TWENTY-TWO new affordable family homes in Upton Dene, Chester, were hailed by Chester City MP Chris Matheson during a tour of the properties.
The Labor MP visited the Upton Dene site on Liverpool Road to celebrate the completion of Weaver Vale Housing Trust’s first homes in the city.
The Trust has taken possession of 11 affordable apartments and family homes and 11 three-bedroom homes for sale as condominiums on the site. The 22 affordable homes are part of a larger Morris Homes development consisting of 74 new homes being built during this phase.
The homes are part of the trusts commitment to provide 800 new affordable homes by 2026 in Cheshire and Warrington.
The condominiums’ starting price of £209,000 for a three-bed terrace compares to properties in Upton averaging £307,969 overall over the past year.
Shares between 25% and 75% will be available, so much lower deposits will be required compared to standard auction houses.
Jo Fallon, Deputy Director of Development at Weaver Vale, said: “Chester is a beautiful and desirable place to live. The earlier than expected addition of these new homes will be welcome as they crucially increase the number of affordable homes in the area.
Weaver Vale has partnered with developer Morris Homes on the project. Upton Dene is now the fourth collaboration between the two Cheshire-based organisations.
The homes available for sale will be managed by Prospa Homes, the condominium arm of Weaver Vale Housing Trust.
Chester City MP Chris Matheson said: “It was a pleasure to visit Upton Dene and see the huge progress that has been made. As we face a national housing crisis, truly affordable housing have never been more important, and I commend the work that has been done to deliver these properties to Chester.
“There is a real sense of community in Upton Dene, and I know it will be a positive addition to the town. Many thanks to Weaver Vale for taking the time to show me around.”