The Edenstone Group is celebrating a successful first year in the South West of England, where it’s secured land for 325 homes with an estimated sales worth of £106 million.
As part of its expansion plans, the homebuilder, headquartered in Magor, opened its Southern office in Portishead in September 2021.
In its first 12 months, the Southern operation acquired five sites across the South West. These include land in Bleadon and East Brent in Somerset and Sampford Peverell in Devon.
Edenstone Group Managing Director Martin Taylor said: “After almost two decades operating in South Wales and in the Three Counties, we felt confident in our decision to move into the South West of England. It’s heartening to have that confidence validated with sites coming to fruition.
“What’s particularly encouraging is that the land community in the region is gradually getting to know more about us and the straightforward way in which we operate. This is producing commercial opportunities for us, while furthering our objective of building genuine communities and developing a business which, whatever the prevailing conditions, has solid foundations and prospects.”
While Edenstone is a relatively new name in the South West, the business is preparing to celebrate its 20th anniversary next year.
Expanding into the South West is part of the Group’s growth plan of achieving £100 million turnover by 2023.
