Summary - Albany House, Portslade Road, LONDON SW8 3DJ
1 bed 1 bath Commercial Development
Ready-to-deliver redevelopment near Vauxhall regeneration, ideal for investors or developers.
Freehold site with full planning permission (ref: 2023/4592)
Albany House offers a rare freehold redevelopment with full planning consent for a six-storey plus basement mixed-use building (ref: 2023/4592). The consented scheme delivers flexible commercial floorspace across five levels and a single three-bedroom duplex with private roof terrace, totalling 5,743 sq ft on a compact city plot. Its location adjacent to Heathbrook Park and within easy walking distance of Queenstown Road, Wandsworth Road and Vauxhall provides strong commuter and worker catchment.
This opportunity will suit developers or investors seeking ready-to-build, consented stock in a regeneration hotspot. The consent already accounts for cycle storage, refuse facilities and roof plant, reducing pre-construction design risk. The area benefits from ongoing Vauxhall/Nine Elms regeneration, proximity to new commercial occupiers and a mixed residential population of tech and professional workers.
Buyers should note material constraints: the plot is small and tightly constrained, Section 106 contributions of £21,000 apply and CIL liability is to be confirmed; these will affect total development costs. Local crime is above average and local broadband speeds are only average — factors to consider for tenanting and management strategies. Overall this is a planning-secured, central London redevelopment with clear delivery potential but requiring an operator comfortable with urban constraints and modest additional contributions.
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