A major housing development in Pudsey has moved a step closer after Keyland Developments revealed it has sold the site to Leeds Federated Housing Association for the delivery of 54 new homes.
Keyland secured outline – in-principle – planning consent in 2020 from Leeds City Council for the new homes on Owlcotes Road under what’s called a Planning Promotional Agreement (PPA) with a local landowner.
Detailed plans for 66 homes were then submitted last September and are yet to be approved by Leeds City Council – and the proposals now appear to have been scaled back to 54 homes.
The sale represents Keyland’s first completed PPA sale in which they acted as Land Promoter as well as joint owner with the neighbouring landowner. The PPAs involve Keyland working with independent landowners, corporates, and regulated bodies to overcome obstacles to development by securing planning consent for future use.
The 5.5-acre site is located in an established and popular residential area next to Owlcotes Reservoir on Owlcotes Road.
Matthew Turnbull, Land & Planning Manager at Keyland Developments Ltd, said: “We are delighted to have completed our first PPA sale with this site.
“The planning consent and subsequent sale to Leeds Federated Housing Association has facilitated new homes to contribute to the local authority’s long-term housing targets.”
Leeds Federated is a housing association managing around 4,600 properties in Leeds, North Yorkshire and Wakefield areas. It rents affordable homes and sells homes through shared ownership schemes.
Keyland Developments Ltd is the property trading arm of Kelda Group and sister-company to Yorkshire Water.
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