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London Surrey Manchester Housing for Older People Diverging Business Models Anne-Marie Nicholson – Partner Jenny Buterchi – Director.

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Presentation on theme: "London Surrey Manchester Housing for Older People Diverging Business Models Anne-Marie Nicholson – Partner Jenny Buterchi – Director."— Presentation transcript:

1 London Surrey Manchester Housing for Older People Diverging Business Models Anne-Marie Nicholson – Partner Jenny Buterchi – Director

2 A Growing Market

3 Health in Crisis: Care in the Community  Hospital £3,000pw  Private Nursing £1,000pw  Residential Care (Public sector) £350- £500pw  Assisted Living £150- £200pw  Home Care £15ph Dementia Care Day Care Respite Care Rehab Nursing Home Care RESIDENTIAL COMMUNITY Home Care Acute Hospitals

4 Indicative Housing Market for Older People Private Sector Public (Voluntary) Sector Local Authorities Housing Association Charities Middle Market Private Sale Staying put Home Care Services & Home Improvement Agencies Leasehold Sale Shared Ownership Affordable Rental

5 Independent Living: An attractive alternative for older people wishing to downsize across both public & private sectors

6 Attractive Inclusively-Designed Apartments

7 Independent Living (HAPPI Housing?) Lifetime Neighbourhood Care and Support Independence & Control Community Interface Lifestyle Alternative Attractive Homes Staying in Control Choice & Variety Design Quality: Attractive Homes Lifestyle Alternative Location & Connectivity Affordable Care Continuity

8 Diverging Business Models

9 Little or no Grant available Cross subsidy benefits Planning gain Community benefit Meeting a demand Sustainable communities Huge numbers of home owners over 55 Boomer generation looking for a lifestyle change Social Housing providers and the Private sector are focussing on the same sector. Diverging Business Models – The Middle Market

10 St Bede’s, Bedford Orbit Independent Living

11 Client : Orbit Independent Living Project HAPPI Winner Housing Design Awards 2011 Best Development Winner CIH Midlands Awards 2014 104 Units: – 29 x 1Bed – 75 x 2Bed Mixed Tenure 50% Affordable Rent 50% shared ownership Central location Existing buildings Completed Summer 2014 ST BEDE’S, BEDFORD St Bede’s, Bedford

12 New Build / Retained Buildings / Demolished Buildings ST BEDE’S, BEDFORD St Bede’s, Bedford

13 ST BEDE’S, BEDFORD St Bede’s, Bedford

14 ST BEDE’S, BEDFORD St Bede’s, Bedford

15 ST BEDE’S, BEDFORD St Bede’s, Bedford

16 ST BEDE’S, BEDFORD St Bede’s, Bedford

17 ST BEDE’S, BEDFORD St Bede’s, Bedford

18 ST BEDE’S, BEDFORD St Bede’s, Bedford

19 ST BEDE’S, BEDFORD St Bede’s, Bedford

20 ST BEDE’S, BEDFORD St Bede’s, Bedford

21 ST BEDE’S, BEDFORD Interiors by PRP working closely with the client and end user

22 ST BEDE’S, BEDFORD St Bede’s, Bedford

23 ST BEDE’S, BEDFORD St Bede’s, Bedford

24 ST BEDE’S, BEDFORD St Bede’s, Bedford

25 ST BEDE’S, BEDFORD St Bede’s, Bedford

26 ST BEDE’S, BEDFORD St Bede’s, Bedford

27 ST BEDE’S, BEDFORD St Bede’s, Bedford

28 ST BEDE’S, BEDFORD St Bede’s, Bedford

29 Queensway, Leamington Spa Orbit Independent Living

30 ST BEDE’S, BEDFORD Queensway, Leamington Spa Client: Orbit Independent Living 178 Units 110 x 2beds 68 x 1beds Mixed Tenure up to 99% shared ownership External Deck access Dual aspect flats Central location Adjacent to commercial retail park and housing area Change of class use from Employment Completion due April 2015

31 ST BEDE’S, BEDFORD Queensway, Leamington Spa

32 ST BEDE’S, BEDFORD Queensway, Leamington Spa

33

34 ST BEDE’S, BEDFORD Queensway, Leamington Spa

35 ST BEDE’S, BEDFORD Queensway, Leamington Spa

36 ST BEDE’S, BEDFORD Queensway, Leamington Spa

37 Wycliffe Village, Wycombe Grant Taylor

38 ST BEDE’S, BEDFORD Wycliffe Village, Wycombe Supported Living Community 169 Units comprising 115 supported Living Units 24 Care Suites 30 Dementia Care Suites Clubhouse Outright sale and private rental

