Luxgrove Capital Partners has acquired a new site on Inglis Road in Ealing.
Plans for a high-quality redevelopment that embrace the architectural quality, character and appearance of the surrounding area have now been submitted to Ealing Council.
The scheme proposes nine apartments with private gardens or spacious balconies, and car/cycle parking.
William McKenna, Founding Partner & Executive Director of Asset Management, said: “We’re delighted to play our part with over 60,000 square feet under development across this dynamic borough of London. This project reaffirms the continuation of our focus on delivering high-quality residences in the Borough of Ealing for the 2022/23 year.”
Lachlan Ross, Founding Partner & Chief Investment Officer, added: “We identified Ealing as a market with highly attractive supply and demand dynamics for the residential sector. Over the past few years, we have worked hard to bring forward first-class institutional quality residential assets and we believe our projects have made a positive contribution to the Borough of Ealing. As the projects progressed through the value-add process, we received a number of offers for consented schemes but continued to deliver the schemes regardless. This has resulted in offering to the market well priced high-quality homes. Our focused residential strategy remains one of our convictions and we will continue to invest heavily in opportunities in this sector.”