Key workers join overseas ultra-rich in Millbank Quarter in central London, close to Big Ben
Every time Kwame Agyekum’s mother comes to visit him at his flat she asks him: “You’re sure this is really your place and not a luxury hotel?”
Agyekum’s flat is within a new luxury development “in the shadow of Big Ben and the Houses of Parliament” in central London. Apartments within the Millbank Quarter project are beingThe cheapest one-bedroom flats in the development – which is across the street from parliament and has views of the Thames – areare advertised to rent for more than £3,600 a monthAgyekum’s rent is £862.42 a month.
“The consultant’s initial conclusion was that the scheme could support £7.04m in lieu of affordable housing on site but further assessment by the consultant resulted in the conclusion that the scheme could support the provision of nine intermediate units on site and a payment in lieu of affordable housing of £3.52m.” When the scheme was expanded the number of affordable units rose to 13.
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