It continues to be busy period of development for Broadacres as we continue to deliver affordable housing opportunities for people in our rural communities.
These include two schemes in the Yorkshire Dales National Park which are now nearing completion.
In the new year we will begin handing over homes in the first phase of a 49-home development in Sedbergh, Cumbria, and also complete work on a five-home scheme in the village of Bainbridge, Richmondshire.
In Sedbergh, we are building a mixture of two and three-bedroom houses and two-bedroom bungalows, as well as three four-bedroom and one five-bedroom home. Of the 49 homes, 34 of these will be for affordable rent and shared ownership, with people in Sedbergh and the surrounding communities given first refusal on these properties.
And in Bainbridge, we are providing two two-bedroom and three three-bedroom homes, all for shared ownership, with first preference being given to people already living in the village or surrounding areas. This will enable people to get a foot on the property ladder for as little as £24,000 for 10% share of the property, with the ability to staircase to increased this to a maximum of 80% in the future.
Elsewhere, we are about to hand over the final few properties which will complete our 97-home scheme at Sowerby Gateway. All of these homes are affordable – 59 for rent and 38 for shared ownership -, and all heated using Air Source Heat Pump (ASHP) renewable energy technology – marking the first time Broadacres has used renewable energy on a scheme where a gas connection is available.
At Sowerby we have provided a mixture of homes to benefit a cross section of people, including one-bedroom flats, two-bedroom bungalows, family homes and adapted bungalows for people with disabilities, so effectively helping to create a new community in this part of rural North Yorkshire.
Another scheme where people have already started moving into their homes is on the site of the former iconic Tall Trees nightclub in Yarm where we are building 79 homes for affordable rent and shared ownership and a further 35 properties for outright sale.
And in relation to new schemes in the pipeline, we are set to start work in the new year on an 88-home scheme in the village of Aiskew, near Bedale. All of these will be affordable with 49 for rent and 39 for shared ownership.
Broadacres is also working closely with the North Yorkshire Moors Natural Park to look at the delivery of 100 new homes over the next five years, with a scheme of around a dozen new homes in Danby possibly to become the first of these.
This is just a small ‘snapshot’ of recent development activity but we are, of course, progressing many other schemes across our area, which we look forward to sharing with you in 2024.