Weston Homes invests €37.8m in Epping resi development (GB)

Weston Homes invests €37.8m in Epping resi development (GB)

Weston Homes has exchanged contracts to aquire a 10.36 acre site in the village of Thornwood in Epping with plans to build Thornwood Park, a new €37.8m (£33.5m GDV) high quality residential development providing up to 62 new family homes complete with gardens, landscaping, community orchard, parking and circa 4.7 acres of public open space in the form of a pocket park. The deal to purchase the Thornwood village site, located off High Road, is subject to planning which has been granted (Resolution to Grant Outline Planning Permission) and allows for the demolition of existing buildings on the site followed by a new development of up to 62 new Homes (inclusive of 40% onsite affordable housing). 

 

It is envisaged that the new scheme will consist of two, three, four and five bedroom family houses with gardens and landscaping, designed around winding streets and crescents. The orchard and pocket park will give Thornwood Park a leafy and green ‘garden suburb’ ambience and provide the new address with an abundance of green open space for relaxation and leisure. The site is currently occupied by redundant residential property, outbuildings and a clay pigeon shoot facility. 

 

Bob Weston, Chairman and Manging Director of Weston Homes said: “The acquisition of the Thornwood village site in Epping will enable Weston Homes to deliver a new residential scheme of family houses perfect for first time buyers, young couples and families. This new development in the London commuter region is part of our ongoing major growth and expansion. The business has a highly diverse range of developments across London and the South East, including traditional housing and major landmark mixed use schemes.”

 

New development design features include biodiverse roofs and brown roofs, ground and podium landscaped areas in order to maximise green open space and planting, buildings electric powered using 682 PV panels sited on rooftops and parking bays having access to electric vehicle charging points. 

 

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