Leading brownfield developer and housebuilder, Inland Homes has announced that it has signed a contract with the affordable housing provider, Octavia Housing to develop a 31-unit site in North-West London.
Located in Alperton in the London Borough of Brent, Afrex House will contain 31 one, two and three-bedroom apartments. Afrex House is built on a former light industrial site, with developer Inland Homes stating that the development will “support the broader regeneration of the Alperton area”.
Stephen Wicks, CEO of Inland Homes commented: “Inland Homes has proven credentials in the delivery of turn-key schemes on behalf of partners and this contract, our second with Octavia, is evidence of the sustained demand from industry for these types of schemes – and its confidence in our ability to deliver.
“Our expertise and experience will ensure the commercial viability of this scheme and its success in meeting both local needs and the Borough’s aspirations.”
Inland Homes secured planning consent for Afrex House in March 2019 and have now entered into a £6.5m contract with Octavia.
Commenting on the partnership, Dave Woods, Development Director at Octavia, said: “As a not-for-profit housing provider Octavia is pleased to be working with Inland Homes again, this time on a scheme which will deliver much-needed new affordable homes for rent and shared ownership at an attractive canal-side location in Alperton, an area which is currently undergoing major regeneration.
“Octavia believes in supporting mixed communities in London and in enabling people on lower or average incomes to continue to live close to where they work or have social ties. These homes support this ambition through helping the London Borough of Brent to meet some of their housing needs.”
The demolition of the existing buildings on the current site is expected to commence in April, with practical completion for the project scheduled for July 2022.
Featured Image: Afrex House CGI (image credit Cratus Communications)