Full details of £43m Leicester apartment scheme revealed

Investors behind a £43 million scheme to create nearly 300 homes on a high-profile site in Leicester city centre have today released new images of how the finished development will look.

Way of Life is building the 297-apartment complex opposite the Highcross Shopping Centre on Vaughan Way.

The development will feature a shared rooftop terrace, with a wood-fired pizza oven, barbecue space and views over the city, along with a private dining room, library, cinema room and a shared living area called The Perch.

The development has been taking shape over the past 18 months and is now nearing completion, with the first apartments likely to be ready for rent by summer 2019. The five, seven, ten and twelve-storey blocks are joined together by a shared roof terrace.

The apartments will be a mix of studios, one-bed and two-bed accommodation. The development will feature 119 car parking spaces and secure bike storage and will offer a concierge service, on-site maintenance, cleaning and security.

The ground floor of The Wullcomb consists of over 8,000 sq. ft of space that has been set aside for commercial use. A total of four units are available to tenants and will be left as shell and core.

Managing Director Sowgol Zarinchang explained that Way of Life were investing into the city for the long-term and were keen to become fully integrated into the community.

“We’re not a management platform that offers property, we are dedicated to providing a sense of community that the customer will experience throughout their stay with us.

“We view ourselves as part of the hospitality industry and so our professional customer relationship managers will be on site at all times to help our customers with anything they need.

“Leicester is a city that is vibrant, cultural, and always has something exciting going on. We are keen to partner up with local businesses wherever the opportunity arises and directly impact the community through a cultural programme including health and wellbeing events and cooking demos.

“We also noticed that there was some constraint in the city’s housing supply with nothing quite like the Wullcomb available to people. There was a real gap in the market for our offering and we are excited to not only be providing somewhere to live, but a whole new lifestyle for our customers.”