The not-for-profit housing association Yorkshire Housing is planning to build 120 homes on a site it has purchased in Knaresborough, North Yorkshire.
The social landlord will develop homes for a range of ownership options at the 18-acre development site on Boroughbridge Road in the village of Scriven.
The housing association has acquired the land from Dacre, Son & Hartley’s agricultural and development division after negotiating the sale with a national development promotion company.
Andy Gamble, Director of Development at Yorkshire Housing said: “We are delighted to have completed the purchase of this site and are looking forward to starting our latest development. The 120 new homes will be mixed tenure and will provide homes for shared ownership, affordable rent, rent to buy and market sale.
“We want to continue creating new communities that bring more, much needed homes to Yorkshire where our customers are proud to live and call home. The creation of 120 new homes in Knaresborough is another step towards us delivering on our strategic priority of delivering 8,000 new homes by 2030.”
Planning for the development was approved in August 2020 with work set to start on the two-, three- and four-bedroom homes this month.
It is anticipated that the first homes on site will be ready for residents to move into by January 2022.
Ian Cox, director from Dacre, Son & Hartley and head of the firm’s agricultural and development team, said: “This is a prime, oven-ready development site that sits just over a mile from Knaresborough town centre, so it attracted interest from a wide range of housebuilders and developers.
“Agreeing this sale with Yorkshire Housing will deliver a good mix of high-quality homes that will appeal to all demographics, including many who would otherwise find themselves priced out of the market in this part of North Yorkshire.”
Yorkshire Housing currently owns and manages nearly 20,000 homes throughout Yorkshire.