Windsor developer Castlemere commits £1.8m to Wimbledon airspace project
Castlemere Developments is committing more than £1.8 million to a new five-apartment airspace development in Wimbledon Chase.
The Windsor-based developer has already invested more than £400,000 to purchase Vision House, an art deco building on Kingston Road.
The scheme at Vision House will feature one three-bedroom, two two-bedroom and two one-bedroom apartments, ranging from £385,000 to £650,000.
Having completed the purchase of property on 23 August, work is now due to begin using modern methods of construction (MMC), which will involve building elements offsite.
It follows the completion of Castlemere Developments’ first airspace project in Tunbridge Wells, comprising 11 apartments.
The developer is also in the process of securing a number of locations across the South East.
Kris Collett, managing director of Castlemere Developments, said: “Vision House is the latest addition to our portfolio and will feature five high-spec apartments, which will include smart home technology.
“Vision House, which was originally an office block, has already undergone conversions to 19 apartments inside the original structure. It also has four commercial units on the ground floor.
“I expect to commence work on building the apartments in the autumn and for them to be lifted into place in the first quarter of 2025.
“The aim is to have the apartments on the market from Spring 2025.”