Bermondsey regeneration presents rare opportunity for buyers, with ‘Zone 2 living at a Zone 3 price tag’

Bermondsey Heights

For those hunting prime investment prospects in London, Bermondsey is emerging as a standout contender, according to fresh insights from sales agent JLL. At the heart of this vibrant Zone 2 district’s ongoing regeneration lies Bermondsey Heights, a striking new development by Barratt London in SE15, south of the Thames. With its first homes set to complete in summer 2025, this project offers buyers a rare chance to secure premium city living at a compelling discount.

JLL’s research reveals that Bermondsey Heights commands a price per square foot 21% below Zone 2’s £1,061 average, with 77% of current Zone 2 schemes priced higher than this newcomer.

While Bermondsey’s property values hold firm, homes here sit at a 21% discount to the Greater London average—a potent draw for investors and first-time buyers alike

Yolanda Jacob, Sales & Marketing Director at Barratt East London, captures the area’s allure:

“Bermondsey’s regeneration story is one that has already begun – and further projected investment into the district only bolsters its future success. Bermondsey’s micro-market tells a further positive story, with strong buyer demand thanks to all the advantages of Zone 2 living at an attractive Zone 3 price tag.”

“Homes in regeneration areas typically increase in value faster than other parts of the city, and buying off-plan offers the chance for buyers to lock in today’s competitive prices while still having time to save for other expenses such as furniture or moving costs; this is particularly beneficial for first time buyers. Bermondsey is one-of-a-kind, and buyers purchasing a new home at Bermondsey Heights today will likely reap the rewards from move in day.”

Rising 26 storeys, the development’s flagship tower blends 163 private one-, two-, and three-bedroom apartments with 32 discounted First Homes units for local residents, alongside ground-floor commercial spaces.

Residents will enjoy a suite of amenities, including a lounge, concierge, Pantree service, landscaped courtyard gardens, a roof terrace, and a children’s play area—all framed by sweeping views of London’s skyline.

Sustainability is woven into the fabric of Bermondsey Heights, with energy-efficient appliances, low-energy lighting, a carbon-efficient heating system, solar panels, air source heat pumps powering 70% of the site’s energy, and green-blue roofs enhancing biodiversity.

Nestled in Southwark, Bermondsey places buyers within striking distance of iconic landmarks like Tower Bridge, The Shard, and Borough Market, as well as the eclectic buzz of Peckham’s arts and food scene.

Connectivity is already strong, with South Bermondsey station a 10-minute stroll away and buses aplenty, but the area’s transformation is far from over.

Ambitious plans include the proposed Surrey Canal station—bolstered by recent funding—alongside 3,500 homes, 13 new public spaces, a business district with offices and workshops, a creative-digital hub, and a cutting-edge sports complex.

With one-, two-, and three-bedroom homes starting at £420,000, Bermondsey Heights offers a foothold in a district on the cusp of a bright future.

For London’s property watchers, this is more than a development—it’s a bellwether of regeneration’s enduring appeal.


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