Leeds Federated Housing Association to Deliver New Homes
July 2023 – Keyland Developments Ltd, the property trading arm of Kelda Group and sister-company to Yorkshire Water, has sold a site in Pudsey, West Yorkshire to Leeds Federated Housing Association for the delivery of 54 new homes.
Keyland secured outline planning consent from Leeds City Council for the new homes under a Planning Promotional Agreement (PPA) with a local landowner in 2021. The site was marketed with the benefit of outline planning permission and a suite of technical information by Keyland and the Leeds office of Cushman & Wakefield.
The transaction 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 on strategic sites to facilitate development by securing planning consent for future use. The Pudsey PPA followed on from agreements with landowners in Wakefield, Leeds, and Calderdale.
The 5.5-acre site is located in an established and popular residential area mid-way between the centres of Leeds and Bradford, adjacent to Owlcotes Reservoir on Owlcotes Road.
Matthew Turnbull, Land & Planning Manager at Keyland Developments Ltd
Phil Roebuck, Partner at Cushman & Wakefield who acted for Keyland in the land sale
Gordon Rogers, Head of Long Term Strategy at United Utilities
Damian Allen, Chief Executive, Doncaster Council
Liz Barber, Chief Executive at Yorkshire Water