We are pleased to announce that we have acquired 21 new homes in Silwood Street, Bermondsey.
The development by Featherstone Homes is a mix of eight shared ownership and 13 general needs and scheduled to be completed by December 2024.
There are 61 apartments in total, as well as a commercial space and the development is set to transform a vacant site next to the historic railway arches, kickstarting a wider regeneration of the new Bermondsey neighbourhood.
Yinka Bolaji, Executive Director of Development & Property at Wandle said, “Wandle exists to provide affordable and high-quality homes to those who may not otherwise be able to afford a home at market rent or price.
“It’s an exciting time for us to be involved in the regeneration of South Bermondsey, as there is Government funding for a new underground station – New Bermondsey, which will be located between Queens Road Peckham and Surrey Quays, with the first journey scheduled for 2025.”
The New Bermondsey regeneration masterplan will transform a 30-acre industrial site into a new neighbourhood of new homes, shops, sports facilities, a sociable piazza and cycle paths.
Rowan Stewart, Director at Featherstone Homes said, “We are really pleased to have exchanged contracts with Wandle Housing Association. At Featherstone Homes we like to work with likeminded companies who are always looking elevate to the next level. This is our second scheme with Wandle, and we are looking forward to more in future, thank you to everyone for their efforts to get this exchanged”.
We will be posting updates about the development throughout 2024.