London Square has secured the go-ahead for two commuter hotspot schemes in Kingston and Watford – both given the green light at virtual planning committee meetings. These latest schemes follow the award-winning developer’s acquisition in April of the St Michael’s Courtyard site next to West Croydon station.
Our developments in Kingston and Watford continue to reflect our strategy of targeting good locations in Greater London and beyond to deliver new homes for private sale and affordable tenures, with good transport links close to the capital.
The 1.5-acre scheme in the leafy neighbourhood in Crescent Road, Kingston, South-west London, was granted permission at the first virtual planning committee held by the London Borough of Kingston. The site is a riding school, sold to London Square as the owners are relocating the facility to Chessington.
There will be two new villa-style apartment buildings in a tree-lined setting, with contemporary design and sustainability features, including extensive PV panels hidden in the roofs. The scheme will have 52 apartments in total, a mix of one, two and three bedroom units, including 17 affordable homes, with communal gardens and a dedicated play space.
The development is a short walk from Richmond Park, Norbiton station is nearby, with trains to Waterloo in 20 minutes, and shops and restaurants of Kingston town centre are just over a mile away. London Square will start on site later this year.
At another popular commuter destination north of London, London Square was granted planning for 72 new homes, with two studios, 22 one bedroom and 48 two bedroom apartments on the site of a former BMW car showroom in St Alban's Road, Watford acquired last year. The scheme, in the heart of the town and close to shops and transport links - 15 minutes by fast train to London Euston - is designed to blend in with the more traditional lower rise residential homes in the area, with five storeys, brick facades and pitched roofs, plus a secure car park. London Square will start on site in the Autumn.
London Square, which has an outstanding track record for tackling complex sites across Greater London, delivering a mix of affordable, homes for private sale, community facilities and commercial space, is continuing to look for new sites to expand the current land bank from £1.3bn to £2.6bn worth of assets, representing 4,500 homes.
London Square currently has 1,018 homes in production, forward sales of £180m and a land pipeline of 2,356 homes representing £1.3bn in gross development value. The company obtained a new £200m debt facility in 2018, securing the mid to long-term future of the company.