Arley Homes North West Ltd is enjoying a strong start to 2014, following a raft of recent completions in the first six months of trading to 30 November, whilst work is also set to start on two different residential schemes.
The award-winning developer’s landmark site at Chorley, Duxbury Manor, which won a Pride in the Job Quality Award from the National House Building Council, has been enjoying an unprecedented rate of sale – with one property being purchased per week, for the past three months.
This rate of uptake has triggered works to the final phase of the luxury development, which has been acknowledged by many estate agents as the town’s most prestigious address, and will result in a further 29 detached, family homes coming on stream in the spring.
Last month, development began at Tottington Grange, near Bury.
The 14 new-build detached homes are expected to gross in the region of £4m for Arley.
The company has also recently exchanged contracts on a further two sites at Wigan Road, Clayton-le-Woods, where planning permission for 14 five-bedroomed, detached homes, all with double garages, has been granted; and Woodfield Road, Altrincham, where consent for four detached and four semi-detached homes has been secured.
Jim Bowers, sales director at Arley, said: “The company, which restructured its Board earlier this year, has funding facilities available for its developments at Tottington Grange and Duxbury Manor phase four, which started last month.
“Confidence has returned to the housing market and with our exceptionally designed and professionally built properties in popular locations, we’re seeing increased demand across all of our developments.
“This increased confidence, coupled with the uptake in the Government’s Help To Buy scheme, has meant that properties are being snapped up at a considerable rate and across a wide price range.
“We’ve demonstrated a robust development pipeline, which will extend into 2014 with the start of works at our Bury scheme. We couldn’t wish for a better way to start the New Year.”