Work has begun on a new £18million residential development in Altrincham.
The former YWCA building, which lies on the corner of Ashley Road and St John’s Road, has stood derelict for several years and developed a reputation as a local eyesore.
However, it’s now set for demolition and reconstruction as a luxury development called Alderbank after developer Real Estate Investment Partnerships Ltd confirmed the appointment of Barnfield Construction. The council approved the plans last March.
The Lancashire-based company has now commenced work on the project, which will take around a year to build and consist of 34 large apartments and 6 mews houses. The development has been designed by Ollier Smurthwaite architects.
Eleven of the properties are currently under offer. Mews houses have been going for £300,000, with a three-bedroom apartment on the market for £800,000.
Stephen Slater, chief executive officer of Real Estate Investment Partnerships Ltd, said: “Barnfield Construction has proven to be the ideal partner to bring Alderbank WA14 to life. The team has a stellar track record in the construction of premium residential developments, with exceptional attention to detail, so we’re very confident that they will deliver this luxury scheme to the high expectations of our buyers.”
“Alderbank has captured the attention of potential investors and buyers alike, so we know the pressure is on to deliver one of the most sought after developments in the area for some time. Being a stone’s throw from Altrincham, the development will boast incredibly easy access to the fantastic – and continually developing – amenities.”
There will also be ground-level and underground parking for 86 cars, landscaped communal gardens and a croquet lawn.
John Parkinson, Contracts Manager for Barnfield Construction, added: “Alderbank WA14 is an exciting project which will give us the opportunity to cement our reputation as a contractor which can deliver a smooth construction service, as well as an exceptional finished product. Delivering a scheme that’s in such high demand is a rewarding endeavour and we’re excited to be part of the regeneration of Altrincham, in our own way.”
Real Estate Investment Partnerships Ltd is also handling the £9m redevelopment of the former Transform HQ on Green Walk in Bowdon.
More pictures of the Alderbank development: