Good news! On 6th April, Middlesex Street residents were sent a letter from the City of London informing them of an application (17/00250/FULLR3) to convert some of the shop fronts on the podium into “nine one bedroom affordable flats”.
Full details were as follows:
’75, 79, 85, 89, 95 & 97 Middlesex Street & 2 & 14 Gravel Lane, London, E1 7DA Change of use from shop use (Class A1) (upper level retail storage) to residential use (Class C3) comprising of nine one bedroom affordable flats at podium level and associated external works.’
Some existing tenants have contacted me to say that they were concerned that if rent at these flats was set at an ‘affordable’ rate i.e. cost no more than 80% of the average local market rent, then they would not be very affordable at all.
I have contacted the case officer dealing with this application earlier this week and they have today reported back that “The City’s Housing and Commercial Development Manager has confirmed that the flats would be let at a social rent.”