Woodall Homes, the BGF-backed Derbyshire house builder, is gearing up for significant growth after securing full planning approval on its latest site – the ninth development now in progress in the region.
The house builder, which received a £4.25 million investment from BGF three years ago, has received approval for 87 dwellings in Ashbourne. This follows a recent full planning approval for 161 dwellings on their Boleappleton View site in Bolsover.
In addition, development has commenced on 75 dwellings in Calow, 18 in Darley Dale, and 15 in Stocksbridge. It is also due to commence construction on a high profile and exclusive 65-dwelling part conversion / part new build scheme near Lowdham, Nottinghamshire early in the New Year.
In total, Woodall Homes is on target to deliver over 400 homes in the next three to four years, taking full advantage of its recent planning successes, which have provided the house builder with immediate delivery opportunities in line with its ambitious growth strategy.
Chris Dwan, Land and Planning Director at Woodall Homes, said: “The foundations that we’ve put down by bringing these key strategic sites forward will position us perfectly in the coming years, aligning with our strong growth aspirations.
“That said, we are always looking for further opportunities, whether that’s sites with or without residential planning status or allocation. The current pipeline of developments demonstrates our in-house planning capabilities and strengthens our position as a key strategic development partner, working with landowners to enhance their land values through the planning system.”
Aaron Baker is an investor at BGF and sits on the Woodall Group board. He said: “The success that Woodall Homes has achieved in the last few years is testament to their ability to bring to market exciting developments, while remaining committed to building a strong land bank.
“As the team continues to seize opportunities and accelerate development activity, we expect them to deliver against their ambitious growth plans and realise the potential that exists in the regional residential property market.”