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Ikea's flat-pack village
Topic Started: Jan 31 2008, 02:06 PM (197 Views)
u4coffee
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Just Married
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Ikea has built Britain's first flat-pack village.

And nearly all of the 93 timber-framed homes have been snapped up by first-time buyers, reports the Daily Mirror.

Posted Image

The new owners, who are due to move in next month, will not be facing a DIY nightmare as the homes have been assembled for them.

The 36 flats and 57 houses range in price from £90,000 to £160,000.

Ikea teamed up with building company Live Smart At Home, which provides affordable housing, to create St James' village in Gateshead, Tyne and Wear.

A spokesman for Ikea said: "We won't be selling to property investors. It's for people who haven't been able to get on the property ladder."

Live Smart boss Alan Prole, said: "We are really happy with what we have achieved here."

Ikea hopes to expand the project to 12 more sites across Britain over the next 18 months.

http://www.ananova.com/news/story/sm_2707218.html
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timmadigan
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Chief Engineer
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was everything build with an allen wrench???

Not sure I'd trust a home like that.
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Norbert
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No wonder they're cheap if they're Ikea *and* Tyne and Wear....

<roflmao>
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Red Andy
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Personally I think it's a great idea, especially as they are flat-out refusing to sell to property investors. If only more developers would take on initiatives like this, the housing crisis would be nowhere near as bad within a few years.
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