The Asset at a Glance
Our extensive community engagement played a significant part in ensuring we had strong local support for the scheme which will provide much needed private and affordable homes in an attractive setting.
- Investment Theme
- Residential
- Purchase Date
- May 2015
- Purchase Price
- £5.5m
- NIY
- N/A
- Fund
- Palmer Capital Development Fund III
- Features
- 21 acre site which achieved planning consent for 83 residential units with 41% affordable housing
- Freehold of the site was sold in May 2017 for £16.5m to Bellway Homes two years after the site was purchased
- Purchase Rationale
- Previously developed land in green belt
- Proposed replacement of existing footprint with resi uses
- Attractive Surrey commuter location
- Location
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- Rivernook Farm, Walton-on-Thames, KT12 2ET
