Affordable housing provider completes £63m deal for Leicestershire site
Vistry Group, a provider of affordable homes, has finalised a £63m deal for a 28.5-acre site on Barnards Drive in Sileby, Leicestershire.
Valued at £63.2m, the land will be developed into 228 family homes to address the local housing shortage.
Located on the eastern edge of Sileby, the new development will include both affordable and market-rate homes, featuring a mix of one-bedroom maisonettes and two to four-bedroom houses.
Andy Reynolds, managing director of Vistry South East Midlands, said: “We are thrilled to be bringing much-needed mixed-tenure homes for the area demonstrating our commitment to delivering high-quality, affordable homes in a sustainable manner to enhance communities and meet the diverse housing needs in the area.
“We know that people from all walks of life will relish the opportunity to live in modern family homes and to be part of a vibrant and well-connected community here in Leicestershire.”
