Old Kent Road Scheme Switches from Flats to Student Accommodation

9/6/23

Regal London has amended plans for its Old Kent Road residential scheme in London and will now create student rooms and affordable homes. The developer has also proposed additional commercial and community spaces within the plan. The build location will be opposite the proposed new Bakerloo Line station and includes over 900 student bedrooms and 220 affordable homes.

The scheme will bring 600 sqm of commercial and community areas to the development across four buildings. Regal has purchased the site, and public consultation has taken place. They will submit plans to Southwark later this year.

Regal London Co-Founder, Simon De Friend, said: "This is a fantastic prospect in the middle of the Old Kent Road Opportunity Area. As an agile developer, we have recognised that high-quality student accommodation has the potential to enable the delivery of a significant quantum of affordable housing, thereby unlocking this challenging site."

Old Kent Road will be Regal London's second purpose-built student accommodation following The High Society project in Brent. Permission has already been granted for the energy-efficient 349-room build on High Road, Wembley. Regal says the revised scheme is better aligned with local market needs.

IMAGE: Regal London - The scheme includes over 900 student bedrooms and 220 affordable homes