We are thrilled to have won planning consent for two Croydon residential schemes.
Scarbrook House, an eleven-storey 42-unit scheme on Scarbrook Road in the heart of Croydon town centre was approved, subject to finalising the section 106 and GLA stage 2 sign off, by Croydon Borough Council’s Planning Committee last Thursday. The proposals comprise 13 three-bedroom, 20 one-bedroom and 9 two-bedroom apartments, with at least 10 units made available to lower-income first-time buyers through a shared ownership scheme.
The circa £20m GDV scheme is located in the car park formerly belonging to Green Dragon House, a 1960s office building that Inspired has converted into 119 apartments using permitted development rights.
Inspired has also obtained consent to change the upper floors at Impact House from office to 38 new apartments. The consent also provides the 16-storey former office building with a new residential façade and communal roof terrace on the ninth floor. Located on Edridge Road, Impact House is another Inspired scheme in Croydon and will provide 235 new homes in total. The scheme has an estimated GDV of £89m and apartments are currently available to purchase with prices starting at £304,950.
Martin Skinner, Chief Executive of Inspired Asset Management and Inspired Homes, said: “The scheme realises value from a now redundant car park that is the legacy of the former Green Dragon House office. The new development, Scarbrook House, will add 42 much-needed homes in a vibrant town centre location moments from Matthews Yard and Surrey Street Market, two popular Croydon hubs that are being regenerated for the community.
“Our proposals will provide a beautifully designed contemporary building with large balconies and lots of fenestration. The facade will comprise dark and light brickwork, contrasted with a light rendered grid, while a modern glazed brick design on the ground floor will add an engaging and colourful element to the building.
“We are also delighted to receive our consent for Impact House, which paves the way for the transformation of this iconic building.”