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Seven acres of land in Mapperley, Nottingham, have been sold, paving the way for a new residential development of 57 homes.
Savills Nottingham joint with GraceMachin Planning & Property completed the sale of the land to Cameron Homes.
Under section 106, £400,000 will be contributed to primary and community care services, primary healthcare, education, transport, parks and open spaces.
Unanimous approval was granted for the Mapperly scheme from the Gedling Borough Council’s planning committee.
Ann Taylor, director of the development team at Savills, who led the sale, said: “This sale marks the extension of a very desirable residential development in Mapperley. As the adjacent scheme nears completion, Cameron Homes will follow with an equally prestigious and sought-after development. Cameron Homes is a premium housebuilder with a strong
link source - The Business Desk