We are working with Project Stackhouse, an innovative new housing provider, to develop a network of affordable homes across London utilising small, in-fill sites and volumetric off-site construction technology.
Project Stackhouse have a unique financial model for delivery which relies on land rental rather than purchase. In collaboration with a landowner the development offer includes concepts designs, financial viability schemes and a community benefit strategy. Once agreed, Project Stackhouse will develop and manage the schemes and provide 2 guarantees; 1) to pay the landowner a fixed proportion of the gross rent (typically between 5 – 20%) and 2) 50% of the units are provided at affordable rents for the duration of the lease agreement.
We provide both architecture and engineering design services, with the help of our sister company Expedition Engineering. Our modular system can be configured in any number of ways to suit individual sites and required apartment mixes. The intent is to offer healthy homes that are well laid-out, efficient and flexible, and are constructed from natural, sustainable materials. Robust, energy efficient design will ensure minimal maintenance and running costs for residents.
Useful Studio have been instrumental in helping Stackhouse progress from bid stage to the final round for TfL’s East Finchley project. Both Catherine and Michelle were very proactive and meticulous in producing a comprehensive pack for our submission. During our final tender interview, the senior development manager from TfL specifically commented on the very impressive submission from Useful Studio