Rivernook Farm, Surrey

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
  • Rivernook Farm, Walton-on-Thames, KT12 2ET