£800,000
3 bed terraced house for saleLagare, 51 Surrey Row, London SE1
3 beds
2 baths
2 receptions
EPC Rating: C
About this property
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 1,793 sq ft and 1,552 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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More information
Tenure
Leasehold (971 years)
Service charge
£6,082 per year
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review
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