Dozens of new ‘rent to buy’ flats could be built on a former car wash site in Stockport town centre. Housing association Great Places has submitted plans for 73 one and two-bedroom apartments across two adjoining blocks on disused land at King Street West.
The half-acre plot sits within the ‘Town Centre West’ regeneration zone - which local leaders hope will become the region’s ‘coolest, greenest’ urban village, eventually boasting 3,500 homes. Part-funded by Homes England, the development is intended to complement other developments proposed for the area by adding ‘high-quality’ affordable homes to the mix.
Every apartment will be available through the government-backed Rent to Buy scheme - giving residents the opportunity to save for a deposit by reducing the rent to 80pc of market rates for at least five years. Planning papers add: “The aspiration of the proposed development is to encourage new residents to establish roots in Stockport, to contribute positively to the community, have the opportunity to live a more sustainable life and contribute to the social, economic and regenerative development of the expanding Town Centre West neighbourhood.”
