New rental homes scheme launched at Wombwell

NEWS: News.
NEWS: News.

A scheme to build new private rented housing in Wombwell has been approved.

Barnsley Council will provide land at Aldham House Lane for the development of 25 two and three-bed houses, as part of a consortium led by South Yorkshire Housing Association.

The plan is part of the Sheffield City Region private sector build-to-rent scheme, which aims to create thousands of high quality homes for private rent. It is supported by Barnsley, Rotherham and Sheffield councils.

Dearne Coun Alan Gardiner, Cabinet Spokesperson for Corporate Services, said: “This was a vacant site that we’re bringing back into use, helping to grow the economy by creating new jobs and housing for local people.

“We’re pleased with the £7.3m funding that the scheme has attracted from the Homes and Communities Agency. We’re very happy to support this, and the match funding from South Yorkshire Housing Association, by providing the land as our contribution.”

All of the councils involved will receive 18 per cent of the profit after costs when the development is sold on. Barnsley’s equity share will be just over four per cent, or around £54,000.

The project is seen as bringing much-needed inward investment of some £2.3m in the borough, as well as creating additional housing in Wombwell. Local labour and suppliers will be used in the site’s development.