Innovation in housing supply Y:Cube Housing YMCA London South West

What we wanted? Own front door Separate double bedroom Affordable to rent and run Aspirational No need for grant Demountable Low environmental impact Compact

Who is Y:Cube? YMCA London South West – Registered RP – Operating across South West London Supported Housing Health & Wellbeing Children’s & Youth Work Roger Stirk Harbour + Partners – Design lead – R&D SIG – Main contractor

What is Y:Cube Housing? One bed, 26m², self contained unit for single people Volume-metric ‘Back of a lorry’ Demountable Sustainable Code 4 to 6 Low carbon footprint recyclable Life span of 60+ years Good for undeveloped sites – from only 0.2 acre – brownfield sites – leased from 5-20 years Several LAs and housing providers keen to use Strong support from GLA, DCLG & HCA,

About the construction system? Patented technology – Code level 4/6 – airtightness – Excellent acoustic & thermal performance NHBC approved System also used by ASDA, Tesco and Sainsbury’s Independently assessed by Arup, Taywood, BRE Light weight 8 weeks manufacture Meets building regs. Design life 60 years + 20% cheaper than other forms of construction

Design and Planning Adaptable – Schemes can breathe – Lease sites – Cladding solutions Compact Not a homelessness solution – good design Last as if it’s a permanent home Not a life time home – Semi permanent accommodation – Size below GLA size standards – Sufficient for single person for average 3-5 years Full residential planning application Scalable

Budget for 1 st scheme Capital costs Construction £1.5m All fees £0.2m Land £0.4m Total £2.1m Key outcome 36 units plus office £145 rent Annual Revenue Income Rental income £270K Expenditure Capital + Interest £188K Running/mgt costs £81K Surplus £1K

Finance Social Investors – Charitable trusts/foundations lending Institutional finance Bank finance Retail social bond Reserves Local authority investment Grant

Resident Involvement YMCA residents involved in design and development

Social Benefits – Society No grant required Scalable solution £75K saving on benefit payments per year – Compared to typical rent of £220 for the area for someone receiving welfare benefit Increase social mobility Regeneration – Mixed communities – Community facilities

What next?

Contact Details Andy Redfearn – Director of Housing & Development, YMCA London South West Tel