Market Leads & Opportunities
Three-year partnership to bring 95 homes
Representing a total investment of £5m, the development has received over £2.8m in grant funding from the Scottish Government.Albyn Housing Society has partnered with housebuilder, Barratt Homes, to bring 95 homes to Inverness.The partnership will run until March 2020 and is said to concentrate on the Culloden West site in Stratton, Inverness.The site will be developed in three distinct phases, due for completion in September 2019.According to the partnership, the first phase will comprise of 42 one and two-bedroom apartments suitable for two, three and four-person occupancy.Representing a total investment of £5m, the development has received over £2.8m in grant funding from the Scottish Government.Once complete, around 95 homes will be available, 73 of those reported to be available for social rent through Albyn Housing Society, 12 for mid-market rent and 10 available to buy through the LIFT scheme (Low Cost Initiative for First Time Buyers).Phases two and three of the site are due to host a range of terraced, semi-detached and detached homes suitable for three people through to seven people.
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