LGL acquires Hardess Yard in Brixton

We have acquired Hardess Yard for £8.8 million in partnership with Mitheridge Capital Management, where we intend to repurpose an underutilised industrial site into a sustainable urban community.

This project is part of the next phase of LGL: developing institutional-scale mixed-use urban communities with a focus on co-living. We believe that co-living brings a vital element of community and convenience into the challenged UK housing market.

Hardess Yard was chosen due to its proximity to Brixton and Loughborough Junction station. Future residents will have access to a wide array of great local offerings as well as quick transport into central London.

Managing Partner of Mitheridge William Yerburgh said: 

“London desperately needs more homes. We believe strongly in an approach to housing provision that is affordable but also enhances the character and vibrancy of local communities. Our partnership with London Green will show that new housing provision can deliver for everyone.”

Daniel Rastegar, Investment Director at Mitheridge said: 

“We are excited to work with LGL to deliver a scheme that will contribute positively to this area of Lambeth, both by providing highly sustainable, high-quality homes as well as new industrial space for SMEs.”

Harry Green, Director at LGL said: 

“This represents yet another opportunity to develop an underutilised site into a mixed community of sustainable homes and workplaces. We look forward to working with leading consultants and contractors to deliver the vision that we share with Mitheridge Capital Management”.