Bridges Fund Management and HUB have acquired Sandringham Mews, a 318-home consented co-living scheme in West London, for an undisclosed price.
Currently a car park fronted by commercial units, the site will be transformed into new co-living homes plus shared amenity and ground floor retail.
The onsite amenity provision will include a communal kitchen, gym, cinema and co-working space. Bridges and HUB are targeting a BREEAM Excellent rating for the development, which is situated in the Ealing Town Centre Conservation Area, with the potential to achieve BREEAM Outstanding.
Miles Keeley, head of acquisitions at HUB, said: “Sandringham Mews marks another exciting acquisition for HUB and Bridges. Under consented plans, the scheme has enormous potential to reactivate this pocket of Ealing, complementing its existing commercial and retail spaces with high-quality homes that offer residents community, connectivity and an excellent lifestyle.
“This scheme continues HUB’s mission to transform underutilised and well-connected urban sites into living-led developments that enhance the area while meeting market demand for homes. It is an excellent example of co-living shaping sustainable and enriched neighbourhoods for the future.”
Simon Ringer, head of property funds at Bridges Fund Management, added: “Co-living is an important part of the answer to the housing crisis in our major cities. With this Sandringham Mews development, we are taking an under-used site, in an area where there is a clear under-supply of housing, and transforming it into more than 300 sustainable homes – while also creating an asset that benefits the local community through new outdoor and retail space. We’re excited to see it come to life in the next few years.”
