elgin-dev15

What will be built?

  • 43 new homes
  • 12 for rent to key workers at intermediate rents
  • 31 for rent at "affordable" rents
  • A new community centre on Elgin Avenue
  • A new nursery and community offices
  • A facelift for existing homes on the Elgin estate
  • A number of communal rooftop gardens
  • Improved play facilities
  • Improved security
  • Lifts in the new archway blocks that will also serve existing flats in four storey blocks on Athens and Kincardine gardens

How much will it cost?

  • Sixteen and a half Million pounds

How will it be funded?

  • £3.5 million from Westminster City Council
  • £1m from existing cash reserves
  • £12 million from bank loans. WECH will borrow this and repay it from the rents that will be charged on the 43 new flats for rent and from its existing homeless scheme. When the loan has been repaid we will be able to let these flats at WECH rents.

Will rents be increased to pay for the scheme?

  • No. The financing of the scheme comes from the income generated from the rents charged and the grant from Westminster City Council.

Other Questions

What does the Council expect for the grant it will provide?

  • The Council will get nomination rights to the rented homes that are built. We have agreed that they will get 100% of the key worker intermediate rent homes and 50% of the "affordable" rent homes. WECH will be able to allocate the remaining 50% to residents on our waiting lists but they will have to pay the higher rents until the loan has been repaid.

How long will it take to build?

  • The work will be broken into phases so that building works over or next to any existing households will take no more than six months. The overall works are expected to be completed over an 18 month period.

How disruptive will it be during the works? Will people have to move?

  • The most disruptive part of the work will be the removal of the existing roofs on the blocks in Athens and Kincardine Gardens. The contractor will provide a dedicated Tenant Liaison Officer to keep residents informed about what is happening and make sure that the contractor takes into account the needs of residents on the estate. WECH staff will also be on hand to make sure that disruption is kept to a minimum. There will be no internal works carried out to existing homes so no households should need to move. We will provide a refuge flat so that if people need to get away from the works for a few hours or so then there will be a comfortable place to go.

Can WECH residents move into the new flats?

  • We will have to get confirmation from Westminster City Council but we see no reason why an existing WECH resident should not be able to transfer on a like for like basis from their current home into one of the new homes. We also believe that it will be possible to offer this option, on a similar like for like basis, to leaseholders who wish to swap into one of the new homes – subject to any valuation adjustments.

Elgin Estate Development


Additional information