Award-winning developer London Square has sold 70 apartments at its landmark development in Staines-upon-Thames to Kooky, which is part of residential investment specialist Delph Property Group, for £22.1m.
London Square sold an entire block of apartments at London Square Staines Upon Thames, a major regeneration scheme transforming the high street in the historic riverside town. Kooky plans to rent out the apartments. The block is due for completion in Spring 2020.
The £120m development, now 75 per cent sold, features a piazza with retail at street level, with 260 private apartments, all with outside space, in four striking buildings, linked by a central landscaped courtyard garden. There is a 24-hour concierge and an on-site gym, now open. Attractive landscaped areas, a pocket park and children’s playground provide an attractive, green setting. Residents have moved into earlier phases of the scheme.
The town has excellent transport links, with a 15-minute drive to Heathrow airport, a 35-minute commute to London Waterloo and national motorway connections.
The location, impressive transport connections and outstanding quality of our London Square Staines Upon Thames development make this an excellent investment for Kooky and we have been delighted to work with them on this project.
This acquisition reflects our strategy of investing in quality developments in first-class locations. London Square has an excellent reputation for creating successful, sustainable mixed use developments.