The mid-market retirement specialist, which is backed by Matter Real Estate, completed the acquisition of a prime 2.5-acre seafront site at Sovereign Harbour in November from Birch Limited, a Richardson family company. 

 Subject to planning consent, Untold Living aims to build a range of one and two-bedroom flats for sale and rent overlooking the English Channel.  

The development, designed by architect Gaunt Francis, will also include a range of amenity spaces, some of which will be available for use by the wider Eastbourne community. 

Homes will be available across a range of different mid-market tenures, including to buy, for rent and purchase via shared ownership.  

Russell Jewell, CEO at Untold Living, said: “The urgent need for more purpose-built later living accommodation in the UK cannot be overstated, particularly in East Sussex, where the population of over-70s is growing more quickly than the national average.  

“Our Eastbourne scheme will not only offer round-the-clock care and support to residents when needed but also relieve pressure on local health and social services by lowering the frequency of residents’ hospital and GP visits.”

The Eastbourne scheme is the newest addition to Untold Living’s portfolio alongside an existing retirement community in Westbury, Wiltshire and sites in Crawley, West Sussex, and Newport, Shropshire.  

Untold Living is targeting a GDV of £300m for its initial development pipeline. The developer-operator is actively seeking to acquire other suitable sites and assets across the UK to expand its portfolio and is open to discussions with landowners, landlords and agents.