Monday, June 24, 2024

Work commences on 128 affordable homes in Wellingborough

The construction of 128 new homes at Roundhouse Way in Wellingborough has been marked by a site visit from key stakeholders.  

The event, held at the new development site that will be known as Station Island, was attended by senior development representatives from national affordable housing provider, Stonewater, members of Vistry Group, the construction partner for the project, as well as consultants Ridge and Partners LLP.    

From the creation of the 128 new homes, 11 will be available for affordable rent, with a further 14 available on a Rent to Buy scheme, meaning customers can rent a home at 80 per cent of the market rent, allowing them to save for a deposit and purchase their own home after five years. 39 of the homes will be allocated for shared ownership and the remaining 64 homes available for social rent.  

A piece of public art will be installed at the scheme, a key feature that Stonewater has strived to include in all of its developments since 2012, to encourage a sense of community among customers.  

Chris Montague, Development Director for East and North at Stonewater, said: “These new homes on Roundhouse Way will help to fill the gap for affordable homes within Wellingborough.

“The range of housing options will mean that people in the local area will be able to choose a home that best suits their needs. We’re excited for work to be starting and look forward to this new community beginning to grow.”  

Andy Reynolds, Managing Director of Vistry South East Midlands, said: “We are thrilled to be working with Stonewater on this development in Wellingborough. Once complete, it will not only meet the housing needs of the area but will help create a new thriving and sustainable community.” 

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