Housebuilder Bellway acquires 24-acre site in Liverpool city region and reveals plans to build 291 new homes, 30% of them ‘affordable’. Tony McDonough reports
Bellway is to build 291 new homes after acquiring a 24-acre Liverpool city region site.
It says it will build a mix of two and three-bedroom semi-detached homes and hree, four and five-bedroom detached houses at Kenyons Lane in Lydiate.
The housebuilder has secured planning permission for the scheme. Work on the site, on what was previously farmland, is due to begin this autumn. Bellway says 30% of the homes will be classed as affordable.
Affordable housing is usually classed as a rental or sale price that is no more than 80% of local market value.
Jenny Bell, sales director at Bellway, said: “This latest land acquisition in Merseyside is great news for the company. It is a superb location and we will be building a good selection of two, three, four and five-bedroom homes, catering for all budgets.”
Bellway has also agreed to invest more than £650,000 in local community improvements in a Section 106 agreement with Sefton Council. Section 106 agreements see developers offer to offer local funding as part of the planning approval.
In this case Bellway will contribute £471,852 to highways to be used to improve the Kenyons Lane and A59 junction. It will also offer £166,452 towards healthcare and £18,333 towards mitigating recreational pressure on the Sefton Coast.
Bellway plans to release the first homes for sale in the winter. It has scheduled 2023 for the opening of the show homes.