{"id":6473,"date":"2025-12-15T16:05:09","date_gmt":"2025-12-15T16:05:09","guid":{"rendered":"https:\/\/second-home.uk\/?p=6473"},"modified":"2025-12-15T16:05:09","modified_gmt":"2025-12-15T16:05:09","slug":"housebuilder-buys-30m-surrey-site","status":"publish","type":"post","link":"https:\/\/second-home.uk\/?p=6473","title":{"rendered":"Housebuilder buys \u00a330m Surrey site"},"content":{"rendered":"<p>Housebuilder Riverdale Developments has purchased a 26-acre Green Belt site in Sunbury, Spelthorne borough, Surrey from Wates Developments.<\/p>\n<p>The site has a gross development value of \u00a330m, while Knight Frank arranged the sale.<\/p>\n<p>With a long planning history, the site has detailed permission for 38 extra care and 28 close care units, as well as outline planning for 98 extra care units and a care home with up to 60 beds.<\/p>\n<p>Nick Laugharne, operations director in land &#038; residential investment at Wates Group, said: \u201cWe\u2019re delighted to have completed this sale to Riverdale Developments, who share our commitment to award-winning homes and communities.<\/p>\n<p>\u201cThis sale is a great result for the business and demonstrates once again how we\u2019re able to adapt our strategy to generate a strong outcome for the business.<\/p>\n<p>\u201cWe\u2019d like to thank Riverdale Developments and Pyxis Land for their speed and professionalism in getting this over the line and wish them the best of luck with their application\u201d<\/p>\n<p><!--   \t\t  \t\t\t \t\t\t\tgoogletag.cmd.push(function() { googletag.display(\"div-gpt-ad-1715620536068-0\"); }); \t\t\t  \t\t  \t -->  \t <\/p>\n<p>According to Knight Frank, there is further potential for the site to become a residential-led housing scheme of more than 100 units, subject to achieving planning consent.<\/p>\n<p>Nick Alderman, head of central London land agency at Knight Frank, said:\u00a0\u201cIt was a pleasure to facilitate the sale of this important site.<\/p>\n<p>\u201cRecent policy changes designed to ease planning on \u2018Grey Belt\u2019 sites has helped to boost development opportunities.<\/p>\n<p>\u201cGreater London\u2019s housing delivery is significantly behind target, so it\u2019s great to know our advice and the success of this transaction will make a positive contribution to addressing this shortage.<\/p>\n<p>\u201cWe wish Riverdale Developments every success with their venture and look forward to seeing the development progress.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Housebuilder Riverdale Developments has purchased a 26-acre Green Belt site in Sunbury, Spelthorne borough, Surrey from Wates Developments. The site has a gross development value of \u00a330m, while Knight Frank arranged the sale. With a long planning history, the site has detailed permission for 38 extra care and 28 close care units, as well as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6474,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-6473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Housebuilder buys \u00a330m Surrey site - Second Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertywire.com\/news\/housebuilder-buys-30m-surrey-site\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housebuilder buys \u00a330m Surrey site - Second Home\" \/>\n<meta property=\"og:description\" content=\"Housebuilder Riverdale Developments has purchased a 26-acre Green Belt site in Sunbury, Spelthorne borough, Surrey from Wates Developments. 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