It is an access route to the shops on Denmark Hill, bike parking outside Love Walk Café, etc.
The central portion is pedestrianised, and cycling is banned. As of July 2017, there are barriers across it.
Residents of Love Walk have been lobbying Southwark Council since at least 2013 for a pedestrian crossing of Denmark Hill that continues the desire line from Love Walk to Coldharbour Lane. A crossing was shown on Southwark Council plans for the streets around the Camberwell Green junction in 2015.