Prospect Estates have completed on the sale of their Kirkstall Road site today following the award of planning permission earlier this year for 272 residential dwelling and three commercial units to Nu Vu Developments who are a group company of Your Housing Group, one of the UKs largest social housing providers with over 28,000 homes across the country.
The site is located on the edge of Leeds city center and extends to 3.7 acres.
John Lund Chairman of Prospect Estates Ltd said “We are delighted to have completed on the sale of this site. The site attracted strong interest due to its excellent location and the continued strength in demand within the regional residential market”.
Prospect Estates retain the adjacent three storey mill building which it intends to convert to 43 residential units, starting later this year.
Prospect Estates were advised by James Mohmmad of Allsop and David Evans of Addlestone Keane.