An artist’s impression of the new three-story town houses to be built on Rasen Lane
City planners approved the development of two three-story town houses on Rasen Lane, close to the historic Bailgate and in the uphill area of Lincoln.
Construction of the dwellings is expected to begin in the first week of October and they should to be completed and on the market in time for Christmas.
“It is rare that opportunities arise to build new homes close to the historic Bailgate area of the city and we expect them to be snapped up very quickly,” said Daniel Race from Hodgson Elkington, the chartered surveyors who sold the land with planning permission to the Quaybronze developers.
The houses with on-site private parking are situated close to the junction of Rasen Lane and Newport.
“It is not often that an opportunity to build homes so close to the Cathedral Quarter comes along, “ said Colin O’Boyle, managing director of developer Quaybronze Limited.
“I expect the houses to fetch between £170,000 and £180,000, and there already interested buyers waiting in the wings,” O’Boyle added.