Developer completes £7m affordable housing scheme

Property developer Living Space has handed all 39 affordable homes at the £7m Majestic Way development in Aqueduct, Telford, over to The Wrekin Housing Group.

The strategic 6.3-acre parcel of land was first earmarked for residential development back in the 1980s.

It was acquired from Homes England, with the land sale being managed by Telford & Wrekin Council as part of the Telford Land Deal. Solihull-based Living Space assembled the land, secured Full Planning consent, and delivered the construction contract in its entirety.

The 39 newly completed purpose-designed modern dwellings are being let at an affordable rent, which is at least 20 per cent below standard local market rents.

Construction work at the expansive scheme commenced in 2021.

Paul Breen, managing director of Living Space, said: “This was the first development site we have purchased from Homes England, and we are especially proud that our programme timetable and quality have exceeded expectations.

“We hope to build on this success and continue our working relationship with both The Wrekin Housing Group and Homes England. ”

The Majestic Way development comprises 19 two-bedroom houses, 18 three-bedroom houses, and two two-bedroom bungalows.

Jane Johnson, project manager for The Wrekin Housing Group, said: “ “We have enjoyed working in partnership with Living Space - these are fantastic properties that our customers are proud to live and call home. ”