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£1,950,000

188 Rye Lane, Peckham, SE15

Key Features

  • Price - £1.95M
  • Location - 188 Rye Lane, Peckham, SE15 4NF
  • Size - 9,196 Sq Ft
  • Type - Development

Description

A well-positioned freehold comprises an existing commercial building with accommodation arranged over multiple levels, together with a substantial rear element offering clear scope for redevelopment and intensification.

A number of development options have been positively explored for the site, including 9- and 12-unit residential schemes and an alternative co-living/HMO-led scheme. The 9-unit residential proposal has also received positive pre-application feedback, providing a useful planning basis for a purchaser to take forward, subject to the necessary consents. The alternative studies demonstrate the flexibility of the site and its potential to accommodate a range of residential or living-sector uses.

188 Rye Lane comprises a shop and upper parts, currently arranged as ground floor and basement commercial premises (most recently in Sui Generis use) together with residential accommodation to the upper floors.

The existing building extends to approximately 9,196 sq ft (854.31 sq m) GIA, arranged over basement, ground, first and second floors, together with a rear mezzanine - comprising a ground floor shop (44.60 sq m) and rooms to the upper parts (see existing floor plans in the appendix).

The property offers an excellent opportunity for redevelopment and/or refurbishment, subject to planning permission (STPP). The site has the benefit of a positive pre-application response, which has tested the viability of a 9-unit development - see Planning Potential document within data room. The site has also had a prominent local architect review as a coliving scheme, details of which can be provided on request.

The property is offered freehold, with vacant possession available on completion.

Map Location

Property details

Tenure
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Council Tax Band
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Date Posted
2026-09-18

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Listed status, conservation areas and planning constraints for this location are in the full report.

Property Features

Accessibility
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Parking
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Garden
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Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.

Connectivity

Broadband

Fastest speed available at this postcode

1.8 Gbps

Gigabit full fibre · available to 53% of premises

Suitable for

  • 4K streaming on every screen
  • Full-time home working
  • Online gaming & big downloads

Mobile signal

CallsDataEE Good GoodO2 Good GoodThree Good GoodVodafone Good Good

Outdoor predictions; indoor signal depends on building materials.

Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.

Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.

Nearest Schools

Primary

  • Bellenden Primary School265 metresOfsted: Good
    Ages
    3 to 11
    Pupils
    221
    Type
    Community school
  • Rye Oak Primary School374 metresOfsted: Good
    Ages
    2 to 11
    Pupils
    265
    Type
    Community school
  • The Belham Primary School505 metresNo Ofsted rating
    Ages
    4 to 11
    Pupils
    385
    Type
    Free schools
  • St John's and St Clement's Church of England Primary School574 metresOfsted: Outstanding *
    Ages
    5 to 11
    Pupils
    400
    Type
    Voluntary aided school
    Faith
    Church of England
  • John Donne Primary School750 metresOfsted: Good
    Ages
    3 to 11
    Pupils
    405
    Type
    Academy converter

Secondary

  • The St Thomas the Apostle College813 metresNo Ofsted rating
    Ages
    11 to 18
    Pupils
    1,140
    Type
    Voluntary aided school
    Faith
    Roman Catholic
    Gender
    Boys
  • Harris Academy Peckham816 metresOfsted: Outstanding *
    Ages
    11 to 16
    Pupils
    458
    Type
    Academy sponsor led
  • Harris Boys' Academy East Dulwich0.7 milesOfsted: Outstanding
    Ages
    11 to 18
    Pupils
    912
    Type
    Academy sponsor led
    Gender
    Boys
  • The Charter School East Dulwich0.8 milesNo Ofsted rating
    Ages
    11 to 19
    Pupils
    1,389
    Type
    Free schools
  • Harris Girls' Academy East Dulwich0.8 milesOfsted: Outstanding
    Ages
    11 to 18
    Pupils
    809
    Type
    Academy sponsor led
    Gender
    Girls

* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.

Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.

Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.

Amenities

Supermarket

Tesco Peckham Rye Ln Express, London96 metres
Iceland Peckham 2, London463 metres
Tesco Peckham High Street Express, London562 metres

GP surgery

Sternhall Lane Surgery75 metres

Pharmacy

Ropharm Chemist170 metres

Hospital

Dulwich Community Hospital0.8 miles

Green space

Public Park Or Garden248 metres

Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.

The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.

Getting Around

Nearest station

Peckham Rye Rail Station378 metres

Nearest bus stop

Heaton Road40 metres

Typical drive times

Swanley32 min · 13 miles
London (city)20 min · 5.1 miles
City of London (city)17 min · 4.5 miles
City of Westminster (city)18 min · 4.6 miles

Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.

Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.

Flood Risk

From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.

Rivers and the sea

Flood Zone 1Lower risk

Surface water

A 1 in 30 or greater chance each yearHigher risk

These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.

Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

Contact Kalmars Commercial Limited, London

Shad Thames, London, SE1 2YU

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