Finefair offers various services for property owners across London. One of these is acting as the lettings agent City of Westminster landlords can have confidence in. Whatever your needs, we can work with you to help build as well as manage your portfolio. This ensures that you get the assistance you require.
Parsons North Development
Work recently began on 60 new-builds off of Edgware Road. This will provide the area with much-needed affordable housing. The plan is to convert a car park that is currently not getting full use. This scheme will create a building with 41 homes for private sale, 10 for social rent, and 9 for intermediate rent.
Osborne, the contractor, had a ceremony to mark the milestone. The celebration saw the first spade to go in the ground for digging the foundations. The completion date for the project is the spring of 2021.
The plan is to build this project on top of a car park that people rarely use. As well as the homes, there will be brand new retail space along with 54 new parking spots. Proceeds from the private homes are set to go back into Westminster projects. This money will therefore fund things like affordable housing schemes and landscaping improvements.
Westminster City Council is looking to deliver 1,850 new affordable homes by 2023. This community investment will help enhance the economy and local area. It is another step forward for the borough to help them meet their target. Transforming the car park is a great example of innovation to create more housing.
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