Estimated Value
Up to £60,000,000
Deadline
Not specified
Published
29 September 2025
Type
Not specified
Full 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 competitive flexible procedure in a two-stage process
comparable to the restricted procedure. The first stage will involve assessing organisations
through a Procurement Selection Questionnaire (PSQ), with all submissions subject to minimum
requirements as stated in the PSQ. The second stage will be an evaluation of tenders submitted
by bidders who are selected at the PSQ stage.
Site visits
No site visits offered.
Submission Instructions
requirements as stated in the PSQ. The second stage will be an evaluation of tenders submitted
Site Viewing
Site visits
No site visits offered.
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Likely incumbents
Suppliers who won similar work from this buyer in the last 5 years.
- 1
Single Homeless Project
£12m
total awarded
- 2
Provide Care Solutions
£13m
total awarded
- 3
Grenville building & decorating contractors limited
2 contracts wonlatest 11 Sept 2026ends 3 Mar 2027£748,000
total awarded
- 4
Alphatrack Systems Ltd
2 contracts wonlatest 5 Mar 2026ends 31 Aug 2026£5m
total awarded
- 5
Whittington Health
2 contracts wonlatest 27 Mar 2025£114,080
total awarded
Single Homeless Project is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.
Before you bid, buyers check
two years of filed accountsyour financial standingturnover vs contract valueyour Companies House recordcash flow for 30-day termscredit scores and ratios
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How to Apply
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Buyer Profile
Islington CouncilKey Dates
Published
29 September 2025
Submission deadline
Not specified
Notice type
planning
Source
find a tender
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