Regeneration works are set to begin later this year at Fenwick estate after planning permission was granted for TfL to build 46 affordable homes for more than £15 million.

Lambeth Council will also build on the estate, with a separate planning application submitted for 9 socially rented units and a new community centre on the estate.

TfL is delivering the work as part of an affordable housing planning obligation from road works improvements at Vauxhall Nine Elms, but Homes for Lambeth will manage the units, according to planning documents.

“Under the terms of this obligation TfL will build the homes on Fenwick South which will then be owned and managed by Homes for Lambeth,” the documents read.

The buildings will measure between two and seven storeys high, with a mix of one, two and three bed homes.

Site A will measure six storeys high, with 23 apartments – nine of which will be three-beds, with 12 two-bed and two one-bed apartments and a shared garden.

Site B will be a mixture of three and seven storeys in height, providing 23 units with  seven one-bed, nine two-bed, and seven three-bed apartments.

Site C will measure two and three storeys in height, with nine units. Two of these will be one bed apartments, with two two-bed apartments and a row of five three-bed townhouses. The site also accommodates the new community hall with a total floorspace of 294 sq.m, according to documents.

The work will take place in two phases which will speed up the process, according to the documents.

“Phase 1 would require Site’s A and B (46 new homes) and the temporary works to the boundary wall on Site C to be delivered.

“The remaining development at Site C (9 new homes and a community centre) would then be delivered by Lambeth under Phase 2, with commencement secured within five years of the planning consent being implemented.”

Further development could be granted on the site, according to the documents.

“It is recognised that the phasing strategy also provides an opportunity for

Lambeth to deliver more homes through wider estate regeneration proposal, should this come forward in the future,” the document read.

Both TfL and the Lambeth housing regeneration team were confident the costing would reflect the best value for money and industry benchmarks.

The document continued: “TfL (advised by Mott MacDonald) and Lambeth housing regeneration team (advised by Mace) have over a number of years been involved in costing the Fenwick Scheme. TfL and Lambeth have confirmed that they cannot award or approve a building contract on a scheme which does meet the basic tests of value for money or if costs do not reflect current industry benchmarks.

“Both parties are currently in the final negotiations with contractors in respect of costs and both advisor’s will make recommendations to the respective organisations on the acceptability or not of these costs.”