Living Space Housing secures residential land in Telford from Homes England
Solihull-based Living Space Housing has secured a 6.3-acre site off Majestic Way in Telford from Homes England with the disposal being managed by Telford & Wrekin Council as part of the Telford Land Deal.
Living Space will develop a scheme of 39 houses as affordable homes, following approval of a Reserved Matters application. The scheme will be developed on behalf of a Registered Provider and Living Space is currently in discussions with a number of regional and national interested parties. The project is anticipated to have a development value in excess of £7million.
Living Space is a development-led residential planning, design and construction services solution for Registered Providers, PRS Funds, the NHS, Universities and Defence Estates. Having launched to the market last year, the company is already on site at its first three developments. It has a total of 357 residential plots under control across the Midlands, representing a combined construction value in excess of £41million.
Steve Davies, Managing Director of Living Space Housing said: “It is rewarding to be working with Homes England and Telford & Wrekin Council to bring forward this residential development site, which is within easy reach of Telford town centre. While the Coronavirus pandemic has led to construction work pausing on many development sites to keep everyone safe, our land team is working hard to secure many more projects like this one.
“We are actively seeking immediate and longer-term development opportunities and have the funding in place to progress these deals. We would be delighted for agents, developers and landowners to get in touch and explore how Living Space Housing can offer a safe and viable alternative for your residential land.”
Providing an end-to-end service to Registered Providers (RPs) enables them to deliver more homes with greater efficiency. Living Space takes care of land, planning, design, build and development. It can also assist RPs by delivering open market homes in order to help with a scheme’s viability. This enables Living Space’s clients to be able to focus on the funding and management of high-quality homes for their residents.
The newly secured Majestic Way site is located within the established residential area of Aqueduct, less than two miles south west of Telford town centre. Aqueduct forms part of Telford’s urban area and benefits from convenient access to a wide range of educational, retail and leisure services and amenities. Majestic Way is well served by bus routes into the town centre and the A442 (Queensway) is close by and connects with the M54, which leads to Shrewsbury and Birmingham. The UNESCO World Heritage Site of Ironbridge Gorge is only two miles from the site.
Living Space’s first three live development sites comprise 26 homes located off Britannia Way in central Telford, 51 homes at Pixiefields in Cradley, on the outskirts of Malvern, Herefordshire and 48 homes at the former Victoria Carpets Sports Ground on the outskirts of Kidderminster town centre in Worcestershire. All are mixed-tenure schemes. The latter two are in conjunction with leading affordable housing provider Stonewater, while Living Space’s remit covers all aspects of land acquisition, planning, development and construction.