The report by consultant BDP was commissioned by the council following continued pressure from Deptford residents and local groups, and the 'Give us back our bloomin' anchor!' petition by Deptford Is Forever/Deptford Society which attracted more than 4,000 signatures.
The cost of returning the anchor - which is currently being stored in a shed in Convoys Wharf - is estimated by the report to be approximately £24k. This would include cleaning the anchor (which since being put in 'secure' storage now has graffiti on it ) and creating an area of contrasting paving around it to prevent visually-impaired people from walking into it.
The BDP report considers other options for relocating the anchor, including Giffin Square, but concludes that the south end of the high street is the most feasible.
The report comes before the mayor and cabinet meeting next Wednesday. Council officers have recommended agreement to the return of the anchor; they also suggest that crowd funding be used to raise at least some of the cost of doing so.