Single Family Housing |
Ely, UK
The Chapters is a direct development deal of 78 single family units in Cambridgeshire using modern methods of construction.
Key Facts
Living
Direct development
13
Under management
EPC A ratings targeted
72,000 sqft
lettable area
78
units
5
minutes walk from Ely train station
2025
target completion date
December
About the asset
- The Chapters is an off-market development opportunity with detailed planning consent and build contract in place ahead of acquisition, removing key risks associated with direct development.
- Located in Ely, Cambridgeshire, the site is easily accessible by road and train with the closest station a five-minute walk away, offering a more affordable rental product to the large tenant pool in Cambridge.
- The site also has access to local amenities including a market and high street, as well as schools and sports facilities.
- Savills IM took control of the site in January 2025 and are delivering the site directly using their specialist residential development team, managing a team of sub-contractors.
- The ultra-low carbon development is targeting net zero carbon in operation, and is expected to complete in December 2025. The site also includes a high level of onsite greenspace including 2.44 acres of ecological amenity.
NOTE: Image is for illustrative purposes only and is used to convey likeness; it does not depict the actual asset referenced in this case study.