Development appraisal for a co-operative-led affordable housing scheme in York.
We supported YorSpace with a development appraisal for Morell House—a former care home they were looking to convert into a 17-flat, community-owned scheme in Clifton, York. Focused on affordability, sustainability, and co-operative governance, the project required custom modelling of rent levels and long-term cashflows. Our input enabled YorSpace to test financial viability and move closer to delivering equitable, future-proof homes for local people.
Pointe Michel are diligent, knowledgeable and clear communicators. Working with us on the financial viability for our complicated community led, affordable housing project in York they were flexible and great at responding to our (sometimes counterintuitive) requests to alter parameters within the model. The work they did has helped us in the short term but the outputs we have been given will be useful as we move forward with our plans.
James Neward – YorSpace CLT
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