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Housing Development Aims to Create 138 Units by the 31st of March 2018

Housing-Development-Aims-to-Create-138-Units-by-the-31st-of-March-2018

The first phase of a housing development that aims to create 138 units by the 31st of March next year has been completed. Last week, on the 23rd of June, the award-winning housing developer Barratt Homes handed over 51 homes that are a part of the Ness Castle development. Albyn Housing Society took the final handover of the homes and thirteen tenants for the housing development were given their keys.

A partnership has been created between the housing society and the housing developer with the aim of creating 138 units by the 31st of March next year. The first phase of this development means that the partnership has taken a significant step toward this goal, and it has been announced that the second phase of the development that will take place near Loch Ness will see a further 27 units constructed.

All of the houses in the first phase of the development have been successfully allocated, let or sold, which is another positive for the development and the partnership between Albyn and Barratt Homes. The 51 houses that make up the first phase of the development are a mixture of one, two, three and four bedroomed properties that have been built to enter mid-market rent and sale. Albyn Housing Society placed all of the properties on the market under their Albyn Enterprise low-cost home ownership scheme called LIFT.

The £6 million development that is taking place near to the popular Scottish location of Loch Ness has received a grant for the value of £2.5 million from the Scottish Government. The Ness Castle development will offer the tenants and residents high quality modern homes that are attractive and in a sought after and spectacular environment near to the famous Loch. Hopefully the rest of the development will be as successful as the first phase appears to have gone.

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BDC 316 : May 2024