Category: Development

ThamesWey Publishes Baseline Impact Report Assessing Housing, Energy and Community Outcomes

Posted on | by Jane Preston

ThamesWey has released its Baseline Impact Report, an independently produced assessment of the social, environmental and economic outcomes delivered across its housing and energy portfolio up to July 2025. The report was prepared by The Good Economy, one of the UK’s leading advisory firms specialising in impact measurement and management.

Drawing on resident surveys, site visits, portfolio data and interviews with Woking Borough Council, the report highlights ThamesWey’s significant role in Woking’s housing and sustainability landscape. According to the findings, ThamesWey has:

  • Delivered 832 new homes, representing 28% of all homes built in Woking since 2011
  • Achieved 88% resident satisfaction, outperforming national benchmarks
  • Invested £5.9m in energy‑efficiency upgrades across 326 homes, with estimated lifetime carbon savings of over 10,000 tCO₂e delivering environmental benefit alongside improved living conditions
  • Developed homes where 82% achieve EPC A or B, significantly above national averages

The report also sets out recommendations for safeguarding social impact during Woking Borough Council’s ongoing Section 114 process, including protecting affordable housing, improving communication on energy costs, and ensuring any future ownership changes maintain public value.

View a copy of the full report here: ThamesWey Baseline Impact Report (Oct 2025)

About The Good Economy

The Good Economy (TGE) is a specialist impact advisory firm known for its rigorous, evidence‑based approach to evaluating social value, ESG performance and place‑based outcomes. TGE works with investors, local authorities and organisations across the UK to build credible impact frameworks and independently assess real‑world results.

The Reeds: 77 EPC A-rated Family Homes Beside the Basingstoke Canal

Posted on | by Jane Preston

ThamesWey’s most advanced development to date, The Reeds brings 77 spacious family homes to Sheerwater. Each home is powered by its own solar panels and air source heat pump, and each is built to the highest possible EPC A rating.

Homes Designed for Modern Family Life

The Reeds offers a mix of two, three, four and five-bedroom homes, available at both full market and affordable rental rates, reflecting ThamesWey’s consistent commitment to tenure diversity within its developments. Every home includes: a private garden; generous room sizes; high-quality finishes; integrated appliances; and, contemporary layouts.

Sustainability Built In

As standard across the entire development every property features:

  • Individual air source heat pump (no gas)
  • Individual solar photovoltaic panels, generating renewable energy for the household
  • Triple glazing for year-round comfort
  • A private EV charging point
A Setting that Supports Community

Bordering the Basingstoke Canal, The Reeds benefits from landscaped communal grounds and a dedicated children’s play area, offering families genuine access to green space and a strong sense of community.

Availability

For current availability, please visit our property search.

ThamesWey’s Largest Single-Phase Development: Yellow Phase Launches in Sheerwater

Posted on | by Jane Preston

Scale and quality do not always go hand in hand in the rental market. Yellow Phase proves that they can.

Launched in October 2024, Yellow Phase is ThamesWey’s largest single development to date: 187 one, two and three-bedroom apartments, released in phases through early 2025, and built to the same high standard that defines the wider Sheerwater regeneration.

A Genuine Mix of Tenures

Yellow Phase delivers:

  • 102 affordable rent apartments (80% of market rent)
  • 85 full market rent apartments

Every home is triple-glazed, connected to the district heat network, and finished to a clean, contemporary specification. Most apartments also benefit from a private balcony or terrace.

A secure car park provides standard and EV charging bays (available at an additional cost), with free bicycle storage available to residents (subject to availability).

Availability

Yellow Phase offers homes across affordable and full market rent tenures in all bedroom sizes. For current availability, please visit our property search.

Space and Style at Merchant House, Sheerwater

Posted on | by Jane Preston

Merchant House, launched in March 2024, is a purpose-built development delivering 39 high-quality one, two and three-bedroom apartments – all at full market rent, and all finished to the standard that defines ThamesWey’s approach across its portfolio.

