26th February 2018
A derelict factory in Elstead, famous during the war for making parts for Spitfires, Mosquitos and Model T camshafts, is set for a new lease of life. The 19-acre former-Weyburn Engineering factory will be transformed into new homes and green spaces after Latimer, part of Clarion Housing Group, bought the site from Sussex-based home builder Thakeham Group. Thakeham has since been appointed by Latimer to build 69 new homes, 21 of which will be affordable homes.
The first phase of the development will see the brownfield site cleaned after years of neglect. 15 acres along the River Wey will be regenerated, providing a valuable addition of green space for the local community to enjoy.
Philip Browne, New Business and Partnerships Director for Latimer, part of Clarion Housing Group said: “We have a strong track record of delivering new homes in the area and are determined to reinvigorate this important site. As well as delivering high quality homes, we are putting measures in place to ensure the development integrates well with the surrounding area – for example, with the creation of a new footpath to the village.”
Steve Tuhey for Thakeham Group said: “This is a unique site in the area and one we know many local people feel has been neglected for too long. We hope our partnership with Clarion Housing Group will bring welcome new benefits for the community. Our plans include a mix of housing, ecological and community priorities. This is a thriving semi-rural community, which deserves the kind of new housing development which new home buyers and the Elstead community can be proud.”
Commenting on the transaction, Andy Russell MRICS Director of Gascoignes Chartered Surveyors in Guildford states: “We were delighted to introduce the land opportunity to Thakeham, who could take it forward with Clarion for residential development. This is a great example of how a brownfield site can be transformed for the benefit of the local community.”