London & Quadrant Housing Trust has submitted a request for an environmental impact assessment screening opinion for a proposed development comprising "a maximum of 30 residential units arranged over buildings of a maximum of five storeys in height". Details here
There are two sites practically opposite each other on Lynton Road at the Dunton Road end. One is a building site where foundation work is being carried out and the other is 8 Lynton Road,a single storey building with red shutters. Does anyone know what they are building on the first site?
In my humble opinion, if the property was sold in open market / auction then it is all fair and square and the council managed to get the best possible price for the asset.
What I am curious about is the fact that Southwark Council reserved and then sold four sites subject to planning (in reality with FULL PLANNING PERMISSTION)!???????
“G.C. Bankside LLP, a 50/50 joint venture partnership between Native Land and Grosvenor, has acquired four sites totalling 46,000 sq ft for £4 million in the Bankside area of the London Borough of Southwark”