We're working in partnership with Barratt Homes to build 65 homes on the site of the former St Matthias College in Fishponds.
The development is a mixture of 50 rented properties and 15 shared ownership properties. The first four shared ownership properties were made available in May 2016. Details about the other shared ownership properties will be available soon.
To date, 36 homes have been completed. The remaining homes are due to be ready in a number of phases between up to 2020.
Number of properties: 65
Start on site: 2015
Completion: 2016 - 2020
Project cost: £13m
Four new homes available to buy through shared ownership will make the dream of home ownership a reality for some this new year.
We've started advertising four new homes available to buy at two sites, which are expected to sell fast. Three of the homes are on the site of the former St Matthias College in Fishponds. All three are two-bedroom homes, and are available for £90,000 - £92,000 for a 40% share. The homes are part of Barratt Homes' larger development of 200 properties and are in easy walking distance of Fishponds high street which offers a range of shops, pubs and cafes.
The other property is a semi-detached home in the village of Stone in Gloucestershire. This is our first shared ownership home that we're offering in the county. It's available for £100,000 for a 50% share.
The homes form part of our larger development strategy to increase the number of new homes that we build each year. We're currently on course to meet our target of building 130 new homes in the current financial year. Over the next two years we're aiming to increase this so that by 2019 we're building 300 new homes every year.
More details about all of the individual properties, including how to apply for them are available on our sales page, www.merlinhs.co.uk/sales.