Plans for a £23m development of 120 prefabricated homes, on an old trading estate have been approved by Herefordshire Council.
Social housing provider Stonewater is to put up affordable housing on the old Holmer Trading Estate in Hereford. With support from Homes England, the site has been cleared and the housing is on order.
Ilke Homes, a volumetric house-builder with a factory in Knaresborough, North Yorkshire is acting as turnkey developer for Stonewater.
The planned development is to deliver 74 affordable rent and 46 shared ownership homes, comprising a mix of one, two, three and four bedrooms.
John Hickman, llke Homes development director said: “While the housing market has remained largely insulated from the wider economic downturn that we’ve seen as a result of Covid-19, rapidly rising house prices have meant that affordable levels are at an all time low”.
“Since launching our full development “turnkey” offering, we’ve been able to offer housing associations, councils, investors and developers a solution to housing delivery that provides certainty over construction programmes”.