Temple Cowley, Oxford
48 new homes for sale and rent on former leisure centre site.
Oxford is the UK’s least affordable place to buy a home, with average house prices over 16 times the city’s average annual income: the highest ratio of anywhere in the UK. (Source: Daily Telegraph, 26 Feb 2015). There is a desperate need for new homes – especially new affordable homes – in the city.
Catalyst has been granted planning permission from Oxford City Council to build 48 homes on the site of the former Temple Cowley pools. 50% of the new homes will be affordable, with 19 social rent units and five shared ownership properties and the remaining 24 for market sale.
This city-centre development will deliver a much needed range of new apartments and houses that will help meet an increasing housing demand in Oxford. Designed by Hester Architects, the scheme is made up of three blocks of apartments and a series of semi-detached and terraced properties.
Catalyst purchased the site from Oxford City Council in December 2014, and now hope to begin construction work onsite later this year. Work is expected to take two years to complete.
Tom Titherington, Executive Director of Property & Growth at Catalyst said, “I am delighted that our Temple Cowley scheme has been passed by Oxford City Council. Our development will deliver much needed new affordable housing to local people, in line with the Council’s housing policies.”
Malcom Hester, Chairman of Hester Architects said, “We have a long history of working with Catalyst and we are delighted that our Temple Cowley designs have been approved for planning. The design complements local surroundings and features high quality, landscaped open spaces that allow for spectacular views towards Oxford skyline.”