29 October 2014
Local councillors were recently invited to a special viewing of our new show home at Stourport Road, Kidderminster.
The £6 million development by Waterloo Housing Group is based on the former Reilloc Chain factory site. It will provide 56 new affordable homes, including one and two-bedroom flats and two and three-bedroom houses, with 23 for shared ownership.
The project was developed in partnership with Wyre Forest District Council and was supported with £1.8 million of investment grant from the government’s Homes and Communities Agency.
Councillor Marcus Hart, leader of Wyre Forest District Council, said: “I was delighted to be invited to attend and see this exciting project. The site will provide much-needed affordable housing and this is an excellent use for a former brownfield site.”
Local contractor Thomas Vale Construction, which has its main office in Stourport on Severn, is building the homes for Waterloo.
Glen Schofield, housing director at Thomas Vale Construction, said: “This is the eighteenth scheme we have delivered in partnership with Waterloo. We are enjoying working with our local supply chain and business partners to provide these modern new homes for Wyre Forest residents.”
Steve Dyson, a board member of Waterloo Housing Group, added: "The new properties have regenerated this former factory site and, in turn, will provide a new beginning for many local families - whether urgently needing a suitable rented home or wanting a chance to buy their own place through shared ownership. Affordable housing schemes like this really do make a difference.”
The homes are due for completion between late November 2014 and March 2015. Prices start from £34,375 for a 25% share and the show home is available to view by appointment. Visit the Stourport Road development page for more details.
The rented homes are being let through the District Council’s choice-based lettings scheme, Home Choice Plus.