A joint venture between between Melt Homes and Espalier Ventures has received £3.5m funding to build a new 175-room aparthotel in Clapham Road in Oval, subject to planning permission.

The site is located within walking distance of several Zone 1 underground stations in an area popular with tourists and cricket fans, and fits with Espalier’a focus on Aparthotel and Co-Living development in central London.

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