Banbury’s housing market has been given a welcome boost with the completion of 15 affordable new homes in Grimsbury.
The nine-month project at South Parade in Middleton Road was undertaken by housing provider Sanctuary Group and supported by Cherwell District Council. It includes seven rental and eight shared ownership properties.
Councillor Debbie Pickford, Cherwell’s lead member for housing , said: “I visited the Middleton Road site back in March as construction work was getting started and it is fantastic to see the transformation that has taken place since then.
“The development has delivered the high quality family housing it promised and is sure to make a real difference in an area where affordable housing is so much in demand.”
The £2 million development received investment from the Homes and Communities Agency (HCA) and the seven rental properties include a detached three-bedroom bungalow, a two-bedroom coach house, a two-bedroom house and four three-bedroom houses.
The eight shared ownership properties include five two-bedroom and two three-bedroom houses, plus one two-bedroom apartment.
Jonathan Mullins, Sanctuary’s head of development for the Midlands, said: “We’ve seen a great deal of interest shown in both the rental and shared ownership properties and are delighted to be delivering these much-needed affordable homes in this area of Banbury.”