LAND AT CANCELL ROAD

With London’s population increasing we need to provide suitable and sufficient housing options at various levels of affordability. Co-living schemes, also known as ‘large-scale purpose-built shared housing’, offer an opportunity to deliver high density housing which meet the needs of city living.

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The focus of co-living schemes is about creating a community and therefore includes generous areas of communal amenity space (internal and external) for residents to socialise and enjoy. This includes lounges, shared kitchens, cinema room, co-working space, gymnasium and laundry facilities. Residents are also provided a generously sized private rooms, including double-bed, ensuite, kitchenette and dining / seating area. The private bedrooms range in size between 18sqm – 28sqm.

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This type of accommodation is seen as an alternative to providing traditional house shares (such as HMOs), taking components of these housing types and combining them across one building – hugely improving the range, size and quality of shared spaces and living standards. Tenancies are a minimum of three months, although typically taken on a 12-month basis (or longer) and include all utility expenses as part of the monthly rental.