Inspired Homes, the consumer brand of Inspired Asset Management, has been given planning consent for a £20m GDV residential scheme in Chertsey.
The 61-unit scheme on Bridge Road, close to Chertsey Bridge and the River Thames, has been approved by Runneymede Borough Council’s Planning Committee. The planning application was for an extension to Bridge House, an early 2000s office building that recently received prior approval for conversion to 39 apartments, to provide a further 22 residential units.
The scheme will comprise 30 one-bedroom micro-apartments ranging in size from 33sqm (355sqft) to 48sqm (517sqft) and 9 two-bedroom micro-apartments of between 42sqm (452sqft) and 57sqm (614sqft) together with 13 larger one-bedroom and 9 larger two-bedroom units at London Plan sizes.
Inspired Homes says that all apartments will be designed to a high specification, including hardwood flooring, designer kitchens and bathrooms with granite worktops and stone tiling, and home technology featuring NEST Smart thermostats, communal heating systems and superfast broadband.
The scheme was designed by Twelve Architects with Iceni Projects advising on planning.
Jeremy Beck, Development Director at Inspired Asset Management, said: “This planning consent almost doubles the value of our scheme paving the way for us to unlock development finance and start construction. Our proposals will refurbish and convert a contemporary Georgian building while grafting on a beautifully designed new-build element. We expect the development to appeal to a mixture of young professionals working locally and downsizers looking to take advantage of the stunning riverside setting with its marinas and some of the best lakes and countryside in the South East.”