High-Quality Homes, Built for Comfort

Every Merchant House apartment is EPC B rated, triple-glazed and served by a district heat network for efficient, low-maintenance heating and hot water. Each home includes a private balcony or terrace, with clean, contemporary interiors throughout.

Thoughtful Communal Space

Residents benefit from a landscaped podium garden – a welcoming outdoor space that enhances everyday living. Merchant House also shares a secure car park with the New Woodlands development, offering standard and EV charging bays (available at additional cost) and free bicycle storage.

Part of a Growing Community

Located within the wider Sheerwater regeneration area, Merchant House sits alongside New Woodlands, Guild Lodge, Pine Grove, and Yellow Phase forming one of Surrey’s most significant clusters of high-quality, purpose-built rental homes.

Availability

Merchant House apartments are available at full market rent across all bedroom sizes. For current availability, please visit our property search.

Urban Living Reimagined: Pine Grove Brings Contemporary Mews Houses to Sheerwater

Posted on | by Jane Preston

The classic London mews house has long been one of the city’s most desirable property types. Pine Grove brings that same character and considered design to Woking.

Launched in March 2024, Pine Grove comprises ten contemporary mews houses – nine three-bedroom homes (approx. 107 sq m) and one two-bedroom home (approx. 91 sq m), arranged in two neat rows with striking red brick facades and a specification that stands apart in the local rental market.

Thoughtful, Modern Layouts

The three-bedroom homes are arranged over two floors:

Ground Floor: covered carport with two parking spaces and EV charging, cloakroom, first bedroom and kitchen.

First Floor: vaulted-ceiling living room, master bedroom with ensuite, third ensuite bedroom, and a generous private terrace.

The two-bedroom home follows the same design principles, with two uncovered parking bays.

The vaulted first floor living space is a standout feature – bright, spacious, and genuinely distinctive for a rental home.

Sustainable Design

Every Pine Grove home includes:

  • Air source heat pump (no gas)
  • Triple-glazing
  • EPC B or C ratings
  • EV charging built into every carport

A sustainability specification well ahead of the rental sector norm.

Availability

Pine Grove homes are available at full market rent. For current availability, please visit our property search.

Something Different: Guild Lodge Brings Exceptional Maisonette Living to Sheerwater

Posted on | by Jane Preston

Seven homes. One with two bedrooms, and six with three bedrooms. Vaulted ceilings, skylights, and private balconies – all in a purpose-built rental setting. Guild Lodge is intentionally different.

Launched in January 2024, Guild Lodge offers something rarely found in the rental market: the space, character and specification of a high-quality house, designed from the ground up for modern renters.

Thoughtfully Designed, Split-Level Living

Each maisonette is arranged across two floors.

  • Ground Floor: entrance hallway, two bedrooms and a family bathroom – a practical layout that keeps sleeping areas private.
  • Upper Floor: a dramatic open-plan kitchen, dining and living space with a vaulted ceiling, integrated skylights, and direct access to a private balcony. In the 3-bedroom maisonettes, here you will find the third bedroom and second bathroom.

The vaulted ceiling and skylights define the home. Bright, spacious, and genuinely distinctive.

Private Balcony

Every Guild Lodge maisonette has a good-sized private balcony, accessed from the main living area – a genuinely useful outdoor space for relaxing or simply enjoying the extra breathing room that most rental homes cannot offer.

High Specification and Sustainable by Design

All seven homes are EPC B rated, connected to the district heat network for efficient heating and hot water supply, and are finished to a consistently high standard throughout. Each has access to a private parking bay, at an additional charge.

Availability

Guild Lodge maisonettes are available at full market rent. For current availability, please visit our property search.

ThamesWey Launches First Independent Living Scheme for the Over 60’s at New Woodlands

Posted on | by Jane Preston

New Woodlands marks a step change in later living rental homes in Woking . . .

Launched in December 2023, New Woodlands is ThamesWey Housing’s first purpose-built independent living scheme – 68 spacious one-bedroom apartments for residents aged 60 and over, designed to set a new benchmark for later-living rental accommodation in Woking.

