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WEBBS SITE This 1.67-ha former industrial site at Blackhorse Lane has been acquired by the Mayor of London Sadiq Khan, as part of the Waltham Forest Housing Zone for residential redevelopment and is being called London’s first 100% affordable housing scheme. Outline planning permission also includes 3,000sq m of workshop space and a new park. Khan has approved spending of £362,700 for the demolition and clearance of all existing buildings.

It says the site is an “increasingly popular choice among homebuyers looking for their perfect place in a trendy part of the city”.

A Taylor Wimpey spokesperson said: “We are delighted with the response we have received to the new homes at our Eclipse development, which was subject to a very successful launch event at our state-of-the-art sales centre.

The new properties are priced from £335,000, which the developer said are to a high specification. It will include 500 homes. Private rental landlord Fizzy Living agreed earlier this year to buy 111 of them under a forward funding structure. Properties will be aimed at professional people aged in their late 20s and 30s and will include an interactive hub where tenants can socialise and work. Taylor Wimpey will create a link with the next door Fizzy apartments and the Walthamstow Wetlands, which are just down the road.

“Works are progressing well on-site and the first homes are expected to be occupied at the end of 2018.” Phase one of the Fizzy Living homes was completed in December, while a second phase is in progress to provide 170 homes. The final phase is due to start in 2018. Fizzy Living managing director Harry Downes said: “The opportunity delivers all Fizzy’s purchase perametres and its location is perfect for fast access to the City and the West End.”

Projects

Phase two of Eclipse will comprise 150 new homes, including around 50 affordable properties to be managed by One Housing Group.

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Housebuilder Taylor Wimpey has meanwhile launched the first of its one, two and three-bedroom homes at Eclipse on the Mandora site.

Housing associations Swan and Catalyst have been awarded preferred bidder status by the Greater London Authority for the site, on which they intend to build 330 homes for affordable shared ownership homes.

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Invest Waltham Forest 4  

This fourth edition of Invest Waltham Forest looks at how the borough is prioritising culture-led regeneration and good quality design.

Invest Waltham Forest 4  

This fourth edition of Invest Waltham Forest looks at how the borough is prioritising culture-led regeneration and good quality design.