Newport Street residential development

Regeneration of a very compact and disused site in Southwark, London with a new 'boutique' cluster of contemporary apartments for private sale featuring wonderful roof top views towards the Houses of Parliament

STATUS
Completed
COMPLETED
2008
VALUE
£1.2m

When this London SE1 redevelopment site was first presented to us by our client at an auction preview early 2007, it featured a disused single storey public conveniences. It was considered by many bidders to have little or no development potential. However, in view of neighbouring property densities and uses, we believed that a compact 5 storey apartment building and roof terrace was feasible and would have strong purchaser interest.

The awkward triangular site, located near to a primary London railway and only 60 square meters in area, required extensive 'optioneering' to gain most commercial value from the very limited floor space. Providing a one bedroom apartment at each level, the building is served by a common stair, and passenger lift. Vertically, the development features a ground floor studio, 3 upper level apartments and a panoramic, fully glazed penthouse. All apartments have access to the communal roof terrace giving views to the Houses of Parliament and central London.

The building has been designed to minimise energy use and reduce diurnal (night & day) and seasonal temperature fluctuations. Metered hot water and heating are provided from high efficiency gas boilers within the central basement plant room. Wall cavity, roof insulation and draught free triple glazing throughout exceed statutory heat loss requirements by a factor of 2.

During practical completion, all apartments were sold within 2 weeks of being brought to market.

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