Apartments average 55 sq m, offering more space that typical sheltered homes. Each one includes:

  • Triple-glazed windows
  • District heat network supply
  • EPC B rating
  • Accessible ‘wet room’ bathrooms
  • Private balcony or terrace

The building is fully accessible, served by two passenger lifts, and designed to support independent living for the long-term.

Comfortable, High-Quality Living

Interiors are bright, modern, and thoughtfully laid out, with open-plan living spaces and generously sized bedrooms. A private landscaped podium garden and a communal lounge provide welcoming places to relax and connect with neighbours.

Practical Amenities

New Woodlands shares a secure car park with Merchant House, offering standard and EV charging bays (available at additional cost) and free bicycle storage for all residents.

Accessible Rents

Homes at New Woodlands are offered at discounted rents, reflecting ThamesWey’s commitment to making high-quality later-living accommodation genuinely accessible.

For current availability and rent information, please contact ThamesWey Housing directly.

Town Centre Living at The Cornerstone, Woking

Posted on | by Jane Preston

The Cornerstone is one of ThamesWey Housing’s most distinctive addresses, set right in the heart of Woking town centre. Brought to life through a sensitive and high-quality transformation of an existing building, it combines a striking, characterful exterior and contemporary, well-designed apartments to offer modern, professionally managed homes in one of the most convenient locations in the borough.

Woking Station – with fast, frequent trains to London – is only a few minutes’ walk, and the town’s shops, restaurants and bars are right on the doorstep. The Cornerstone is ideal for anyone who wants to live at the centre of things.

A home to suit you

The Cornerstone offers a genuine choice of homes, with studio, one, two and three-bedroom apartments available. Each one comes with built-in storage, a modern fitted kitchen and a contemporary bathroom, finished to the standard residents have come to expect from ThamesWey.

Because the building is a high-quality conversion rather than a new build, apartments carry an EPC rating of between B and C. This is a strong level of energy efficiency for this type of property, helping to keep day-to-day running costs down for residents.

More than just an apartment

Life at The Cornerstone extends beyond the front door. A courtyard garden sits at the heart of the building, providing residents with an attractive shared space to enjoy. For those who work from home, the dedicated co-working space offers a comfortable alternative to the kitchen table – a place to focus, take calls, or simply catch up with neighbours.

Residents’ Co-Working Space
Contemporary interiors throughout

Residents also benefit from broadband, a shared laundry room (available to studios only) , and parking and secure storage units (available at an additional cost, subject to availability).

Town centre living, professionally managed

Good-quality rental homes in central Woking are always in demand, and The Cornerstone meets that demand with the reassurance of a professional, responsive management. From its location to its shared spaces and resident facilities, the building has been designed to make renting straightforward, and enjoyable.

The Cornerstone also reflects the breadth of the ThamesWey portfolio. With approximately 1,450 homes across Woking and Surrey, from family houses to sheltered housing and town-centre apartments, ThamesWey supports a wide range of housing needs, consistently managed to a high standard.

Community at the Heart: Fairfax Place, Murray Place and Murray Green

Posted on | by Jane Preston

Ninety homes. Three addresses. One shared green space that brings everyone together. Fairfax Place, Murray Place and Murray Green show that mixed tenure and high-quality design can sit side-by-side and thrive.

Launched in August 2021, this landmark development combines high-specification apartments, affordable homes, and spacious townhouses, all connected by a beautifully landscaped podium garden and a consistent commitment to quality across every tenure.

Fairfax Place – Premium Apartments are Full Market Rent

Fairfax Place offers 40 high-specification one and two-bedroom apartments, all available at full market rent and all achieving an EPC B rating. Each home features a private balcony or terrace, contemporary finishes, and efficient heating and hot water supplied via the district heat network. The result is modern, low-maintenance living in a well-designed building.

Murray Place – High Quality Homes at Social Equivalent Rent

Next door, Murray Place provides 40 one, two and three-bedroom apartments, all let at social equivalent rent levels. Every home mirrors Fairfax Place – the same EPC B rating, the same district heat network, the same private outdoor space, and the same clean, contemporary interiors. It is high-quality, purpose-built rental housing accessible to households across a range of incomes.

