A deteriorated maltings, empty for more than 15 years in Mildenhall Road, Bury St Edmunds, has undergone a £4m revamp to become 35 homes for Havebury Housing Partnership.
The Grade II listed Old Maltings, has been renovated into one and two bedroom flats with 23 being rented to tenants and 12 sold as part of the affordable housing provider’s shared ownership scheme.
Tenants have been receiving the keys to their new homes, with many going to existing Havebury tenants who were looking to move to a smaller home as a result of the Government’s Welfare Reform.
The new rules mean that ‘under-occupying’ tenants now have money deducted from their Housing Benefit if they are living in a property with more bedrooms than they are deemed to need.
Karen Mayhew, chief executive of Havebury Housing Partnership, said: “Delivering new, high quality affordable housing for our tenants is one of our top priorities at Havebury.
“The Maltings is just one of a number of new developments we have coming to fruition this year providing much needed affordable homes in the area.”
The mid-19th century Maltings has been empty since 1995 when it was last used as a furniture shop.
Havebury said it worked with St Edmundsbury Borough Council and English Heritage to ensure the development plans were ‘sensitive to its history and surroundings’.
The development attracted grant funding from the Homes and Communities agency of £985,000.
Havebury, a charity and not-for-profit association, manages 6,000 homes. Visit www.havebury.com.