Land deal to bring forward 82 homes in Calverton
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Northern Trust has completed the sale of a six-acre site in Calverton to Bellway Homes.
The site, off Flatts Lane, was granted outline planning permission for up to 84 new homes by Gedling Council last year.
Northern Trust appointed Savills to market the site for sale.
Mike Grindrod, director at Northern Trust, said: “We are delighted to have secured the sale of this strategic site to Bellway Homes, and look forward to seeing the development of the new homes which will create new jobs and investment for the local area.”
Simon Maddison, head of land at Bellway Homes East Midlands, said: “With the acquisition of this land, our plans to deliver a range of 82 high-quality new homes to the local area have been submitted to the local authority for approval”.
“The location of the proposed development will appeal to a variety of house hunters as it boasts a range of walkable amenities and is just a 20-minute drive from Nottingham city centre.
“We look forward to working with the local authority in finalising our detailed plans for the site and delivering these new homes.”