Land company Richborough Estates has completed the sale of a 6.17 acre residential development site in the Leicestershire village of Gilmorton to developer Barwood Homes.
The site, which is situated on the eastern edge of the village, was acquired by Richborough Estates from a private landowner, via Trevor Wells of chartered surveyor and property consultants Wells McFarlane.
Prior to the sale, Richborough Estates secured outline planning consent for the delivery of 43 one, two, three, four and five bedroom homes. In total, 14 of the properties will be designated as affordable.
Alongside the homes, around two acres of land adjoining the southern edge of the site will be provided as public open space and a children’s play area.
Harry Jackson of Richborough Estates, said: “This site represents a lovely location on the edge of Gilmorton which is an established village with plenty of local amenities, is close to Lutterworth and is in easy commuting distance of Leicester and Rugby.
“That the whole process from acquisition to disposal of the site was concluded within 15 months is a clear demonstration of how much demand there currently is for good quality housing in the area. We are confident that Barwood Homes will deliver a truly first class addition to the community.”
Andy Morehen, land director at Barwood Homes, said: “Richborough Estates has provided an excellent outline plan for this new development at Gilmorton, which will create an outstanding addition to the village and continue to support local amenities for years to come.
“We are now working with Planning Officers of Harborough District Council on the details of the scheme that will complement the Barwood Homes brand of building prestigious, bespoke developments of a high specification in prime locations.”