The partnership’s first scheme will be the redevelopment of the abandoned Bayer industrial complex in West Timperley.

The 1.4-hectare plot is a local eyesore having lain derelict for many years and subject to numerous acts of vandalism.

It will be replaced by 33 high quality family homes and 29 apartments accessible via a newly built road bridge over the A56.

Phase one of the scheme will be completed in summer 2017.

Trafford Housing and Wates will also be working together to deliver a wide range of local business, training and employment opportunities linked to the scheme.

Larry Gold, Trafford Housing Trust’s Deputy Chief Executive, said: “We’ve worked closely with Wates Living Space Homes on a number of major projects over recent years and this new joint venture will build on that experience.

The abandoned factory will be totally revamped

“It also reflects our progressive, partnership approach to housebuilding; working with commercial developers and others to help accelerate the pace of new home delivery in Trafford and beyond.

Joanne Jamieson, Managing Director, Wates Living Space Homes, said: “Our business has a long-established reputation in sourcing innovative means to address the evolving needs of the housing sector.

“Through our strategic development partnerships with housing associations and local authorities, we bring 119 years of house building expertise to address the UK’s urgent need to deliver more homes for affordable rent and sale.

“Our joint venture with Trafford Housing Trust will be a partnership that will serve to accommodate the rising demand for high-quality and efficient homes, whilst also providing a vital catalyst to unlock further regeneration.”