18 acre development site in Coalville with outline planning permission for 180 homes snapped up in multi-million pound deal

An 18 acre development site with outline planning permission for up to 180 homes has been snapped up by Avant Homes

Fisher German acted on behalf of the landowners, who were keen to take advantage of development opportunities, to tender for a land promoter before selecting Gladman who gained outline planning permission for up to 180 homes.

The firm then brought the site, based off Greenhill Road, to market and received a high level of interest before agreeing a seven-figure deal with Avant Homes.

The housebuilder has now submitted a reserved matters application, and expects the site to ultimately deliver around 161 two- to five-bedroom family and affordable homes.

 

Avant Homes is expected to begin work on the site in December 2017, with properties expected to be available for purchase by June 2018.

James Turner, senior land manager at Avant Homes, said: “We are extremely happy to have secured another site in the core of our Midlands operating area that will contribute to our growth plans for 2017-2020.”