39 ST BEDE’S, BEDFORD Wycliffe Village, Wycombe A range of accommodation and care to suit individual needs

40 ST BEDE’S, BEDFORD Wycliffe Village, Wycombe

41 ST BEDE’S, BEDFORD Wycliffe Village, Wycombe

42 ST BEDE’S, BEDFORD Wycliffe Village, Wycombe

43 St Mary’s Lane, Upminster McCarthy & Stone

44 St Mary’s Lane, Upminster Client : McCarthy & Stone 21 Units: – 3 x 1Bed Apartments – 19 x 2Bed Apartments Site Area 0.2 ha A ‘Later Living’ Development Aimed at younger older people Within residential area Close to High Street Good transport links Views of Upminster Park to the south Footpath link to park along boundary Planning Approval December 2014 Upminster Park Station Road St Mary’s Lane

45 St Mary’s Lane, Upminster Upminster Park St Mary’s Lane Communal Accommodation to suit size of development including:- Generous foyer Resident’s Lounge Communal Terrace Guest Suite Bicycle & Buggy Store Concierge Service Service charge has to be kept affordable for residents 17 parking spaces for 21 units St Mary’s Lane

46 St Mary’s Lane, Upminster 2 Bed Apartment Area = 79 m² Ensuite bathroom & separate shower room 1 Bed Apartment Area = 57 m² Ensuite Bathroom with bath option Majority of Apartments to have 2 bedrooms All to have generous balconies Generous storage Kitchens ideally should have external windows

47 St Mary’s Lane, Upminster View from Park Contextual yet Contemporary

48 St Mary’s Lane, Upminster Active Street Frontage View from St Mary’s Lane

49 Powell Road, Buckhurst Hill McCarthy & Stone

50 Powell Road, Buckhurst Hill Client : McCarthy & Stone 65 Units: – 15 x 1Bed Apartments – 49 x 2Bed Apartments – 1 x 3 Bed Apartment Site Area 0.92 ha Private for Sale An ‘Assisted Living’ Development Housing with Flexible Care Within residential area Abounds Linder’s Field Nature Reserve Awaiting Planning Determination

51 Powell Road, Buckhurst Hill 0.6 miles to Tube Station Level change across site Within Green Belt Very affluent area!!

52 Powell Road, Buckhurst Hill Upper Ground Floor Sense of Arrival Port Cochere 57 Parking spaces Active street frontage Distinct Private landscape courtyards

53 Powell Road Extra Care, Buckhurst Hill Entrance & Restaurant Terrace Visible from the Street

54 Powell Road, Buckhurst Hill Extensive Communals including:- Generous Foyer Reception with Coffee Bar Restaurant Function Room Lounge Buggy Store Wellbeing Suite Guest Suite Access to garden on two levels

55 Powell Road, Buckhurst Hill Entrance Foyer

56 Powell Road, Buckhurst Hill Open Plan Lounge

57 Powell Road Extra Care, Buckhurst Hill 2 Bed Apartment Area = 79 m² Ensuite bathroom & separate shower room 1 Bed Apartment Area = 57 m² Ensuite Bathroom with bath option Majority of Apartments to have 2 bedrooms One 3 Bedroom Apartment All to have generous balconies Kitchens to have external windows or Juliette balconies Generous walk-in wardrobes

58 Powell Road Extra Care, Buckhurst Hill Sense of Arrival Hidden parking courts Active street frontage Distinct Private landscape courtyards Roof Terrace Landscape Proposals

59 Powell Road Extra Care, Buckhurst Hill View from Nature Reserve Embedded within Landscape Setting

60 Powell Road Extra Care, Buckhurst Hill Main Entrance Reinventing the Manor House

61 Model must flex to suit Location Budget – service charge Demand in area 58% of over 60’s are interested in moving with ¼ interested in buying a retirement property - equates to 3.5M people (HBF) Currently building 100,000 per annum Lack of private for sale units Insufficient supply across tenures Market can support a variety of models & tenure Conclusion


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