WORK on a multi-million pound scheme to transform a derelict Altrincham site into 40 luxury homes is under way.

Barnfield Construction commenced construction of the £18 million Alderbank WA14 development after being appointed by developer Real Estate Investment Partnerships Ltd.

The development, formerly known as Alexandra House, will consist of 34 large apartments and six mews houses on the corner of Ashley Road and St John’s Road.

Eleven of the properties are currently under offer.

Stephen Slater, chief executive officer of Real Estate Investment Partnerships Ltd, said: “Barnfield Construction has proven to be the ideal partner to bring Alderbank WA14 to life. The team has a stellar track record in the construction of premium residential developments, with exceptional attention to detail, so we’re very confident that they will deliver this luxury scheme to the high expectations of our buyers.”

“Alderbank has captured the attention of potential investors and buyers alike, so we know the pressure is on to deliver one of the most sought after developments in the area for some time. Being a stone’s throw from Altrincham, the development will boast incredibly easy access to the fantastic – and continually developing – amenities.”

This is one of several schemes that the luxury developer is launching across Cheshire, Manchester and London, including Highbank at Green Walk, the £9 million regeneration development of the former Transform Clinic in Bowdon.

John Parkinson, contracts manager for Barnfield Construction, added: “Alderbank WA14 is an exciting project which will give us the opportunity to cement our reputation as a contractor which can deliver a smooth construction service, as well as an exceptional finished product. Delivering a scheme that’s in such high demand is a rewarding endeavour and we’re excited to be part of the regeneration of Altrincham, in our own way.”

Enquiries and sales will be handled by Hibbert Homes (0161 929 6922) of Hale Village and Gascoigne Halman (0161 929 1500), based in Altrincham.