Charles Church invests £18.5m in new Stratford housing scheme
PREMIUM housebuilder Charles Church South Midlands is investing more than £18m in a new development in Warwickshire.
The firm has acquired a 9.5 acre parcel of land in off Milestone Road, Stratford-upon-Avon with a view to building 85 aspirational new houses.
Planning approval for the new development was granted by Stratford-on-Avon District Council earlier this year.
The total investment value for the development, named Milestone Grange, will be £18.5m, which includes a special planning contribution from Charles Church of over £450,000 to enhance public open spaces, highways and local facilities.
Milestone Grange is located in a prime location, just five minutes away from the town centre. It will comprise a selection of two and three-bedroom semi- detached and four and five-bedroom detached houses.
Properties will be available to purchase off-plan from January 2015 with some expected to be ready to move into by May 2015.
Andy Peters, managing director at Charles Church South Midlands, said: “We are delighted that this development is coming to fruition and anticipate a great deal of interest considering the perfect location and exacting build standards which are synonymous with the Charles Church brand.”