An abandoned housing development site in Halton that has become an eyesore for residents has been bought by four businessmen.
Jim Entwistle and Steve Ronson, from Over Wyre, and John Willan and Raymond Huschka, from Penrith, bought the Halton Mills site in Low Road earlier this month.
The site, which includes eleven built and 12 part built townhouses, 17 building plots and a block of 21 flats, has been standing virtually empty for three years after former owners and developers Time and Tide Ltd went into administration.
It was on the market for £1m but the actual sale price of the site has not been disclosed.
Some of the properties facing the river Lune were previously bought and are currently occupied.
Mr Entwistle, who owns properties in Cumbria, said: “We’ve had to pool our resources because the banks aren’t lending money for developments.
We’ve been cracking straight on with it and we’re doing well.
“We’ve already got six sold and another two or three interested parties.
“The houses are in good condition considering there’s been no heating in for a few years.
“We’re carrying out some basic improvement work but nothing major.
“It wasn’t a popular development in Halton from the start, but it’s there now, and we hope to greatly improve the site.”
Mr Entwistle said his business partners had a lot of experience in construction, engineering and property development.
He added: “We’re hoping to sell one house every two weeks, but really how long it takes to complete the site will depend on how quickly we sell the properties.”
An open weekend for prospective buyers will be held on September 29 and 30 at the site, between 9am and 4pm, where people can view a show property and look around the site.