Vacant Sunnyside House sold to Linc Cymru for redevelopment
Linc Cymru (Linc), who has a track record of creating award winning, innovative homes, finalised their purchase on Monday 31 January.
With more than 1,500 households currently on Bridgend County Borough Council’s housing waiting list, the acquisition by Linc enables the future development of much needed homes for the area. The purchase will continue Linc’s delivery of affordable homes in Sunnyside, with the site lying adjacent to Sunnyside Wellness Village, a current development of 59 homes and a state-of-the-art healthcare centre.
Louise Attwood, Linc’s Executive Director of Property and Commercial, said:
“Purchasing Sunnyside House is an exciting progression in our regeneration plan for this area of Bridgend.
“We are committed to providing high quality homes that meet the needs of local people, and we want to create connected and vibrant communities.
“We’ll achieve this by working alongside our customers and local residents to ensure that the homes and communities we build are fit for purpose, now and into the future.
“As with Sunnyside Wellness Village, green infrastructure will be a key feature of our future plans, and we will work hard to protect all healthy trees and plants, as we know how important these are for our environment and people’s wellbeing.
“As we complete our purchase of Sunnyside House, we look forward to working alongside the local community and will keep them up to date on our plans, as well as consulting with them at the appropriate stages.”
Work on Sunnyside Wellness Village is currently on hold while Linc progresses the process of appointing a new contractor, something they anticipate achieving by the end of February 2022. Local residents can stay up to date with the progress of this development through a dedicated website here.
Linc secured loan funding for the purchase of Sunnyside House through Welsh Government’s Land for Housing Scheme, which aims to increase the delivery of housing by securing land supply.
Minister for Climate Change Julie James said:
“I’m really looking forward to seeing this development which will provide social homes to people in Bridgend. The Land for Housing scheme has been a real success in helping housing associations buy land to develop affordable and mixed tenure housing through loan funding. As loans are repaid we recycle the funding so that more homes can be built. £82million has been invested in the Land for Housing scheme since its creation in 2014, which will facilitate the delivery of up to 9,000 homes across Wales, of which 75% will be affordable. This is just part of our commitment to increasing the supply of affordable housing in Wales, including building 20,000 new low carbon homes for rent in the social sector.”