Avant Homes Central has acquired an 11-acre site in Eastwood, Nottinghamshire, to deliver 107 new-build homes with a gross development value (GDV) of around £27m.
Called Lawrence Point, the development is located just eight miles from Nottingham city centre on Lynncroft.
Subject to planning approval, the development will comprise a mix of two, three, four and five-bedroom homes and feature 14 of Avant Homes’ design-led housetypes.
Prices will start from £189,995 for a two-bedroom terrace property to £409,995 for a five-bedroom detached home.
Of the 107 homes proposed, 10 per cent have been designated to affordable housing. Avant Homes has also committed to community contributions of around £680,000 for the provision of local education, healthcare, improvements of bus stops and library facilities, a travel plan, and public open space.
Avant Homes Central managing director, Chris Coley, said: “We’re consistently searching for development opportunities across the region. Following great success with our developments in Wollaton, Mansfield and Ruddington, Lawrence Point is a fantastic opportunity to further expand our presence in Nottinghamshire.
“We now await the planning decision from Broxtowe Borough Council, and, subject to approval, we look forward to commencing initial groundworks in due course.”
Avant Homes Central currently has 11 developments ranging from Chesterfield to Mansfield with many more due to start as the business continues to implement its growth plans.
The Chesterfield-based business is part of the Avant Homes Group, one of the leading private developers of residential property in the UK.
In addition to Central, the company has six other regional businesses operating within Scotland, north east England, Yorkshire, North Yorkshire, East Midlands and West Midlands.
