Weaver Vale (Prospa Homes) undertakes its largest development in Wilmslow
Cheshire-based housing association Weaver Vale Housing Trust has signed a contract with David Wilson homes to bring 52 homes for shared ownership and affordable rent to the town of Wilmslow, Cheshire.
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.
Weaver Vale Housing Trust is investing over £8 million in acquiring these homes, making it the largest development the Trust has undertaken. 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 and Chair of North West housing consortium, JV North, said: “This is an important scheme for Weaver Vale which will see the delivery of affordable homes in an area where both rental and purchase prices are significantly higher than the average, creating a barrier to owning and renting homes for local people.
“This is a significant development in our ambitious plans to develop 460 homes over the next four years as part of our wider commitment to tackling the housing crisis across Cheshire and the North West.
“We are delighted to be working with prestigious developer David Wilson Homes to create high quality homes across a range of tenures and 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, allowing both first time buyers and families to get onto the housing ladder in this sought after Cheshire town.
The development is due to be completed in 2025
*Figure correct at time of going to press, information from Zoopla August ’19 for Wilmslow, Cheshire.
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