Willingdon
Fiera Real Estate was delighted to acquire this rare site of scale to deliver a new high-quality scheme in an area with a significant undersupply.
- Purchase Date
- November 2020
- Purchase Price
- £4.45m
- NIY
- N/A
- Fund
- Fiera Real Estate Opportunity Fund V
- Property Company
- Danescroft
- Features
- 16-acre site in East Sussex
- Planning permission received in Q4 2022 for up to 180 residential units and a medical centre
- The sale of the residential element to Vistry completed in January 2023 for £13.93m
- Purchase Rationale
- The site is well-located approximately 0.4-miles from Polegate Town Centre, offering future occupants direct access to London Victoria via the local railway station
- Allocated in the local plan
- Significant shortfall in housing in the area
- ESG
Community engagement
- Plans include 35% affordable housing provision
Resource use and efficiency
- Site to be sold to housebuilders who are Net Zero ready by 2025
- Location
-
- Willingdon, Eastbourne, BN20 9NU
Related Case Study Media
December 18, 2020
Danescroft submit an EIA for Willingdon
Danescroft submitted an Environmental Impact Assessment (EIA) scoping opinion to Wealden District Council 18th December 2020. This EIA Scoping Report brings together the results of early consultations, site surveys and
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