Dynamic Smart Flat Concept for City Living
Very few new private homes within Edinburgh are built at the agreed “affordable” price band, however one developer, Chamberlain Bell, has introduced a new product to the private market that more than meets this criteria.
Currently being built at Couper Street, Leith, Chamberlain Bell is developing a new concept in Smart Flats – a development called The Metro Building, where a one bed Smart Flat offers a separate bedroom zone to the living room.
These apartments are circa 366-380 sq. ft. in size and offer well priced, fully private, new built homes within 3 miles of Edinburgh City Centre.
City councils usually require 25% of a development to be affordable, however The Metro well exceeds this with its clever and dynamic design. We firmly believe that the concept being developed by Chamberlain Bell is something which can be rolled out throughout the city and further.
Ballantynes, as a marketing agent, firmly believe this concept is a most viable way forward for city centre private living:
More units can be delivered on a development site due to size and layout.
With clever design the flats offer all necessary living requirements – a bed zone, kitchen, shower room, storage and a living room, all within 400 sq. ft.
Due to the compact nature, the price can very often, as demonstrated in the case of The Metro, being set at under the affordable threshold level.
This concept can certainly work where space is at a premium but there is the opportunity and ability to build upwards.
It also allows the developer to provide fully private, well priced living as a mainstream product.
We consider that this design should be utilised as a template, across the city in appropriate locations, and used to demonstrate how developers are now reconsidering the ability to build a unique product in order to meet this growing demand.
For more information on The Metro Building, contact the Edinburgh office on 0131 459 2222.