Land in rural Leicestershire with planning permission for 17 new homes has been sold to a local housing developer.
Specialist land, development and property agency Newton LDP has completed the sale of land off Church Causeway on behalf of its client to Langton Homes.
The 1.81-hectare site, in the village of Church Langton, received outline planning permission for 17 homes in May 2019, with reserved matters approval granted two years later.
Richard Foxon, Managing Director of Newton LDP Ltd, said: “This is a site I know well and have been involved in for some time, initially advising the landowners when they entered into an option agreement with Langton Homes in 2018.
“We are pleased to have negotiated the sale of the land with planning permission for an attractive and sustainable development, which will provide much-needed new homes in this popular part of Leicestershire.”
Mark Coombs, representing the landowners, said: “We engaged with Richard from the outset as we were aware of his strong track record and professional reputation within the development land sector.
“It was thanks to his knowledge, experience and tactical negotiation that ensured we maximised our returns from this scheme.
“I would like to thank Richard and Newton LDP for their attention to detail and due diligence throughout this process, and look forward to seeing this high-quality development being developed out by Langton Homes.”
Ground work has already commenced with Langton Homes anticipating the scheme to be complete in summer 2023.
The site will be called Hanbury Gardens and will provide a range of three, four and five-bed homes, comprised of 11 private and six affordable dwellings.
The high-quality modern development features homes with a highly-insulated timber frame system, underfloor heating, electric vehicle charging points and bespoke designer kitchens.
The project will help to meet the demand for housing in the area, with East Langton and Church Langton expected to deliver 30 new homes by 2031 under Harborough District Council's Local Plan.
Ben Cripps, Director of Langton Homes, based in Rutland, said: “We are thrilled to be acquiring this land, which will help to meet the council’s requirements for new housing in this area.
“Church Langton is one of the most sought-after villages in Leicestershire, with strong transport links to Market Harborough which is just a short drive away.”