Persimmon Homes - Gratham acquisition for Persimmon Homes
Peterborough-based Persimmon Homes has acquired
land in Grantham, which will provide more than 1.25
acres for redevelopment of a brand new residential
scheme in Grantham, worth circa £3 million gross
development value.
Persimmon has acquired the site with full planning
permission for the construction of just 15 new
properties. The development will comprise a mix of three
and four bedroom homes and will be situated adjacent to
the company’s existing Squires Gate development in the
area.
Managing director for Persimmon Homes East Midlands
said: “We expect initial work to commence at the site
this summer and the site will officially launch for
sales in autumn.
“In this particular area of Grantham, there is an
extremely strong demand for quality new build homes and
we are delighted to help respond to this current
shortfall.”
All the new homes will be built on previously developed
land which is in line with the government's policy on
the redevelopment of brownfield sites.
Adrian concludes: “We are firmly committed to utilising
brownfield land as not only does it provide wider land
buying opportunities but former redundant sites can be
transformed into thriving and active communities.
“This proposed new scheme has been carefully designed to
appeal to a diverse mix of purchasers. The property
market continues to perform buoyantly throughout East
Midlands and I’m confident the new development will help
meet the continuing and growing demand for new homes in
the region.”
Email:
hmockridge@golleyslater.co.uk
Arundel Jones Associates Ltd
Hill Farm, Linton Hill, Maidstone, Kent ME17 4AL
Tel : 01622 745333
news@buildingdesign.co.uk
Registered in England and Wales No. 07334149
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