A 0.2 hectare site in Haggerston is to become a fantastic new co-living development. The project by Morro, known as The Kline, got approval earlier this month. We want to take a closer look at the plans here today. Then, if you need some help with investing and guaranteed rent in Hackney, you can rely on us.

New plans

The vacant site is on Kingsland Road, beside Regent’s Canal. It is an excellent location, within easy walking distance of Haggerston Overground Station. There are plenty of amenities in the area, including coffee shops, restaurants, and bars. Locals can enjoy several nearby green spaces too, such as Shoreditch Park, Haggerston Park, and London Fields.

Morro’s plan for the site is to create a 150 home co-living scheme. The plans to get permission are an update on previous ones from 2020. This new version has 31 more homes. It also provides more amenities for residents, including a rooftop garden, a gym, and co-working spaces. There will be 1,500 sq/m of workspace.

Although there have been changes to the plans, the designs for the development will retain the original visual and heritage value. PV solar panels will provide renewable energy, improving sustainability and the carbon footprint. Overall, it is shaping up to be a great development. We’ll be keeping an eye on it and other projects to ensure we are ready to offer guaranteed rent in Hackney if any clients need it.

More about Morro

This will be the fourth co-living scheme for the developer in London. They also have The Alba at Surrey Quays, The Altham at Walthamstow, and The Hawlis at Hackney Wick. All three have planning approval.

Managing Director at Morro, Neil Smith, had some comments on the projects. He said they are “committed to providing flexible, thoughtful, well-designed housing”. They want to ensure every development meets the needs of living in a city. Referring to The Kline in Haggerston, he said they want to deliver “high quality, canal-side living and contribute to the rich and dynamic character of the area”.

What next?

The estimate is work will begin on the site later in 2025. It will create new jobs for the area. This will include a number during the construction and ongoing positions when the co-living development is up and running.

Do you want to learn about guaranteed rent in Hackney?

Haggerston is an interesting part of Hackney. It has become popular because it is close to Shoreditch, one of the capital’s major hotspots. So, there is likely to be quite a lot of demand for the new co-living units at The Kline. If it is a success, it could inspire similar developments.

If you plan to invest in properties in Hackney and want some incredible guarantees, we have the services for you. Guaranteed rent is our main area of focus. We have dealings with local councils all across London. As a result, we can deliver legitimately excellent solutions.

So, if you want to try guaranteed rent in Hackney or want further info, you should speak to us. We’ll do the very best we can for you.