Market Leads & Opportunities
Karbon Homes secures permission for 100% affordable housing scheme in Durham
A new housing development offering affordable homes to local people in Chester-le-Street has been given the go ahead after planning permission was granted this week.Developer Karbon Homes has won approval from Durham County Council to build a 100% affordable scheme of 21 new homes on Bullion Lane on the site of Karbon Homes former Bullion Maintenance depot.The site, which Karbon has partnered with contractor NB Clark to develop, will consist of 12 one-bed apartments for the over-55s, available for affordable rent; and nine two- and three-bed family homes, available to let on a Rent to Buy basis.Lea Smith, Development manager at Karbon Homes, welcomed the planning decision. Karbon says the decision to redevelop the Bullion Maintenance depot site was welcomed by planners, largely due to the number of much needed affordable homes it will provide.The mix of new homes proposed was determined through analysis of local housing demand.Karbon will receive funding for the project from Homes England as part of its strategic partnership.Karbon Homes manages around 30,000 homes across the north-east of England and Yorkshire.
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