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One of London's most elegant new landmark developments, Chelsea Creek by the award winning developer St George, combines luxurious city living with blissful tranquillity, just moments from the stylish King's Road, Knightsbridge, Kensington, Chelsea and the Thames riverfront.
The development has two iconic glass towers – 19 and 16 storeys high – as well as two five-storey wharf buildings. There are more than 300 apartments with bars and restaurants on the lower levels.
In March 2012, Mainstay took over responsibility for the management of the commercial and residential areas of the development:
The Calthorpe Estate provides quality residential living. Properties range in value from £150,000 to more than £4million. Since 1974, development has been a designated scheme of management under section 19 of the Leasehold Reform Act 1967.
The management commission is made up of 4,500 properties within two distinctive yet related portfolios. The first comprises flats and houses across 31 private developments throughout Edgbaston – residents pay a service charge for the maintenance and upkeep of all communal areas and amenity land. The second comprises freehold houses, all of which are subject to the Calthorpe Estates Scheme of Management.
This development is a purpose built apartment block with an additional commercial unit that is currently occupied by Nite Nite Hotel. It has a high level courtyard on the 4th floor which is solely for residential use. The development also has a 24/7 concierge service, a gym, a business suite and 2 conference rooms that are exclusive to residents.
The Moorings is an attractive development of 98 apartments built in 1992 situated by the reservoir in Edgbaston, a very pleasant suburb of Birmingham. This development was poorly managed until 2010 by Managing Agents appointed by the Freeholder. In 2009 the leaseholders formed a Right to Manage Company (RTM) and interviewed a number of Managing Agents to take over the management when the RTM became effective.
Mainstay tendered for the role, along with other leading agents and we were delighted to be appointed.
Mainstay took over its management in late 2010. The property is made up of six conjoined blocks, an external car park and a secure entry system. Inside, there's a single stairwell in each block and service riser cupboards on every floor.
This case study shows our proactive and pragmatic approach to health, safety and compliance on managed properties – we encourage cost effective improvements.