Willingdon,
Eastbourne
Overview
Sector
Residential
Purchase Date
November 2020
Purchase Price
£4.45m
Strategy
Fiera Real Estate
Opportunity Strategy V
Opportunity Strategy V
Fiera Real Estate was delighted to acquire this rare site of scale to deliver a new high-quality scheme in an area with a significant undersupply.
Property Company
Features
- 16-acre site in East Sussex
- Planning permission received in Q4 2022 for up to 180 residential units and a medical centre
- The sale of the residential element to Vistry completed in January 2023 for £13.93m
Purchase Rationale
- The site is well-located approximately 0.4-miles from Polegate Town Centre, offering future occupants direct access to London Victoria via the local railway station
- Allocated in the local plan
- Significant shortfall in housing in the area
ESG
Community engagement
- Plans include 35% affordable housing provision
Resource use and efficiency
- Site to be sold to housebuilders who are Net Zero ready by 2025
Location
- Willingdon, Eastbourne, BN20 9NU
All Assets
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Rectory Farm,
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Virginia Water,
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Millwrights Place
& Coopers Court, Bristol
Trade Street Gardens,
Cardiff
The Castings,
Manchester
Maritime Gateway,
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Alicante
PBSA Development
Southampton
Logistics Development
Valencia
PBSA Development
Skyline,
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Watford Works,
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RISE,
Hemel Hempstead
Claverings Industrial Estate,
Edmonton
Opus 49
Avonmouth, Bristol
Planetary Road,
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B&Q Portfolio
Aston,
Birmingham
Asda,
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King Street,
Leeds
Halo,
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Aurora,
Bristol
Xpanse 120,
West Midlands
Urban Crawley,
Crawley
Spark,
Bishop’s Stortford
