Developer to start second phase of canal side scheme
Staffordshire-based developer Walton Homes has started the second phase of construction at a canal-side development in Handsacre.
Further to acquiring a 24-acre site in the village in 2018, Walton Homes announced its plans to create Acresford Park, a 200-property scheme located off Tuppenhurst Lane, over a five-year period.
The first phase, comprising 57 homes, is now sold out, with work having completed earlier this month, while construction of phase 2a, comprising 13 homes, started earlier this year.
The business is now preparing to start phase 2b, which will comprise 37 plots.
Amy Summerton, director of the business, said: “The Handsacre and Armitage areas of Staffordshire have always proved a popular location because of its proximity to surrounding towns and cities and the range of amenities in the area, and this development, with its canal-side setting, is proving a hit with first-time buyers and those looking to relocate.
“The Government’s recent announcement regarding a cut on stamp duty thresholds has also led to an increase in enquiries as people seek to capitalise on the savings they can make, and with the first phase being fully sold, and with a limited number of properties now remaining, we are keen to commence the next phase of construction in order to deliver the next properties early next year.”
While the development of 200 two, three and four-bedroom homes is anticipated to take up to five years to complete, the first properties of phase 2a are earmarked to be ready for occupation by Autumn 2022 with work on phase 2b expected to begin in summer 2023.