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Connell C - LB Mar 2022

Birchgrove purchases two rental retirement developments

Birchgrove
Birchgrove’s Leatherhead site

Birchgrove, a developer of rental retirement properties, has purchased sites in Chiswick, West London and in Leatherhead in Surrey. Birchgrove is backed by Bridges Property Funds.

The Chiswick site previously housed a police station which closed last year and was purchased unconditionally for the proposed redevelopment, which aims to provide 48 apartments and communal facilities for residents and the wider Chiswick community.

Birchgrove has been granted planning consent to redevelop the former United Reformed Church in Leatherhead which will comprise three detached buildings, each of 2.5 storeys, to provide a total of 62 self-contained apartments for people aged over 65.

Honor Barratt, chief executive of Birchgrove said: “It’s very rare to say that Londoners are underserved in anything; we live in one of the best cities in the world. However, the older people of London are distinctly disadvantaged when it comes to retirement living; too often we are forced to age in a terraced house and sometimes end up living only in the downstairs.

“With the acquisition of the former police station in Chiswick High Road, those in the borough who are getting on a bit can now live their very best lives in the heart of their community. Chiswick and Leatherhead together take the Birchgrove portfolio to seven neighbourhoods, each unique and glorious in their own way but all sharing the same commitment to helping people live a long and happy life.”

Simon Ringer, head of Bridges Property Funds, said: “We’re delighted that Birchgrove has taken another important step forward by achieving planning for its sixth site and securing another great new site in Chiswick. There’s a chronic shortage of high-quality retirement homes for the over-65s in the Southeast; Birchgrove’s unique offer not only helps to meet this demand, but is also driving better health and wellbeing outcomes for its residents.”

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