SALIENT POINTS
All the houses represent the highest quality architecture whilst being efficient and commercial to construct.
Meads has become a hotspot of families and professionals migrating down from south-west London and across from Brighton. The area resonates with affluent purchasers wishing to benefit from the beautiful scenery and one of the lowest crime rates in the country. The area is popular with commuters now the necessity to be in the capital five days a week is no longer relevant for many professionals.
All houses are hugely energy-efficient and carbon neutral
There is strong demand for large family houses in the area with no significant new build development having taken place in 40 years. Quality detached homes rarely come to the market in Meads.
A database exists with over 300 interested parties wishing to be kept informed of developments. This process has been carefully managed by this is Home who sell approximately £200 million worth of new build property per annum.
Just seven house types ranging from 800 square-foot through to 5600 square-foot
Redbook valuation and five agents independent valuations support a GDV of approximately £30 million
Compton Park is walking distance to the Sea , Meads high Street and some of the finest private schools in the United Kingdom with Roedean School for girls being 30 minutes by car.
The conversion of the historic buildings is fully funded and a contractor approved by the Compton estate is ready to commence work.
It is believed that most independent appraisals will show a profit on cost in excess of 20%.
Whilst some coordination is required between the housebuilder /developer delivering the new build and the contractor responsible for the historic conversion this process is straightforward and the site does not represent any particular construction challenges for the experienced housebuilder/developer.
Given the nature of the development we are seeking developers/housebuilders who are happy to contribute and participate in any mutually agreed awards and public relation activity. Several initiatives are already underway including a strong association with the Queens green canopy and the lawn tennis Association.
The proposed properties are completely in line with existing properties in Meads in terms of value and size however comparable properties rarely come to the market.