A North West housing association is all set to deliver 52 “affordable” homes in the heart of prosperous Wilmslow in Cheshire.
The mix of shared ownership and “affordable” rent homes are being developed by Weaver Vale Housing Trust’s (WVHT) sales arm, Prospa Homes.
The homes are being built by the Barratt and David Wilson Homes North West division as part of its Stanneylands development, which will see a total of 174 new homes built over the next five years.
“This development will make a real difference in enabling local people to get a foot on the housing ladder in an area where high house prices have meant home ownership has been out of reach for many,” said Wayne Gales, WVHT’s chief executive.
“This is our largest development to date in our ambitious plans to develop 460 homes over the next four years. This is part of our wider commitment to tackling the housing crisis across Cheshire and the North West.
“We are delighted to be working with David Wilson Homes to create high-quality houses across a range of tenures to enable more people to get onto the housing ladder.”
The development will include three-bedroom family houses, featuring generous outside spaces, one- and two-bedroom duplexes, and one- and two-bedroom flats. The shared ownership homes will be marketed under Prospa Homes.
All properties will be available for “affordable” rental and with shared ownership sales starting at £72,000 for a 40% buying share. WVHT said it hopes these homes will enable local people that are currently priced out of the local market, to get onto the housing ladder.
The development is due to be completed in 2025.