A co-living brand looking to change the face of renting is launching its second London space in Earlsfield.
The Sunday Mills building, expected to be completed in September and open for renters to move into in October, is set riverside in SW18 and is the second in brand Folk’s co-living catalogue in London.
The site will feature a roof terrace with 360-degree views of London, a huge co-working space, high spec community kitchen, a gym, cinema room, lounge and on-site restaurant and bar for co-living residents to enjoy.
Paul Naylor, General Manager of Sunday Mills said: “The launch of Sunday Mills in Earlsfield is an exciting next step in Folk’s journey as we continue to offer hassle-free co-living in London.
“As our brand has grown over the past few months, we’ve been able to hone our offering, take all the best bits of co-living and combine them with state-of-the-art design and innovative technology to launch Sunday Mills.
“We’ve balanced the indoor and outdoor spaces perfectly by working with architects and positioning the building riverside, and we are really excited for our first residents to sign up and move in later this year!”
The building has been designed around Folk’s key pillars of community and connection, encouraging social interaction and the formation of new friendships and relationships.
After extensive research with renters and following the launch of the brand’s first co-living space earlier this year in Harrow, Folk aims to disrupt the rental market by removing the traditional pain-points tenants face such as run-down accommodation, lack of outdoor or working-from-home space, and rising cost of bills.
Folk offers a £1,479 studio price per month not only including access to all events and communal areas including gym, cinema and co-working space, but also covering all bills, removing the worry of rising costs which many are facing in the current climate.
Folk has also said that 35% of the studios at Sunday Mills are reserved as affordable housing, with studios starting from just £182 a week for renters who most need them.
The eight-storey building has 315 private studios and shared spaces for residents to come together and cook, enjoy social events, work-out and relax.
There will also be included food hall concept situated in the building facing the river, offering different types of cuisine for both Folk and local Earlsfield residents to visit.
The site is just a four-minute walk to Earlsfield train station, where residents can jump on a train to central London in 15 minutes.
Additionally, Folk has committed to donating 1% of the net operating profit back to charities and community organisations in the area, as well as powering the building with renewable energy sources.