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33m
90%
expected gross development value
of apartments either exchanged
or completed
Stock code: INL
34 / 35
Inland Homes plc
Annual Report and
Accounts 2014
callis yard, woolwich,
london
Read our case study
on pages 35 to 37
www.inlandhomes.co.uk
Strategic Report
Our Governance
Our Financials
Shareholder Information
Case
study 3
Inland Homes purchased the Callis Yard site in Woolwich from West
Register, RBS’s property arm, in 2013. The one acre site is located
between Woolwich High Street and the Royal Arsenal regeneration
project. It is a highly attractive location, with a new crossrail station
due to be built approximately 300 yards away, and within walking
distance of the DLR.
Stock code: INL
36 / 37
Inland Homes plc
Annual Report and
Accounts 2014
Case
study 3
Inland Homes is currently evaluating how best to move forward
with this site. The Group could sell it, as its value has increased
significantly since planning permission was received in July 2014.
The development could also be a prime opportunity for a bulk sale
to a private rented sector organisation, a growing market Inland
Homes have previously sold residential units to. These two options
represent the different time scales in which Inland Homes can
monetise this asset.
Location
Callis Yard, Woolwich,
London
The site has received planning consent for an apartment block with 152 residential units,
20% of which will be affordable housing. The research for this design involved consultations
with the Greenwich authorities (including the Head of Regeneration), as well as the local
community, with whom Inland Homes held a public exhibition. There were several factors
to consider in the planning process, including the treatment of a listed building within the
site, as well as the balance of this site with the widespread regeneration in the area. The
experienced team at Inland Homes consulted with local groups and put forward a plan that
was accepted by the local community.
In addition to the apartments, the development will feature a business centre and a gym
for the residents. In line with the Mayor’s focus on delivering children’s play areas, the
design team at Inland Homes has planned a ground level indoor children’s play area with
gym facilities. This will provide a dynamic visual front to the building, and utilise the small
footprint of the site effectively.
Read more online at
www.inlandplc.com
www.inlandhomes.co.uk
This design would contribute to the exciting, rapid regeneration of the area, with homes that
are highly desirable for their location, transport connections and views. The acquisition of
this prime land has proven a highly valuable addition to the Group’s land bank.