Approval for 58 new affordable homes plus student halls

Share this post:

Planning permission has been granted for a scheme that will deliver 58 new affordable homes alongside accommodation for students on Ilderton Road.

All 58 of the new homes to be built on site will be affordable homes including 41 at social rents

The development, at 313 to 349 Ilderton Road, was giving the green light by Southwark Council’s Planning Committee last week.

The proposal includes two buildings, one up to 13 storeys in height and the other 15, as well as commercial space at ground level.

One part of the scheme will provide accommodation for around 250 students and will be managed by the University of London. The other part will deliver 58 new homes, all of which will be affordable housing, including 41 at social rents. The new homes include 12 family-friendly, three-bed units, at least eight of which will be for social rent.

The development, which involves the demolition of an existing commercial and distribution complex, will provide much needed affordable housing alongside more than 1,500 sqm of light industrial workspace. Ten per cent of the workspace will also designated as affordable workspace, which will be fitted-out by the landlord.

The scheme is car-free (save for three accessible parking spaces), net carbon neutral and includes a new play area for children.

Since 2015, planning permission has been granted for more than 8,000 new homes in the Old Kent Road area, 38 percent of which is affordable housing. 

In total, 20,000 high quality, new homes are due to be built in the Old Kent Road area as part of the regeneration programme. 35 percent of these (around 7,000) will be affordable homes including 5,000 at social rent.

Read more about the benefits of regenerating Old Kent Road

A recording of the 6 January Planning Committee is available on the council’s YouTube channel.

Sign me up!