Construction work is starting on the £4.1 million regeneration programme at Beasley Place, Chesterton, Newcastle-under-Lyme, which will create 43 affordable new homes and a series of environmental improvements.
The development, on the site of a former sheltered housing scheme, is being funded by Aspire Housing and Newcastle-under-Lyme Borough Council. The scheme was proposed following a series of public consultations and a housing needs survey to find out what the local community wanted.
The 43 new homes will range from flats, bungalows, and two, three and four-bedroom houses. Twenty properties will be available for shared ownership and 23 for rent.
Shared ownership is when buyers purchase an initial 50 per cent share in a property and pay rent on the rest to help them get on the property ladder.
The high quality architectural design of the scheme will ensure that the site becomes a desirable place to live and will help attract new residents to Chesterton.
Sinéad Butters, chief executive of the Aspire Group, said: “Aspire Housing is excited to be working in partnership with Newcastle-under-Lyme Borough Council on the regeneration of the Chesterton area. By bringing into use disused land we will provide high quality affordable homes for the local community.”
Cllr. Robin Studd, Cabinet member for regeneration and planning, said: “Newcastle-under-Lyme Borough Council is committed to building sustainable communities and helping to ensure residents have greater choice in being able to live in a home that is affordable, in excellent condition and meets their needs.”