Old Vinyl Factory completes first homes
by Natalie Vincent Wed 11 July 2018, 11:55 am
Residential developer HUB and investor Bridges Fund Management have completed 54 homes for sale at The Boiler House, part of The Old Vinyl Factory regeneration project in Hayes.
Designed by architect Studio Egret West and built by Henry Construction, The Boiler House provides 54 studio, one and two-bed for-sale homes, with floor-to-ceiling windows, modern kitchens and balconies. Led by U+I, the £250 million mixed-use project is located at the 6.88-ha former EMI site, which made records until the late 1970s.
The Boiler House also offers rooftop allotments for residents to grow their own vegetables and plants and includes two ground floor retail units.
With prices starting from £270,000, many of the units have been made available through the government's Help to Buy scheme. It is located a short walk from the new Hayes & Harlington Elizabeth line station, which will provide 20-minute train journeys into central London.
With over 80% of homes sold prior to completion, Simon Ringer, partner and head of property funds at Bridges Fund Management, said: "London desperately needs more high-quality, lower-cost housing to meet the needs of its ever-growing population. The projects we are developing with HUB in underserved areas of London draw on the latest sustainable design and construction techniques. It is great to see the first of these innovative projects reach completion, and we look forward to welcoming the first residents into The Boiler House."
Once completed, the masterplan will include up to 642 homes, 51,096sq m of commercial space, leisure facilities and an extensive public space.