Multimillion-pound affordable housing development set for Wilmslow | Latest news

Multimillion-pound affordable housing development set for Wilmslow

A multimillion-pound development will bring 52 affordable homes to one of the UK’s most glamorous towns.

Cheshire based Weaver Vale Housing Trust has invested over £8million in the scheme which will see 52 shared ownership and affordable rent homes and duplex apartments built. It aims to enable local people that are currently priced out of the market in the area to get onto the housing ladder.

The homes will be delivered by the Barratt and David Wilson Homes North West division as part of its prestigious David Wilson Homes ‘Stanneylands’ development, in the heart of Wilmslow, which will see 174 new homes built in total over the next five years.

The development will include three-bedroom family houses, featuring generous outside spaces, one and two-bedroom duplexes, and one and two-bedroom flats all with high specification interiors. The shared ownership homes will be marketed under ‘Prospa Homes’, Weaver Vale’s new development brand.

Wayne Gales, Chief Executive at Weaver Vale Housing Trust, said: “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.

“This is our largest development to date in our ambitious plans to develop 460 homes over the next four years and is part of our wider commitment to tackle 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.”

With average house prices in Wilmslow currently standing at £456,297*, Weaver Vale is aiming to provide a welcome addition to the local housing market by offering shared ownership homes available from £72,000** for a 40% share, allowing local people to get onto the housing ladder in this sought after Cheshire town.

The development is due to be completed in 2025

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*Figure correct at time of going to press, information from Zoopla August ’19 for Wilmslow, Cheshire.

**Price correct as of October 19. Prices may differ at point of sale agreement.

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