In 2019 Sutton became the home of the London Cancer Hub, the leading site for research and treatment in Europe. However, it will soon level up and become the world’s biggest cancer and life sciences hub. This comes after plans for a new £1bn campus got approval. We want to have a closer look here to see what it means for the area. Then, if you want some help with investment properties in Sutton, we’re the perfect people to work with.

Plans

The massive project, with designs by Gensler, will redevelop a five hectare site in a key part of Sutton. It is next to the Royal Marsden specialist cancer hospital and the Institute for Cancer Research (ICR), so it is strategically important.

The new redevelopment will deliver a fantastic array of new spaces in environmentally friendly buildings. This includes offices, labs, manufacturing space, and a ‘Learning Lab’. The goal is to attract innovative companies and drive collaboration. It will also attract students and provide more opportunities to pursue research.

Impressively, the plans aren’t just for commercial spaces. They also include delivering around 220 new affordable homes for key workers in the area. Additionally, there will be cafes, a creche, new public space, and more to help make it a great place to live and work.

Comments

This will be one of the most impressive developments in the area, and is likely to generate much more interest in investment properties in Sutton. Not surprisingly, there were positive remarks from several stakeholders accompanying the announcement of the planning approval.

The Leader of Sutton Council, Barry Lewis, said this is a “hugely significant moment” for the area because it will cement it as the “leading global destination” in the push to develop cancer treatments.

Prof Kristian Helin, CE of the ICR, said the project will be crucial for “pioneering discoveries”. It will enhance the world-leading research by attracting top scientists, as well as students, from all around the world and boosting collaboration.

Deputy Mayor of Business and Growth at the GLA, Howard Dawber, said he was “thrilled” with the decision to give planning approval. He has “seen first-hand the incredible work” at the hub, and celebrates that the expansion will create more jobs, support businesses, and drive investment.

What next?

The planning approval means the project can now progress to the next stage. This will involve procuring contractors to deliver the plans. It will be fantastic to see the work get underway in the future. It’s also a good idea to keep an eye on investment properties in Sutton; the development could see a huge wave of interest.

Additionally there is a fantastic plan in place to improve public transport in the area. This includes £14m to increase the number of trains arriving from Central London. The plan is for numbers to double by 2027.

Work with us if you have investment properties in Sutton

As you can see, there are incredibly exciting times ahead for Sutton. It’s a good idea to have a look at the area and consider investing. There are fantastic homes here and some great areas. Demand could also increase massively with people wanting to live closer to what will become the world’s biggest cancer research and treatment hub.

If you are looking for assets, or already have some, you can rely on Finefair Ltd. We provide a fantastic array of services, including guaranteed rent, HMO conversion, management, and more. We’ll adapt to cater for your requirements, therefore ensuring you get the best solutions.

So, talk to us about your plans for investment properties in Sutton or other parts of London today.