A housebuilder has secured a multi-tenure new homes development site at Pleasley Hill, after exchanging contracts on 22-acres of land at Pleasley Hill Farm, Mansfield.
Subject to planning, Avant Homes Central will build 396 of its two-, three- and four-bedroom homes which will have a gross development value of £90m.
The housebuilder will be investing circa £55m to deliver this development, supporting local businesses and communities over a six-to-seven-year period.
The site will form part of a mixed-use development of up to 850 dwellings across a wider area, which will also include retail and commercial space.
Avant Homes Central’s proposed development will deliver 396 new homes covering all price points and a range of tenures, including 40 houses designated affordable housing. The housebuilder’s new homes will also be available for those customers wishing to access the private rented sector (PRS).
Avant Homes Central has also committed to community contributions of around £2.1m towards the provision of local services, education and healthcare.
The housebuilder acquired the site from a private vendor for an undisclosed sum.
Matt Barker, director in charge at Avant Homes Central, said: “Our Pleasley Hill Farm site acquisition represents an exciting opportunity for us to expand our development footprint into Mansfield.
“As a housebuilder, we want to build quality new homes for everyone and this site is an ideal location for us to deliver our range of practically designed, energy efficient homes in a place people want to live.
“We look forward to working with Mansfield District Council and submitting our plans to deliver a new and thriving community within the town.”
