550 new homes delivered for London
06 October 2020
Network has completed a major regeneration project in Ealing and completed another in Lambeth.
The £100million redevelopment of Rectory Park in Northolt and the £70million on the Stockwell Park Estate were both completed in August, delivering a total of 550 new homes with a range of tenures. Network Homes has built a total of 449 homes, an increase of 179 homes from the 270 properties of the old 1960’s estate. 239 homes will be Shared Ownership and London Living Rent and the remaining 210 will be Affordable Rent. Of the 170 tenants on the old estate, over 100 were able to move a single time straight into their new homes.
Network has also delivered a new Community Centre as part of the regeneration and worked with Ealing Parks to deliver an orchard and lake for the new neighbourhood.
Meanwhile, £70 million Thrayle House development at Stockwell Park in Lambeth was also completed in August. The scheme has 41 homes for affordable rent, 20 for shared ownership with 40 apartments for Active Elderly residents being moved from Wynter House, an old sheltered block. Seventy-eight homes are for private sale.
The scheme also includes landscaped communal spaces as well as a community room and resource centre facilities for the benefit of local residents. It also includes three large commercial units.
The development has been built on the site of Thrayle House, a rundown former council owned block built in the 1970s. The old deck access building was in a poor state of repair with abandoned shops and a dark disused undercroft car park. Network Homes has also secured development land in Wembley which has development potential for over 80 new homes.
Network Homes has also secured development land in Wembley which has development potential for over 80 new homes.