Wednesday, June 3, 2020

Avant Homes plans 311 new homes for Derby with £91m development

Midlands housebuilder Avant Homes has agreed terms with property development and investment company CEG and the landowner to purchase a 31.8-acre parcel of land in Mickleover, where it plans to deliver 311 high-quality new homes.

Following an allocation in South Derbyshire District Council’s Local Plan, CEG secured outline planning permission last year for 1,100 homes at New House Farm, to the west of Mickleover, where the first phase of development is underway. Reserved matters have now been approved for the development and work is set to commence in April with the overall build expected to take six years.

Located two miles west of Derby town centre, proposals for this £91m phase of development include a selection of two, three, four and five-bedroom homes. The show village will be completed by August and the first properties ready for occupation towards the end of 2019

The housing mix will vary across Avant Homes’ Original housetype range and its new Bridge range, which has been specifically designed to bridge the market for aspirational and attainable homes, offering greater choice and wider affordability to buyers.

Avant Homes Midlands managing director, Adrian Evans, said: “We are very pleased to have secured this prime piece of land which is situated in one of the largest suburbs in Derby. Not only will this development deliver high-quality new homes, but it will also bring a significant number of local jobs to the region.

“The council has identified a real need for additional housing around Derby, including affordable, family and starter homes, which this new development will provide so we’re expect to see high levels of interest.”

In addition, Avant Homes will contribute £4.2m towards the funding of local infrastructure and transport works, education provision and public open space.

Richard Burke, CEG’s regional head of strategic development for the Midlands, said: “Identified by South Derbyshire District Council as a strategic development location, this site will ultimately deliver a new school, shopping, sports and leisure facilities alongside new homes. Avant was selected as our partner of choice for this next phase, following the delivery of a very high-quality mix of new homes at CEG’s Wollaton Road site in Nottingham. We will also continue to work with the community representatives on the liaison group as this exciting project develops.”

The sale of the site was handled by Savills Nottingham and Hawksmoor. Ben Glover, development director at Savills Nottingham, commented: “We are delighted that Avant Homes have purchased this next phase.  Their high-quality homes continue to set the tone for what is becoming a well-designed community where people will take pride in living.

“This new area of Derby is now firmly on the map with the new roundabout off Etwall Road and estate road now constructed and homes occupied. The scheme continues to play a key role in meeting housing need for the area and in due course there will be a local centre, primary school with playing fields supporting this new community.”

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