Inside Greenholme Mills - the 1700s water-powered textile mill near Ilkley that has now been converted into build-to-rent apartments
While it costs at least 35 per cent more to convert a mill than it does to construct new-build homes, if you do it properly, the bonus is that it is usually far easier to get planning permission to convert a mill into homes than it is to get the go-ahead to build on greenfield land.That is just one of the reasons why Manchester-basedConstruction has been targeting mills in God’s Own County.
MMR has already spent over £20 million on the scheme, designed by Bowman Riley, and it now includes 43 luxurious, one, two and three-bedroom rental apartments with balconies, to create the long-term, steady returns the Canadian investors want. “We have employed the best people, including Bowman Riley and a stonemason who is passionate about old buildings. I am passionate about detail so you can see where the money went.”
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