Housebuilder acquires new site for £90m home development

A Barlborough-based housebuilder has secured a multi-tenure home development site at Pleasley Hill, after exchanging contracts on 22 acres of land at Pleasley Hill Farm, Mansfield.

Subject to planning, Avant Homes Central will build 396 two-, three- and four-bedroom homes which will have a gross development value of £90m. 

The site will form part of a wider mixed-use development which includes up to 850 residences, incorporating retail and commercial spaces.

Some 40 units designated as affordable housing.

Under a Section 106 agreement, approximately £2.1m will be spent on local services, education and healthcare.

Matt Barker, director in charge at Avant Homes Central, said: “Our Pleasley Hill Farm site acquisition represents an exciting opportunity for us to expand our development footprint into Mansfield. As a housebuilder, we want to build quality new homes for everyone and this site is an ideal location for us to deliver our range of practically designed, energy-efficient homes in a place people want to live. We look forward to working with Mansfield District Council and submitting our plans to deliver a new and thriving community within the town.”

The seller and value of the deal is undisclosed