Land at Maygood Street N1
Buyer: Islington Council
- Published
- 2 October 2025
- Estimated value
- £60,000,000
- Place of performance
- UKI
- Lots
- 1
- Notice number
- 061795-2025
- Reference
- ocds-h6vhtk-05a3fc
- Official source
- Official source
CPV codes
- 45000000Construction work
Description
Site - Land at Maygood Street is council owned and, subject to consent from the Secretary of State for change of use from education, has potential for the development of new homes. The site is located on Maygood Street in the Barnsbury Ward. It is situated in a predominantly residential area next to the Old and New Barnsbury Estates and the Half Moon Crescent Estate. It has excellent transport links and access to local amenities which make is suitable for residential development. Scope - The council is seeking a delivery partner to develop a planning compliant 100% housing scheme (50% affordable, 50% market) on the Maygood Street site. The council's risk will be limited to the value of the land. The council seeks to ascertain if this opportunity is of interest to the market. Type of agreement - The agreement will either be a Development Agreement or land transaction (Agreement to Lease) Length of lease - Length of lease will be 250 years. Estimated value - Seeking to maximise a capital receipt for the land. The total scheme costs are estimated to be in the region of £60m. Procurement route - Via open tender (Competitive Flexible Procedure) The contract will be procured using the co…
Official publications
- FTS · 061795-2025 · 2 October 2025
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £60,000,000.
- Who is the buyer of this tender?
- The contracting authority is Islington Council (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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