DWD were instructed to advise in respect of the extension of a 1930’s apartment scheme in Wembley to provide an additional 72 residential flats. We were initially appointed to provide planning feasibility and appraisal advice to the project team during the design stage and to analyse the viability of a number of potential schemes which sought to increase the quantum of residential development across the site.
In light of this exercise the client proposed a 72 unit vertical extension of the existing building and works to refurbish the existing common parts.
DWD prepared an assessment of the scheme’s viability to accompany a Planning Application with a view to reducing the affordable housing provision below Policy level. DWD demonstrated that the scheme was not capable of providing 50% affordable housing due to the high costs associated with developing atop an existing building.
An affordable housing provision of 11 discounted market rent units (15%) was agreed after extensive negotiations with the Council’s professional advisors.