Land sale makes way for housing development
Land in a Warwickshire village where ten houses potentially worth more than £3m will be built has been sold.
Commercial property agents John Truslove struck a £670,000 deal for the 0.85-acre site on New Road, Studley with Kingslea Homes, the Solihull-based developer.
Dean Chudasama, business manager of Kingslea Homes, said: “The ten homes we’re building will back on to a medical centre and pharmacy, will be less than ten minutes’ walk from three supermarkets, and will be close to a leisure centre.”
The properties, ranging from 750 sq ft to 1,350 sq ft, will include a pair of two-bedroomed, semi-detached to be sold for around £220,000 each, five three-bedroomed detached for around £340,000 each, and three four-bedroomed detached for around £425,000 each.
Ben Truslove, joint managing director at Redditch-based John Truslove, said: “We’re delighted to have found Kingslea Homes such an attractive site for one of their prime projects.”
Kingslea Homes were advised by law firm Harrison Clark Rickerby, while the sellers consulted Shoosmiths.
