East Thames has secured planning permission for a new affordable housing development on Sutherland Road, Walthamstow, building on the huge success of its Papermill Place development.
The new scheme, made possible thanks to £1.6m funding from the Mayor of London, will provide 59 new homes in four separate buildings, along with parking, shared communal gardens and a health centre. The development will offer affordable home ownership to local residents, with 43 of the properties available for shared ownership. The remaining 16 homes will be available for affordable rent.
East Thames has worked with architects Levitt Bernstein, CMA Planning and Waltham Forest Council on the scheme which will provide much needed affordable housing for the Borough’s residents. It builds on the success of East Thames’ Papermill Place scheme, which already houses 343 residents. This latest phase will bring new amenities to the community and further regenerate the Blackhorse Lane area.
East Thames Director of Development, Sales and Asset Management, Trevor Burns, said:
“We are thrilled to have received planning permission for this development. East Thames has been working with Waltham Forest Council on plans for this site since 2012. We are excited about the improvements this new scheme will bring for the area’s existing residents, providing much needed new homes and a doctors’ surgery.”
Councillor Khevyn Limbajee, Cabinet Member of Housing, said:
“The Blackhorse Lane area of the borough is going through significant change and regeneration and this development will help build on its reputation as a great place to live. It’s important that we work with partners such as East Thames to help deliver affordable homes for our residents to meet the growing need.”