South Derbyshire development site sold in multimillion-pound deal
New homes are to be built in South Derbyshire after a development site was sold in a multi-million pound deal.
Fisher German has sold development land in Melbourne, South Derbyshire with planning permission for 34 dwellings to housebuilder Miller Homes.
Fisher German acted on behalf of the landowners to tender for a strategic land promoter before selecting Investin which then retained the planning arm of the multi-disciplined practice to gain a planning permission for the site.
Planning permission was initially refused by South Derbyshire District Council. The decision was appealed by Fisher German with the inspector allowing the appeal, finding that the local planning authority could not demonstrate a five year housing land supply, and concluding that the site was a suitable and sustainable location for development.
The site, based off Jawbone Lane, was then brought to market by Fisher German which agreed a deal with leading housebuilder Miller Homes.
The development will feature three to five bedroom family homes, with Miller Homes expected to start work on the site in January.
Ben Marshalsay, partner at Fisher German, said: “We received a considerable amount of interest for the site in Melbourne which was sold for an extremely strong price for a relatively small site.
“Fisher German’s planning team was retained by Investin PLC for the application and subsequent appeal process and despite a tough journey, successfully received permission for 34 dwellings.
“Miller Homes has an extremely strong reputation for building quality housing and the development will bring much-needed homes to the area, including 30 per cent on-site affordable housing.
“Melbourne is one of South Derbyshire’s premier villages which has a number of amenities and is commutable to nearby cities including Derby. Interestingly, Jawbone Lane is named after a pair of whale jawbones located in the street and these will continue to sit at the entrance of the site.”
The new homes are expected to be ready for sale from summer 2018.