Murray Green – Exceptional Three-Storey Townhouses

Connected to the wider development via the shared podium garden, Murray Green delivers something rare in the rental market: ten spacious three-bedroom townhouses, arranged over three floors. Each home includes a private courtyard, direct access to the podium garden and two dedicated parking bays, accessed via secure a ground floor rear entrance.

Murray Green
Shared Podium Garden
A Shared Heart – The Podium Garden

At the centre of all three buildings sits a generous, landscaped podium garden – a communal space designed to bring residents together. With seating areas, a pergola, planted borders and a central lawn, it offers a welcoming outdoor environment.

Beneath the garden, a secure car park provides residents with a mix of standard and EV charging bays, available at an additional cost. Spaces are limited, with priority given to residents of the two and three-bedroom apartments.

A Development That Delivers

Together, Fairfax Place, Murray Place and Murray Green demonstrate ThamesWey’s ability to deliver high-specification homes across a range of tenures and price points, all underpinned by a commitment to quality, sustainability, and community. This development is one of the most significant additions to ThamesWey’s portfolio.

ThamesWey delivers first homes with swift bricks for Woking Borough Council

Posted on | by David Evans | Leave a Comment on ThamesWey delivers first homes with swift bricks for Woking Borough Council

ThamesWey has completed its first housing development containing swift bricks. The 12 swifts bricks have been incorporated into two new family sized affordable homes which have been handed over to Woking Borough Council. Continue reading →

Celebrating 20 years of building sustainable communities

Posted on | by David Evans | Leave a Comment on Celebrating 20 years of building sustainable communities

ThamesWey is 20 this year and proud to be celebrating two decades of building sustainable communities. Our work in low-carbon power generation, energy advice, affordable housing and property development is driven by one fundamental principle – to build neighbourhoods that benefit everyone.

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Wraps come off Harrington Place – Woking’s latest residential development

Posted on | by David Evans | Leave a Comment on Wraps come off Harrington Place – Woking’s latest residential development

New residential development Harrington Place is emerging from scaffolding and builders’ coverings as it nears completion. The architecturally striking building in Heathside Crescent brings 147 stunning rental apartments to a prime town centre location. Continue reading →

Work to start on Canalside – the regeneration of Sheerwater

Posted on | by David Evans | Leave a Comment on Work to start on Canalside – the regeneration of Sheerwater
Artist’s impression of view across the wetland area in the central park

Work on the Canalside regeneration of Sheerwater will begin soon, after the latest plans were approved by Woking Borough Council.
This major project will create nearly 1200 new homes, almost half of which will be affordable housing. The old 1950s housing stock will be replaced with a variety of high quality new homes for rent and sale that are energy efficient and cater for people through all stages of life.

In preparation for an early start to construction, empty property has been secured and made safe.

Woking Borough Council’s Planning Committee last night approved the latest hybrid planning application submitted by ThamesWey Developments Ltd. It gives consent for up to 1,142 homes with detailed consent for 695 of these, taking the total number of homes with full planning permission to 834.

ThamesWey Chief Executive Mark Rolt said: “We’re looking forward to getting started on making the vision for Canalside come to life. This is a fantastic project that will breathe new life into the area.

“The ThamesWey team, our architects, and other development partners have remained committed over the long lead-up to this decision and we are all keen to begin work.”

Canalside is a 74-acre (30-hectare) development of contemporary homes set within distinct neighbourhoods built around a large central parkland area – the development’s ‘green heart’.

Canalside: Transforming Sheerwater into a thriving sustainable community

Posted on | by David Evans | Leave a Comment on Canalside: Transforming Sheerwater into a thriving sustainable community

Work has begun on Canalside, the long-awaited transformation of the Sheerwater area of Woking. The major regeneration project will breathe new life into the area and create many more much-needed homes, with a significant increase in affordable housing.

Continue reading →