Henley To Deliver To The River

In partnership with development firm Chartway Partnerships Group, Henley Investment Management has secured funding to deliver 162 new homes, in Ebbsfleet near the Thames in Kent.

This joint venture will see the construction of a mix of purpose-built rental properties and affordable housing. There will also be a working arrangement with Packaged Living, a sustainable living specialist backed by Aviva Investors. There will be 121 high-quality single-family rental homes. Moat, a housing association in the South-East, will acquire the remaining 41 plots to provide much-needed affordable housing options.

Planning consent has been granted for the 7.5-acre development, with construction commencing immediately and targeting completion by Q4 2026. The project boasts a gross development value of approximately £80 million.

 

Thermal efficiency

Continuing the partnership’s focus on creating sustainable communities, the new development will offer energy-efficient homes designed to minimise ongoing energy usage and therefore costs. All homes in the portfolio will use air source heat pumps and electric-only energy solutions, rather than gas-powered alternatives. The Whitecliffe development will also feature electric vehicle charging for every home, as well as wastewater heat recovery systems, photovoltaic panels and battery storage, to help improve efficiency.

 

1,700 homes

These new homes become part of the wider Alkerden Village scheme, envisioned as a vibrant community with approximately 1,700 homes. Residents will enjoy a central market featuring a supermarket, gym, nursery, primary school and secondary school,  all located within walking distance.

The village is 10 minutes from Ebbsfleet International Station which offers direct links to London St Pancras and Stratford International in less than 20 minutes. Bluewater shopping centre and surrounding areas are also easily accessible via the new Fastrack bus service.

 

Ian Rickwood, chief executive, Henley Investment Management, says: “With detailed planning consent secured, we can no get on and fill demand for new homes.

Peter Nelson, a director of Henley Camland, says: “This transaction is an important milestone for the ongoing development of the site as a different type of housing tenure is available.”

Steve Cresswell, group CEO at Chartway Partnerships Group, says: “At Chartway, our vision is clear – to deliver new homes for everyone. Collaborating with Packaged Living and Aviva on this flagship project in Ebbseflet, Kent, reflects our commitment to this mission. This partnership not only represents the development of high- quality new homes but also the delivery of an inclusive and sustainable community.”

Jonathon Ivory, CIO at Packaged Living says: “We’re pleased to welcome Chartway Group to our growing stable of house building delivery partners. As locations go, Ebbsfleet is straight out of SFH central casting; employment, schools, transportation, greenspaces and retail (incl. the butcher, baker and candlestick maker!) all featuring strongly. By the end of this year we shall be managing the homes of over 600 families with another 1,000 heading our way!”

 

Picture: The Alkerden Village scheme in Ebbsfleet.

Article written by Cathryn Ellis
25th June 2024

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