Million pound makeover

Lorne Street residents, who once feared they might lose their homes, benefit from £1 million improvements programme.

We acquired 92 properties in the Leith street from the Agnes Hunter Trust just over twelve months ago. The grant-making Charitable Trust's decision to sell the properties to safeguard its ability to maintain financial grants to organisations which support health and social welfare in Scotland, had left tenants facing an uncertain future.

Since taking over the portfolio we have significantly improved 21 empty units by installing gas central heating, undertaking electrical upgrades and replacing kitchens and bathrooms where necessary. We have now successfully re-let all previously empty properties in the portfolio.

We are investing a further £960,000 before the end of March 2018 on a planned maintenance programme that will see timber double glazing installed in all properties, heating upgraded where required to meet our standards, a programme of roof maintenance as well as kitchen and bathroom improvements.

Richard Jennings, Managing Director

"The purchase of the properties in Lorne Street ended a period of insecurity for the residents and our investment programme is a mark of our commitment to the future of the properties and the health and wellbeing of our tenants. We remain grateful to the Scottish Government and City of Edinburgh for their help in making the acquisition possible and I am confident that both the physical and service improvements we promised, and are delivering on, will make an already tight knit community a great place to live."

Photo © Alan Murray-Rust (cc-by-sa/2.0) is copyrighted but also licensed for further reuse.

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