UK

Plans for ‘affordable’ homes, student bedsits in Nine Elms

affordable housing.

The plans from Watkin Jones Group would see three buildings replace a retail warehouse and now-demolished BMW service centre on Battersea Park Road

Fresh pictures have revealed what 81 new ‘affordable’ homes and 779 student bedsits could look like in one of the last sites to be redeveloped in Nine Elms.

The plans from developer Watkin Jones Group would see three buildings between 6 and 22 storeys tall replace a retail warehouse and now-demolished BMW service centre on Battersea Park Road.

All 81 homes proposed for the development would be ‘affordable’.

39 of these homes would be offered at affordable rent.

A one-bed flat at affordable rent would cost around £673 ($846.03) a month in 2022/23, according to the weekly rent benchmark set by City Hall.

Up to 272 residents could live in the new homes, according to planning documents.

The nearly 800 student bedrooms would be split across the other two buildings planned for the site, with 168 at ‘affordable rents’.

The building containing the new homes would occupy 14 floors above ground floor while the student rooms would be spread across one building with 16 floors above ground floor and a second building with 21 floors above ground floor level.

The development would also be ‘car-free’ except for six disabled parking spaces and one car club space.

Another 737 long-stay cycle parking spaces and 48 short-stay cycle spaces are proposed for the site.

Fifty-five trees would also be planted as part of the scheme.

The site is close to Battersea Power Station, which is currently undergoing extensive redevelopment.

Ben Wrighton, head of planning at Watkin Jones, said there was a ‘clear need in the local community for new, affordable homes’.

He said: Our submitted proposals represent over 18 months of discussions with the council and key local stakeholders; the land is partly vacant now and represents one of the last sites to be redeveloped in the Nine Elms Area.

He said: The excellent accessibility following the recent underground station opening, has meant that a truly mixed-use approach can be delivered, which incorporates a substantial proportion of new affordable housing.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Invest for Property. The information provided on Invest for Property is intended for informational purposes only. Invest for Property is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

Leave a Reply