Part-funded with a £3.15m grant from Homes England, the 2.3-acre site will see the development of 54 affordable apartments and 30 houses for shared ownership. Tony McDonough reports
Your Housing Group (YHG) is to build 84 homes on the site of the former Kensington Market after securing planning consent for the £10.5m project.
Part-funded with a £3.15m grant from Homes England, the 2.3-acre site will see the development of 54 one and two-bedroom apartments, within two apartment blocks, available for affordable rent and 30 two and three-bedroom houses available for shared ownership.
To be classed as ‘affordable for rent’ housing must be offered for rent at no more than 80% of the local market rate and is distinct from social housing where rents are usually significantly lower.
Being built on land south of Prescot Road, between Lister Road and Lockerby Road, the scheme, known as Market Grange, will also include rear gardens, landscaping and car parking for more than 100 cars, as well as on-site cycle storage.
The two three-storey blocks of apartments will front onto Prescot Road, with the traditional two-storey housing to the rear. Lorraine Donnelly, director of development for YHG, said: “This development is designed to offer young families the opportunity to live close to the city centre in much-needed affordable homes.
“Prescot Road is one of Liverpool’s historic high streets and the scheme will contribute towards the ongoing regeneration of this area, supporting the local district centre. A range of retail, leisure and community amenities are all within easy walking distance of the site.”
YHG became one of Homes England’s Strategic Partners earlier this year. MCI Developments, based in Wigan, has been appointed architects and contractor.
Construction work is due to start at the end of June and the development is due to be completed by November 2020.