More options for affordable housing

19 Aug 2013

A new £14m development has been opened in Partick, offering people living in the West End of Glasgow more options for affordable housing.

Centurion Way, a new development by Partick Housing Association,  was opened by Deputy First Minister Nicola Sturgeon on Monday 19th Aug, providing affording housing options in an area of high demand.

The award winning development, which was constructed for Partick Housing Association by McTaggart Construction Ltd, was given £7 million of funding support from the Scottish Government through Glasgow City Council. The development provides several options for affordable housing as its 87 homes cover three tenures - 43 for social rent, 22 for shared equity sale, and 22 for mid market rent.

Centurion Way is the first mid market rent development in Glasgow to be funded under Glasgow City Council's development programme. This new housing product is designed to provide affordable rented housing for households who cannot afford to buy or rent privately and who are unlikely to qualify for social rented housing. Research by Glasgow City Council found that that around 10% of Glasgow households could be in this position.

Partick Housing Association is in a prime location to deliver mid market rent as Partick is an area of high housing demand, with a low number of social rented homes, a thriving but expensive private rented sector, and an economically active but low income community.  In the West End private rents for a two bedroom flat are around £700 per month. The association is offering its mid market rent homes from £473 per month for a one-bedroom flat to £575 for a three-bedroom flat.

A play park has been constructed for children who live in the flats and the development also contains a combined heat and power system (CHP). The CHP generates electricity on site and uses the heat produced as a by-product of the generation process to reduce demand on the communal gas boilers. This technology helps to reduce fuel poverty and CO2 emissions, resulting in energy cost savings compared to conventional systems.

 

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  • Centurion Way