Housebuilder acquires £13m Prestbury site for luxury properties
Altrincham-based privately-owned property development company, Altin Homes, has obtained a three acre Prestbury site to build five ‘super contemporary’ homes which will command selling prices of between £2.25m-£2.45m.
A sixth property will follow as part of the project which as a gross development value of £13m.
Planning has been approved to develop five properties at the site, Waterbank, which is located on Heybridge Lane and is set to be a significant milestone in an already well-established portfolio.
Development is set to commence next month with completion of the first units late next year.
The award-winning developer said it is responsible for some of Manchester and Cheshire’s most lavish developments and exclusive locations.
Recent developments include No.1 Hilltop in Hale, recently on the market for £5.5m and Bank Farm Grove, Holmes Chapel.
Styal’s Annabelle Tugby Architects conceived the striking designs for the homes.
Detailed construction plans are now being finalised by Calderpeel and Barnes Walker.
Design director of Altin Homes, Yousef Mousavi, said: “Waterbank is our first development in Prestbury which, in itself, is exciting.
“The designs of the homes are stunning and we will bring our experience and expertise to bear when completing these beautiful homes.
“This site deserves outstanding architecture that will compliment not only the site, but also the neighbourhood.”