This major regeneration scheme will deliver 355 private rented apartments under Simple Life London and 228 affordable homes for Newlon. New commercial and community space, gardens and play areas, a cycle hub and pedestrian routes will also be delivered, creating a sustainable and integrated place to live. It is expected to be complete in 2025.
This strategy of securing land and planning before selling and building on behalf of third parties is a core part of Inland’s business model, playing to the team’s strengths of working in partnership and adding value. The deal with Simple Life London at Patchworks is Inland’s largest partnership housing contract secured to date at almost £90 million.
Following demolition of the former Homebase store, construction has now begun on site. Inland Homes Group Managing Director Gary Skinner and Simple Life London Investment and Acquisitions Director Jack Barnet met on site last week ahead of groundworks starting on the first build to rent block.
“We are delighted that construction has begun at Patchworks in Walthamstow, with Inland working in close partnership with Simple Life London and Newlon to transform this brownfield site into a vibrant new community and deliver 583 additional new homes to the area,” said Gary.
“Both partners share our vision of high-quality regeneration and I am excited to see the scheme progress and deliver benefit for the whole community.”
Jack said: “Patchworks is set to become one of our flagship build-to-rent schemes, offering high quality rental homes under our London brand. Having a reliable partner like Inland delivering it gives us assurance and it is exciting to see construction get started.”
Angela Wint, Senior Project Manager at Newlon Housing Trust, said: “Newlon are delighted to be working in partnership with Inland homes on this exciting new development, which will provide a further 228 much needed new affordable homes in Waltham Forest.”
Keep an eye on the Simple Life London for more information on properties and availability dates.