The Mapleton Crescent scheme in Wandsworth town centre is the largest to date for Pocket Homes, which sells its homes at a 20% discount off local prices to local first-time buyers earning less than £71,000.

Pocket estimates that over the next 10 years it will invest around £500m in delivering new homes, targeting the ever-growing numbers of Londoners who are priced out of private housing and unable to secure social housing to own a home of their own.

The new tower project planned for a constrained site will contain 86 flats, 63 of them affordable. The structure will comprise pre-cast concrete columns with in-situ concrete slabs and will be clad with three different kinds of green pleated ceramic panel.

The proposed tower rises to 21 storeys on the east wing and 24 storeys on the southern wing – just above the height of the recently completed 23 storey Argento Tower to the south.

Pocket has been awarded £21.7m equity funding for 10 years by the Mayor of London as part of his Housing Covenant commitment to help thousands of working Londoners into home ownership.

This funding will see around 400 Pocket homes developed across eight London boroughs in the first two years alone.