News | FI Real Estate Management

Plans Approved to Transform Verney House Site

Written by Alessandra De Palma | May 17, 2022 10:54:25 AM

We have received planning permission from Buckinghamshire Council to redevelop the Verney House site on Gatehouse Road in Aylesbury.

 

The former office building was constructed in the 1970s and will be demolished to make way for a more modern residential development comprising 116 apartments, car parking and a cycle park store.

 

The apartments will be arranged over two blocks, each up to six storeys high, and set amongst landscaped grounds.

 

The scheme is predicted to prove popular amongst homebuyers given its proximity to Aylesbury town centre and the town’s railway station, which is just half a mile away. The town itself is less than a 20-minute commute to London and is centrally located between Oxford, Milton Keynes and Watford, with easy access to the M40, M25 and M1.

 

This decision is great news for the Verney House site and for Aylesbury as a whole. Having assessed the market closely, we are confident that a residential development will better serve the requirements of the town. Our experience also tells us that high quality apartments in a central location will be met by popular demand.

 

We’ll be using our presence in the town to create job and training opportunities and ensure we make a tangible contribution to the local economy. We’re looking forward to starting work on site in due course.