Transcript Document

Housing for Older People
Diverging Business Models
Anne-Marie Nicholson – Partner
Jenny Buterchi – Director
London
Surrey
Manchester
A Growing Market
Health in Crisis: Care in the Community
Day Care
Home Care
 Private Nursing
£1,000pw
Nursing
Dementia
Acute Hospitals
Care
RESIDENTIAL
COMMUNITY
 Residential Care
(Public sector)
£350- £500pw
 Assisted Living
£150- £200pw
Respite
Care
Home Care
Rehab
 Hospital
£3,000pw
 Home Care
£15ph
Indicative Housing Market for Older People
Private Sector
Middle Market
Public (Voluntary) Sector
Local Authorities
Housing Association
Charities
Private Sale
Staying put
Home Care Services
& Home Improvement
Agencies
Leasehold Sale
Shared Ownership
Affordable Rental
Independent Living:
An attractive alternative for older
people wishing to downsize across
both public & private sectors
Attractive Inclusively-Designed Apartments
Independent Living (HAPPI Housing?)
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Staying in Control
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Choice & Variety
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Design Quality: Attractive Homes
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Lifestyle Alternative
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Location & Connectivity
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Affordable
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Care Continuity
Lifetime
Neighbourhood
Care and
Support
Community
Interface
Attractive
Homes
Independence
& Control
Lifestyle
Alternative
Diverging Business Models
Diverging Business Models – The Middle Market
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Little or no Grant available
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Cross subsidy benefits
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Planning gain
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Community benefit
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Meeting a demand
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Sustainable communities
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Huge numbers of home owners over 55
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Boomer generation looking for a lifestyle change
Social Housing providers and the Private sector are focussing on the same sector.
St Bede’s, Bedford
Orbit Independent Living
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
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Client : Orbit Independent Living
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Project HAPPI Winner Housing
Design Awards 2011
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Best Development Winner CIH
Midlands Awards 2014
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104 Units:
– 29 x 1Bed
– 75 x 2Bed
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Mixed Tenure
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50% Affordable Rent
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50% shared ownership
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Central location
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Existing buildings
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Completed Summer 2014
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
•New Build / Retained Buildings / Demolished
Buildings
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
ST BEDE’S, BEDFORD
Interiors by PRP working closely with
the client and end user
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
St Bede’s,
Bedford
ST BEDE’S,
BEDFORD
Queensway, Leamington Spa
Orbit Independent Living
Queensway,
ST BEDE’S,
BEDFORD Leamington
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Client: Orbit
Independent Living
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178 Units
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110 x 2beds
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68 x 1beds
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Mixed Tenure up to 99%
shared ownership
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External Deck access
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Dual aspect flats
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Central location
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Adjacent to commercial
retail park and housing
area
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Change of class use from
Employment
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Completion due April
2015
Spa
Queensway,
ST BEDE’S,
BEDFORD Leamington
Spa
Queensway,
ST BEDE’S,
BEDFORD Leamington
Spa
Queensway, Leamington Spa
Queensway,
ST BEDE’S,
BEDFORD Leamington
Spa
Queensway,
ST BEDE’S,
BEDFORD Leamington
Spa
Queensway,
ST BEDE’S,
BEDFORD Leamington
Spa
Wycliffe Village, Wycombe
Grant Taylor
Wycliffe
Village,
ST BEDE’S,
BEDFORD
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Supported Living
Community
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169 Units comprising
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115 supported Living
Units
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24 Care Suites
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30 Dementia Care Suites
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Clubhouse
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Outright sale and
private rental
Wycombe
Wycliffe
Village,
ST BEDE’S,
BEDFORD
Wycombe
A range of accommodation and care to suit individual needs
Wycliffe
Village,
ST BEDE’S,
BEDFORD
Wycombe
Wycliffe
Village,
ST BEDE’S,
BEDFORD
Wycombe
Wycliffe
Village,
ST BEDE’S,
BEDFORD
Wycombe
St Mary’s Lane, Upminster
McCarthy & Stone
St Mary’s Lane, Upminster
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Client : McCarthy & Stone
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21 Units:
– 3 x 1Bed Apartments
– 19 x 2Bed Apartments
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Site Area 0.2 ha
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A ‘Later Living’ Development
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Aimed at younger older people
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Within residential area
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Close to High Street
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Good transport links
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Views of Upminster Park to the
south
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Footpath link to park along
boundary
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Planning Approval December 2014
Upminster
Park
St Mary’s Lane, Upminster
Communal Accommodation
to suit size of development
including:•
Generous foyer
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Resident’s Lounge
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Communal Terrace
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Guest Suite
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Bicycle & Buggy Store
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Concierge Service
Service charge has to be kept
affordable for residents
17 parking spaces for 21
units
Upminster Park
St Mary’s Lane, Upminster
1 Bed Apartment
• Area = 57 m²
• Ensuite Bathroom with bath option
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Majority of Apartments to have 2 bedrooms
All to have generous balconies
Generous storage
Kitchens ideally should have external windows
2 Bed Apartment
• Area = 79 m²
• Ensuite bathroom & separate shower room
St Mary’s Lane, Upminster
Contextual yet Contemporary
View from Park
St Mary’s Lane, Upminster
Active Street Frontage
View from St Mary’s Lane
Powell Road, Buckhurst Hill
McCarthy & Stone
Powell Road, Buckhurst Hill
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Client : McCarthy & Stone
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65 Units:
– 15 x 1Bed Apartments
– 49 x 2Bed Apartments
– 1 x 3 Bed Apartment
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Site Area 0.92 ha
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Private for Sale
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An ‘Assisted Living’
Development
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Housing with Flexible Care
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Within residential area
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Abounds Linder’s Field
Nature Reserve
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Awaiting Planning
Determination
Powell Road, Buckhurst Hill
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0.6 miles to Tube Station
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Level change across site
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Within Green Belt
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Very affluent area!!
Powell Road, Buckhurst Hill
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Sense of Arrival
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Port Cochere
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57 Parking spaces
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Active street
frontage
Distinct Private
landscape
courtyards
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Upper Ground Floor
Powell Road Extra Care, Buckhurst Hill
Visible from the Street
Entrance & Restaurant Terrace
Powell Road, Buckhurst Hill
Extensive Communals
including:•
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Generous Foyer
Reception with Coffee Bar
Restaurant
Function Room
Lounge
Buggy Store
Wellbeing Suite
Guest Suite
Access to garden on two
levels
Powell Road, Buckhurst Hill
Entrance Foyer
Powell Road, Buckhurst Hill
Open Plan Lounge
Powell Road Extra Care, Buckhurst Hill
1 Bed Apartment
• Area = 57 m²
• Ensuite Bathroom with bath option
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Majority of Apartments to have 2 bedrooms
One 3 Bedroom Apartment
All to have generous balconies
Kitchens to have external windows or Juliette
balconies
Generous walk-in wardrobes
2 Bed Apartment
• Area = 79 m²
• Ensuite bathroom & separate shower room
Powell Road Extra Care, Buckhurst Hill
Embedded within Landscape Setting
View from Nature Reserve
Powell Road Extra Care, Buckhurst Hill
Reinventing the Manor House
Main Entrance
Conclusion
• Model must flex to suit
• Location
• Budget – service charge
• Demand in area
• 58% of over 60’s are interested in moving with
¼ interested in buying a retirement property equates to 3.5M people (HBF)
• Currently building 100,000 per annum
• Lack of private for sale units
• Insufficient supply across tenures
• Market can support a variety of models &
tenure