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Product category: Housing, Regeneration and Developments
News Release from: LHA-ASRA Group | Subject: New homes in Leicester
Edited by the Buildingtalk Editorial Team on 02 November 2007

Landmark scheme for 202 new homes in
Leicester

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Two historic mill buildings in Leicester will be transformed into a landmark scheme of 200 new homes by the LHA-ASRA Group after planners gave it the green light.

LHA submitted a planning application for the GBP25million project to convert the buildings, known locally as the Sangra and Shonki buildings, on Abbey Park Street in Belgrave Planners approved the scheme last night (Tuesday 30 October)

Leicester-based architects RG-P have designed the scheme to provide a range of one and two bedroom apartments and a number of penthouse apartments with terraces giving views over Abbey Park.

Some of the apartments will be sold outright, and some for shared ownership.

Prices will vary on each apartment, with one-bedroom apartments starting at GBP115,000 and two-bedrooms at GBP125,000.

Many of the homes will front onto the Grand Union Canal and a feature raised garden in the outside area will be communal to all residents.

Robert Nettleton, Group Regeneration Director of LHA-ASRA, said: "We are incredibly excited about this project.

This is a landmark scheme not only for Belgrave and Leicester but for the East Midlands.

"It will provide the people of Leicester with the opportunity to purchase a home full of individuality in a unique position and will make the most of these historic buildings".

Work is anticipated to start in autumn 2008 and will take up to two years to complete, although there will be some properties available earlier.

One of the mill buildings dates from 1888 while the other is from 1923.

The hosiery company Wolsey originally occupied the premises, before it was divided up into industrial units in 1980s.

According to Leicester City Council, there is a huge demand for one and two bedroom accommodation in the Belgrave ward and the adjoining Abbey Ward.

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