Buildington
Open database of new property developments & buildings in London, UK.
Addiscombe Grove on Pocket Living website at pocketliving.com

Addiscombe Grove on Pocket Living website at pocketliving.com

27.07.2018

Addiscombe Grove

Address:
28-30 Addiscombe Grove, London CR0 5LR
Type:
Residential
Completion:
March 2020
Flats:
153
Viewed:
1334

Description of Addiscombe Grove

Addiscombe Grove is a residential development in Croydon, London CR0.

New Homes For Sale
153 affordable homes with three rooftop terraces.

Pocket Living will have 112 one-bedroom apartments in this exciting 21-storey development, prioritised for people who already live or work in Croydon. Optivo will deliver the remaining homes as 41 Shared Ownership apartments.

The development will be delivered using modular construction, a process in which the building is constructed off-site using the same materials and designed to the same codes and high standards as conventionally built facilities, but in a quicker, less disruptive manner.

The scheme is set to complete in March 2020.

History

2018 February - Permission granted for: Demolition of existing buildings including parking garage and redevelopment of the sites for a part 9, 20 and 21 storey building comprising 153 residential dwellings (Class C3) and a single storey sub-station; hard and soft landscaping, cycle and car parking facilities; plant areas and other ancillary works. Croydon Council 17/02680/FUL.

Connected Companies

Developer:
Sales:

News: (2)

Shadow Housing Minister and Croydon Central MP broke the ground for 153 new homes (100% affordable) at Addiscombe Grove CR0 yesterday. 112 of them are for Croydon's first-time buyers, available through Pocket.

07/08/2018 10:18 by Buildington

Optivo has agreed a deal with Pocket Living to deliver 100% affordable housing instead of the initial 12% at the Addiscombe Grove development in Croydon.

The scheme is set to complete in March 2020.

Optivo's Chief Executive, Paul Hackett, commented: “We’re really excited to have signed this deal with Pocket Living and are looking forward to delivering much-needed homes in the borough. At Optivo, we’re passionate about playing our part in tackling the housing crisis. So we’re thrilled to be delivering new homes within this amazing scheme at Addiscombe Grove.”

Marc Vlessing, Pocket Living’s CEO, added: “Pocket Living is proud of its commitment to affordable housing. We chose to partner with Optivo because they share this vision. Where other developers may try to minimise affordable housing delivery, we continue to look for new ways to maximise it.

“Thousands of hard-working young people are currently struggling to gain a foothold on the housing ladder in Croydon. Our development on Addiscombe Grove represents a significant long-term investment in the borough’s affordable housing provision and will provide a range of genuinely affordable homes for local people.”

Joseph Wicking said: “I chose to speak at the planning committee for Addiscombe Grove because I wanted to share the demoralising experience of being a hard-working Londoner with no prospect of buying a home in the Capital. I saw the opportunity to make a difference to my community by speaking directly to Councillors on this issue.

“I’m therefore delighted that this scheme from Pocket Living and Optivo has the green light – it will make a real difference to local Londoners like me who would otherwise have no chance of getting onto the housing ladder.”

Deputy Mayor for Housing and Residential Development, James Murray commented: “The Mayor is determined to help first-time buyers in London who are struggling to afford a home, so 100 per cent genuinely affordable developments like this play a crucial role. Turning London’s housing crisis around won’t happen overnight, but innovative off-site construction can help deliver the housing we need fast.”

26/07/2018 19:12 by Buildington

*DISCLAIMER! Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.

New London developments on Buildington - monthly update

New Developments