Market Leads & Opportunities

ilke to build 146 modular homes for affordable rent and shared ownership

Source: https://housingdigital.co.uk/ilke-to-build-146-modular-homes-for-affordable-rent-and-shared-ownership/

Modular housing specialist ilke Homes is set to build 146 multi-tenure single family homes for a new housing scheme in Wellingborough, Northamptonshire.The homes will be manufactured offsite at ilke Homes’ 250,000 sq.ft factory in Yorkshire before being transported to Glenvale Park.ilke Homes has partnered with Man GPM to acquire an eight-acre site for the new housing project, from master developer Northants LLP.The accommodation will include four four-bedroom homes, 59 three-bedroom homes, 67 two-bedroom homes, and 16 one- and two-bedroom apartments.Of the 146 homes being delivered, 101 will be made available at affordable rent levels and 45 for shared ownership, with the aim of improving access to high-quality housing for essential workers and middle-income families.As part of the wider masterplan, residents will benefit from a significant amount of local amenity which is being delivered as part of Glenvale Park’s wider masterplan.This includes a local centre with extensive retail and leisure amenities; two new primary schools; a community hub with a community centre, nursery, public square, and family play park; a 25,000 sqm business park providing 3,000 new jobs; and 200 acres of parkland.Tom Heathcote, executive director of Development at Ilke Homes, said: “ilke Homes is increasingly becoming a partner of choice for institutions looking to increase their exposure to the housing market.“Our accredited modular methods of delivery will ensure that the scheme will align with Man GPM’s own, stringent ESG criteria, while also providing much-needed, energy-efficient homes for the local community.“We look forward to working with both local planning officials and other stakeholders to finalise plans for what will be a well-designed sustainable development, in keeping the wider Glenvale Park urban extension.”The announcement marks the second partnership scheme between Man GPM and ilke Homes, following a £31m deal to deliver a 227-home scheme in Grantham, Lincolnshire, announced in December 2020.