The BeCa, London: A Complete Development Guide

The BeCa is a Farrells-designed apartment building on Old Kent Road in Southwark, part of the wider Ruby Triangle regeneration that is reshaping one of inner London's last major redevelopment corridors into a new residential neighbourhood.

This Banke UK guide covers location, pricing, financing and connectivity. Browse our current UK property opportunities for other options.

Key Takeaways

• Located at 651-657 Old Kent Road, London SE15, in the London Borough of Southwark, Zone 2.
• Developed by Avanton in partnership with Housing Growth Partnership (a Lloyds Banking Group-backed affordable housing investor), designed by architects Farrells.
• 1 and 2-bedroom apartments, with prices reported from around £440,000-£475,000 for one-beds depending on listing and release phase.
• Backed by £92.3 million in development financing from Cheyne Capital, confirmed in February 2026 — a strong signal of delivery momentum heading into completion.
• Part of the Old Kent Road Opportunity Area, a regeneration corridor earmarked for thousands of new homes and long-proposed Bakerloo line extension stations.

Old Kent Road's Ruby Triangle Regeneration

The BeCa sits within the Ruby Triangle, one of several sites being redeveloped along Old Kent Road as part of Southwark Council's long-running Opportunity Area plan — an initiative intended to bring thousands of new homes, new jobs and improved public space to a corridor that has historically been overlooked compared with neighbouring Bermondsey, Peckham and Elephant & Castle. The plan has also long included two new Bakerloo line extension stations for Old Kent Road, though these remain at the planning and funding stage rather than built infrastructure, so buyers should treat that upside as a medium-to-long-term prospect rather than a current amenity.

Design and Scale

Designed by the award-winning practice Farrells, The BeCa takes its design cues from The Sterling Mason in Tribeca, New York — red brick detailing, exposed concrete finishes and loft-style interiors that aim for a warmer, more industrial feel than the glass towers typical of much of London's new-build pipeline. The building rises to around 18 storeys, and listings across different agents and release phases have described the scheme as holding anywhere from around 170 to over 260 apartments, a range that reflects how phased new-build schemes are marketed differently at different points in their sales cycle — worth clarifying directly with the current selling agent for any specific unit.

Pricing

Pricing has varied by agent and release, with one-bedroom apartments generally starting from around £440,000 to £475,000, and two-bedroom homes reported from roughly £690,000 upward. As with any multi-phase new-build development, treat quoted prices as a starting reference point rather than a fixed figure, and confirm the current release and any incentives directly before committing.

Financing and Delivery Timeline

In February 2026, alternative lender Cheyne Capital provided £92.3 million in development financing to the joint venture between Avanton and Housing Growth Partnership to fund construction of The BeCa — a meaningful vote of confidence from an experienced real estate lender partway through the scheme's build-out. Completion has been targeted for 2026 into early 2027 depending on the specific block and listing, in line with typical timelines for a scheme of this scale.

Affordable Housing

Around 40% of homes at The BeCa are designated as affordable housing, reflecting Southwark Council's planning requirements for the wider Old Kent Road Opportunity Area and Housing Growth Partnership's specific mandate as an affordable-housing-focused investor in the scheme.

Amenities

Residents have access to a porter/concierge service, a private fitness suite, co-working space, a games room and communal rooftop gardens and terraces, several with private balconies attached to individual apartments. The ground floor includes a substantial commercial and retail component, reported at up to around 22,000 sq ft across listings, intended to give the building a street-level presence rather than a purely residential frontage.

Connectivity

The BeCa sits closest to Queens Road Peckham and South Bermondsey overground stations, both roughly a 15-20 minute walk away, with Peckham Rye a little further out offering additional National Rail and Overground services. There is no Underground station within easy walking distance today, so residents rely on overground rail and bus links into central London and Canary Wharf until any future Bakerloo line extension stations are actually delivered. The surrounding area sits between Bermondsey, Peckham, Elephant & Castle, Canada Water and Borough, giving reasonably quick access to established shopping, dining and transport hubs in each direction.

What to Check Before You Buy

• Confirm the current release, exact unit count for your block and completion date directly, since figures have varied noticeably across listings and time
• Treat the Bakerloo line extension as a long-term possibility, not a current transport link, when weighing connectivity
• Ask about service charges given the range of shared amenities (gym, co-working space, rooftop terraces, concierge)
• Clarify the leasehold term and any ground rent arrangements, standard practice for this type of London new-build development

Frequently Asked Questions

Where exactly is The BeCa?

651-657 Old Kent Road, London SE15, in the London Borough of Southwark — part of the Ruby Triangle site within the wider Old Kent Road Opportunity Area.

What's the starting price?

One-bedroom apartments have generally started from around £440,000-£475,000 across listings, with two-beds from roughly £690,000.

Who developed The BeCa?

Avanton, in partnership with Housing Growth Partnership, with architecture by Farrells. Cheyne Capital provided £92.3 million in development financing in February 2026.

Does The BeCa have a connection to Silkbank Wharf?

No. Silkbank Wharf is an unrelated residential development in Salford, Greater Manchester, with a different developer. The BeCa is a standalone Southwark, London scheme and the two share no ownership, developer or site connection.

Why Choose Banke UK?

Banke UK helps investors weigh emerging London regeneration schemes like The BeCa against other current opportunities across the capital and the wider UK. Browse our current UK property opportunities to get started.

Conclusion

The BeCa is a genuinely well-backed Old Kent Road scheme, with fresh institutional financing behind it, Farrells-led design and a meaningful affordable housing commitment, sitting inside a regeneration corridor that has been earmarked for major change for years. As with any Opportunity Area scheme, the eventual Bakerloo line extension is worth factoring into a long-term view rather than treating it as a near-term amenity — confirm current pricing, unit availability and completion status directly given how much detail has shifted across listings.

Market references: Buildington, "THE BeCa - New Development - Old Kent Road, London SE15"; BCLP, "Cheyne Capital advised on the £92.3 million development financing of The BeCa residential scheme in Southwark, London"; RWinvest, "The BeCa, Luxury Property In London"; 1newhomes, The BeCa London listing; thebeca.co.uk official development site. Prices, unit counts and completion dates are indicative, vary by listing and release, and change with developer updates. This article is for general information only and does not constitute financial advice.