Major investment in Laragh House

Laragh House, the company set up by Simon Somerville-Large to provide property advice and the development of bespoke design high quality homes in Cambridge, has sold a 50% stake in the business to property and investment company Rheebridge.
The new partnership see’s Simon reunited with Rheebridge founder David Rapley. The two property professionals have a long history of working together and are well know in the regional development sector following a 9 year working relationship at Camstead Homes before it was sold.
David Rapley’s enthusiasm and experience will enable Laragh House to advise on, and develop more complex opportunities in and around Cambridge in future years. Simon Somerville-Large says: “I am delighted to be working with David once again. We have an excellent track record of developing high quality homes between us, we have a great trust in each other and are able to strategically talk through projects and bounce innovative ideas off each other.”
Laragh Homes has already been responsible for some of Cambridge’s most iconic recent developments in conjunction with joint venture partner Enterprise Property Group Ltd, including the Kings Keep apartments on Castle Street, 11 houses on Cavendish Road, 10 apartments at the Lexington scheme, Long Road, 8 contemporary city apartments at King’s Keep, Castle Street and three large multimillion pound Arts & Crafts style houses on Storey’s Way.
The company has also recently completed an award-winning development of 12 apartments on Parkside in partnership with Peterhouse and E.P.G.L. 35 Parkside, Cambridge won the LABC Building Excellence Awards 2011 for the best small scale housing development of East Anglia Region. The scheme has also been sort listed for the Finals of the national awards, which are due to be announced in November. The architects for the scheme were Barber Casanovas Ruffles Architects and the contractors were Enterprise Heritage Ltd.