Families are moving into their new homes in Salford in time for Christmas as part of a regeneration scheme from Arcon Housing Group launched by Lead Member for Housing and Neighbourhoods Cllr Tracy Kelly.
Stakeholders, including Arcon Housing Group Board members and the Deputy Chief Executive of Bolton at Home Noel Sharpe, attended the launch at the Bellway Homes’ Edenfields development at Boothstown in Salford.
Arcon is offering 21 new three or four bed-homes for shared ownership or rent as part of the wider Bellway Homes development, which also includes a range of private homes available. Prices start from £99,800 for a 40% share in a four-bed home, with private sale prices ranging from £319,995 to £469,995. The rented properties have been advertised on Salford City Council’s Choice Based Lettings scheme - Salford Home Search and are set at £133 per week for a three-bed home and £152 per week for a four bed-home.
Families will be helped by the Government abolishing stamp duty on shared ownership homes up to £500,000, which was announced in Philip Hammond’s recent Budget.
Claire Morris, Development Director for Arcon Housing Group, added:
“This development shows the breadth of Arcon’s ambition, ranging from developing a small but complex infill site at Trafford to being part of this large-scale high quality regeneration scheme in Salford.
I’m proud of the team at Arcon who have worked on this, which is a great example of public and private partnership working, involving Bellway Homes, Salford City Council and other stakeholders.”
Edenfields is a development of new homes in Boothstown, which benefits from a rural backdrop yet is conveniently situated for accessing the amenities of Salford and Manchester. The three and four-bedroom properties are constructed in a variety of styles, appealing to first-time buyers, families and professionals.