City boosted by af­ford­able homes

Yorkshire Post - Property - - PROPERTY -

AF­FORD­ABLE hous­ing is rare in the cen­tre of York but The Gates de­vel­op­ment has shared own­er­ship deals bring­ing the cost of a two-bed­room apart­ment down to 72,500 for a 50 per cent share, while a town­house on the same terms is £105,000.

Tees Val­ley Hous­ing, York Hous­ing As­so­ci­a­tion and City of York Coun­cil are cel­e­brat­ing the com­ple­tion of the £25m project at Re­gent Gate.

The site has 60 bun­ga­lows and 95 homes for af­ford­able rent, low cost home own­er­ship and mar­ket sale, as well as an Au­den House ex­tra care scheme, which al­lows peo­ple to live in­de­pen­dently with sup­port.

The de­vel­op­ment should be fin­ished next month.

the­gate­so­fy­ork.co.uk.

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