Interest from housebuilders as scheme gets greeen light

PROPERTY developer Prospect Estates has been granted planning permission for a scheme of 55 houses on the site of a former woodwork mill in Wakefield.

Otley-based Prospect said the opportunity had sparked national interest from house builders and would create a number of job opportunities in the area over the next year.

Developing on the three acre plot, which is presently disused, would help regenerate a site which has been closed for the last five years, the company said.

Prospect Estates bought the former industrial land from a private individual via agent Lambert Smith Hampton last July.

The agreed planning permission will enable the mixed scheme development of three and four bedroom houses to proceed, with demolition of the old mill section already underway.

John Lund, chairman of Prospect Estates, said: “we are delighted at how quickly we have secured planning permission for this site. We have already generated a lot of interest in the site from various national house builders, which hints that the housing market is starting to show remarkable signs of recovery.”