Plans to build new homes in Manchester have been approved by Manchester City Council.
Redrow Homes is about to start construction work on the new home development after the project got the go-ahead from the local council
Locals will be offered priority on the first of six phases of the new homes in Manchester. The new home development in Moston and Harpurhey will be able to start reserving new flats and new houses in May, while fully furnished show homes will be open this summer.
New home developer Redrow Homes is advising would-be home owners not to miss out on the chance to secure one of these brand new homes at an especially affordable price.
Christine Aitken, sales director for Redrow Homes (Lancashire), said: "We already have a waiting list of people for many of these homes following a consultation exercise and exhibition held locally. Anyone wanting to be sure of benefitting should register their interest as soon as possible by telephone or via the web.
"Priority will be given to local people, with existing residents of Harpurhey and Moston wards given the first chance to buy the new properties before they go on general sale. So we would urge those interested to get in touch quickly."
Working with Manchester City Council, Redrow will be offering the opportunity to defer paying 25% of the purchase price for its traditional looking, energy efficient new homes. This means a two-bedroom property will be on the market with prices starting from £78,746 and a three-bedroom home from £93,746.
City planners have given consent for Hanson Gardens, the first phase of 128 two and three-bedroom terraced and semi-detached homes, in the Hanson Road area, near Hugo Street, off Lightbowne Road. An immediate start will be made on construction with show homes due to open by August.
Julie Connor, head of regeneration at Manchester City Council, said: "Improving housing quality and choice in north Manchester is a central part of our strategy to ensure the area is a popular place to live. This scheme will add momentum to the regeneration of Moston and Harpurhey, as well as creating local jobs."
The Hanson Gardens site is less than a mile from both the Newton Heath and Moston Metrolink station (formerly Dean Lane railway station) and the Central Park stop on the Victoria to Oldham / Rochdale lines. These stations are due to open in April 2011 and trams to Manchester Victoria will run every six minutes at peak times.
It is one of six phases that will eventually provide more than 400 new homes in Harpurhey and Moston, with residents of both wards being given priority to purchase as each new phase is launched.
Totalling 25 acres in all, the six sites are centred around Cole and Albine Street, Princedom Street, Winnie Street, Bute Street, Hanson Road and Kingsley Avenue, in an area where Manchester City Council has invested heavily in community improvements. They are all close to the shops and facilities of Moston Lane and North City, North Manchester Sixth Form College and several schools.
Redrow's new homes will be made more affordable through a 75% shared equity loan, allowing purchasers to defer a quarter-share of the initial purchase price for up to 10 years as an equity loan. This scheme will be administered by the City Council and is designed to ease the transition for purchasers from renting or living with family to owning a home of their own.
Buyers who take up the equity mortgage scheme will still own 100% of their home from day one. Future phases will introduce detached properties, including larger four-bedroom family homes.
Christine Aitken added: "We will be building a good mix of homes for everyone; individuals, couples, friends sharing and families.
"Properties will feature traditional elevations with an ‘Arts and Crafts' influence, based on our recently launched New Heritage Collection. Inside, they will boast extra large master bedrooms and living spaces in line with the City Council's ‘homes for life' specification, plus special measures to make them more energy and water efficient, and they will be fully accessible and easily adaptable for occupation by a disabled person."