44 affordable houses built on site. We want to take a closer look at the plans here. Then, if you want to learn about guaranteed rent in Southwark, you can talk to us.

Green standards

One of the most interesting parts of the project is the development will include a new Bauhaus-inspired block. This will be the student accommodation. It will be high quality, but more importantly, will promote sustainable standards.

Designed by architects AHMM, the project will include new community and retail spaces too. This includes a new community garden. The development will work to provide the highest standards for sustainability. It’s also targeting a 4.5 star Home Quality Mark for the affordable housing provision.

The head of property development at Places for London, Scott Anderson, had comments on the project. He said that it was wonderful having approval for the over station development above Southwark station. With designs to preserve the station’s architectural heritage while also working towards the highest sustainability standards, their plans with Helical will create new housing. They’ll supply real benefits for London.

Scott Anderson also said the teams are proud to be bringing improvements to the local community. This is via new high quality student accommodation and affordable homes. Both will work to lessen pressure on the area’s housing market. Contact us if you need the best services for guaranteed rent in Southwark.

Public realm enhancements

Another detail the development will include is enhancements to the public realm. There will be an increase in active frontages and greenery on the Cut and Isabella Street. Future residents are going to enjoy fast and easy public transport all over the capital because Waterloo and London Bridge will be within touching distance.

Helical’s CEO, Matthew Bonning Snook, also discussed the project. He added that the planning approval is another positive step forward in their JV with Places for London. The site did benefit from planning permission for a 220,000 sq ft office scheme. Even so, they brought forward a more valuable plan at this critical site. It will supply in demand purpose built affordable housing and student accommodation. This is alongside top tier public realm space and substantial advantages for the local community.

A wider programme

The proposals are part of Places for London’s greater housing programme. It’ll offer thousands of homes across the capital. Work has begun on several sites to supply 4,300 homes. More than 1,300 are already complete. Of these, 54% are affordable. If you want guaranteed rent in Southwark for assets, speak to us.

The Southwark development is also one of three initial sites Helical and Places for London are offering as part of the Platinum Portfolio joint venture. At present, a 140,000 sq ft office structure at 10 King William Street is in development. It’s in a supply constrained market in the centre of the City of London. It is due to be complete in December 2026. One other office project of 235,000 sq ft at Paddington is on its way. It’s due to begin early next year.

Cabinet member for new homes and sustainable development at Southwark Council, Cllr Helen Dennis, also made statements. She said they want decent housing for everyone in the borough. They are delighted a project that can provide 44 much-needed council houses has approval to move forward. She’s especially happy that they have a creative solution for the project. What they did is use their planning policies to transform a negative situation into a positive at Styles House.

Guaranteed rent in Southwark for any need

At Guaranteed Rent, we work to keep your rental income protected. At the same time, you get the guarantee that you’ll keep ownership of your property. You won’t need to worry about its condition either; services include management and maintenance, and we’ll be on hand too if you need help.

So, if you desire the highest quality services for guaranteed rent in Southwark, come to us. We are one of the best providers in the city, with decades of experience and relationships with numerous councils.