Historic Deal New Build Creates 928 Homes Near Leeds Docks

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    We are pleased to report that the Housing Association The Guinness Partnership has secured the biggest deal in its 129-year history, the Leeds Docks new build. Being developed is a 600,000 square foot site in Leeds in Hunslet Road. Over £3 million worth of stock has been sold, such is the popularity of the site. This is only in the first 10 weeks of launch. This makes this one of the best selling worldwide schemes we at North Property group have been involved with.

    Full Planning

    The deal includes full planning permission to build 928 homes, as well as a number of commercial outlets. Guinness has promised that a minimum of 35% of the homes will be for the affordable housing market, thanks in part to support from the Homes England.  As part of the Home England Strategic plan, the government partner granted Guinness funds to begin building 4,500 new affordable homes throughout England by 2022.

    Encouraging Signs For The Leeds Market

    The plans have been welcomed by business and government alike, also. Oliver Banks, Managing Director of North Property Group said, “The purchase displays the faith some of the largest associations have in the Leeds market. The partnership only proves the strength and demand within the Leeds housing market.”

    Councillor Richard Lewis concludes: “The Guinness Partnership’s proposals are fantastic news for Leeds. That it is committing to its biggest ever scheme here and intending to deliver so many new affordable homes is a real mark of confidence in our vision for the South Bank, where we want to ensure regeneration and growth benefits all the city’s residents.”

    There is already major investment underway at Leeds South Bank with plans for new secondary and further education facilities. Also there will be a new city park and a renewal of the city centre’s transport system.

    We can help if you’re seeking your own home or a buy-to-let investment in the South Bank area. Check out our help to buy section, or give us a call on 01134 264 444.

    Call Us:
    Leeds: +44 (0) 113 4264 444
    Manchester: +44 (0) 161 2449 060

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