Acting on behalf of a private vendor, heb has sold land at Garden Farm, Barlestone, Leicestershire.
Following the recent grant of planning consent, Owl Homes will deliver 99 affordable dwellings in a semi-rural setting at the fringe of the village.
Owl Homes are working in conjunction with Midland Heart Housing Association to provide 50 affordable rent homes and 49 shared ownership.
“The scheme as designed looks fantastic,” said Robert Maxey at selling agents heb. “I can’t wait to see the development take shape as Owl progress matters on-site. The fact that the whole development is providing much needed affordable units should be welcome news to the local community.”
Rob Blaney at Owl Homes said: “We are delighted to have completed this development on behalf of our valued client Midland Heart and the support from our consultants has been invaluable throughout this transaction. We now look forward to progressing matters on site and commencing work to deliver these much-needed affordable homes for the Leicestershire community.“
Chris Miller, director of development at Midland Heart, said: “The Midlands needs more quality affordable homes so it’s great news that this development at Garden Farm is able to progress. We’re looking forward to working closely with Owl Homes and welcoming new families into our homes once complete.”
The site was identified for Owl Homes by Gareth Staff at Nottingham-based Inside Land.
Wendy Shaw at Nottingham’s Ashton Bond Gigg Solicitors acted for the seller, with Kevin Nagle at Squire Patton Boggs Birmingham acting on behalf of Owl Homes.
“It was really pleasing how all parties on both sides of the transaction pulled together throughout the process to ensure satisfactory delivery of the development,” said Robert Maxey. “This is the latest in a run of land deals for us, showing the need for homes and resulting demand for land.”