Town house scheme on former industrial site approved by planners
The application comprised 12 two-bed townhouses (Melbourne) and four three-bed townhouses (Brunswick), with parking and garden, all of which are freehold and will be available to buy. The site was previously an industrial building.
The developer says it wants to get on site and begin building as soon as possible. Addington adds it anticipates show home delivery in the first quarter of 2020, with the scheme to be fully complete by the end of June 2020.
Addington said it had originally secured planning permission to build a scheme for one 100 apartments, but following market research, decided to build freehold housing for sale instead. The company has other residential developments in the city, including at Headingley Park, where it has a 152-unit PRS scheme.
Roshan Ramlugun, Partner at Addington Capital said: “We are delighted to have gained planning permission for this scheme, which we believe will help meet an ever-increasing demand in Leeds city centre, for both occupational and investment properties.
“Leeds has a vibrant young professional market looking for quality space as they move up the ladder. We believe they will find our scheme attractive.”
He noted that Leeds is the UK’s fastest growing city, adding that over the next ten years its economy is forecast to grow by 21%, with financial and business services set to generate over half that growth.
