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No longer on the market

This property is no longer on the market

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3 bedroom terraced house

Featured
Terraced house
3 beds
2 baths
1556
Added > 14 days

Key information

TenureLeasehold | 971 yrs left
Service charge£5,807.29 per annum
Council taxAsk agent
Mobile signal
EEO2ThreeVodafone

Features and description

  • Two adjoining development units
  • Approx. 1,793 sq ft and 1,552 sq ft
  • Basement, ground & first floors
  • Potential to combine into one dwelling
  • Warehouse-style conversion opportunity
  • Long leasehold approx. 972 years
  • Commercial EPC rating C
  • Flexible investor or end-user use
  • Prime SE1 central London location
  • Strong development and value potential
Set within the heart of SE1, this exceptional development opportunity at Lagare, 51 Surrey Row, offers a rare chance to create one or two bespoke warehouse-style residences in a highly sought-after central London location. Comprising two adjoining units, the properties are available individually or as a combined acquisition, providing outstanding flexibility for developers, investors, or end-users seeking a signature London conversion project.

Currently arranged as two substantial office buildings, each unit is configured over basement, ground, and first floors, offering generous internal accommodation of approximately offering generous internal accommodation of approximately 1,784 sq ft and 1,556 sq ft respectively. The existing layouts provide a strong architectural foundation for conversion, with excellent proportions and scope to reimagine the spaces into striking, design-led residential homes.

There is clear potential, subject to the necessary planning consents, to combine both units into a single expansive dwelling. This would create a truly unique lateral home of significant scale in central London, ideal for luxury loft-style living with dramatic architectural impact.

The properties are held on a long leasehold with approximately 972 years remaining and benefit from a recently issued Commercial EPC rating of C, offering long-term security and strong underlying asset fundamentals.

Perfectly positioned in a well-connected and increasingly desirable location, the property benefits from excellent access to both Waterloo and Southwark, placing the South Bank, Westminster, and the City of London within easy reach. The surrounding area is known for its creative energy, cultural institutions, and strong regeneration appeal.

This is a rare opportunity to acquire a flexible and high-potential conversion scheme in one of London’s most dynamic central districts, offering significant scope for value creation through design-led redevelopment.

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Area insights

Renovation potential
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Crime score
Average
Home prices (avg)
3 bed terraced houses
£1,140,355

About this agent

Ernest-Brooks International - Canary Wharf
Ernest-Brooks International - Canary Wharf
The South Quay Building, 77 Marsh Wall Canary Wharf E14 9SH
020 3544 5717
Ernest-Brooks set the benchmark as an award-winning international estate agency, offering specialist services to owners, occupiers or investors within London & UK property markets. With offices throughout London plus four global offices, we can ensure maximum exposure for our clients assets, allowing us to provide an unrivalled service based on honest and direct industry knowledge. Our forward-thinking & disruptive marketing strategy gets your property in front of a vast audience both locally and internationally whilst maintaining a competitive advantage. We assist our clients making informed and guided decisions with a strong proven track record.
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