Wavensmere will build 69 new homes on the historic plot which is within the Derwent Valley Mills UNESCO World Heritage Site.

The redevelopment of former commercial premises will feature 42 two- and three-bedroom houses and 27 one- and two-bedroom apartments, within a four-storey building overlooking the River and Mill Lade.

Wavensmere has already spent over £250,000 on archaeological investigations on site throughout 2023, while amending the original planning application to enable the 4.7-acre development to be gas free and fully compliant with new building regulations.

Dating back to 1780, Milford Mills is a former cotton mill which housed some of the world’s first mechanised industrial spinning factories. The highly unique project will see the retention and restoration of numerous historic features from the former cotton mill, including the Mill Lade that now feeds a hydroelectric power plant downstream, the wheel pit and tail race that historically connected the mill to the River Derwent, along with the repair of all original stone boundary walls.

The site will be further complemented by two acres of public open space and the recent restoration of the Grade II listed Dye House by Chevin Homes to form a 4,500 sq ft commercial premises.

James Dickens, Managing Director of Wavensmere Homes, said: “Milford is one of the most sought-after villages in north Derbyshire, with the area’s historical importance reflected in the UNESCO World Heritage status.

“We are pleased to have received the go-ahead to amend the extant plans and move forward with this important £22m redevelopment project to provide much-needed quality new homes. During the planning process, we have already been approached by over 600 local people keen to secure a house or apartment here, with 21 having first refusal of their choice of plot.

“Milford Mills will have a clear focus on sustainability and renewable energy, while delivering natural stone facades that reflects the traditional architecture of this village and the nearby market town of Belper. Our team will now progress with pre-construction preparations and we look forward to being able to start construction for the 69 riverside houses and apartments in the coming months.”