Land with significant new homes planning approval sells to Deeley Homes - 01/10/2019

The 6.15 acre site lies off Saxelby Road, close to the main thoroughfare of Asfordby, a village three miles west of Melton Mowbray. Planning permission includes a legal agreement that provides for contributions towards secondary education, travel and civic amenities, offsite affordable housing, and more.

The new homes are to consist of 20 market sale, 25 shared ownership and 10 rented homes.

Asfordby is a well-connected Leicestershire village that links to Melton Mowbray to the east and Lougborough and Nottingham to the west. The village itself benefits from pubs, takeaway restaurants, a Post Office, convenience store and garage, all of which are within easy walking distance of the development site. There are primary and secondary school options in the vicinity, all of which are rated “Good” by Ofsted, and private education options are also available at nearby Oakham and Loughborough.

Widely known as the Rural Capital of Food, Melton Mowbray boasts a range of independent and high street shops and restaurants, a popular weekly market and various other amenities including healthcare and secondary education facilities, in addition to which the town hosts an annual food festival. Leicester and Nottingham are within 15 and 20 miles of the site by road respectively, while East Midlands Airport is 20 miles away.

Anthony Holt, Group Development Director at Deeley Homes, said: “This is an exciting project that we expect to bring many advantages and a wealth of property options to the local area. We’re building a mixed scheme that will encompass both affordable housing and market sale properties, and we’ll be working with EMH Homes to ensure that several of the new homes provide a viable housing option for those in need.

“We’ve been very pleased with Mather Jamie, who have been straightforward, open and honest throughout the purchasing process. The team’s experience in land transactions and excellent knowledge of the area have both proved invaluable and made the route to sale completion as easy as possible.”

Gary Kirk, Associate Director at Mather Jamie, commented: “Deeley Group secured the acquisition of the site following a competitive marketing process handled by Mather Jamie. We are delighted to have secured the sale of the site, which is fantastic news for the East Midlands, with a range of homes to suit families, first-time buyers and working couples becoming available in the next year and a half. We are very much looking forward to seeing Deeley Homes’ plans come to fruition.”

Construction is due to commence next spring, with the first homes available towards the end of 2020. For more information about Deeley Homes and its developments, please visit http://www.deeley.co.uk/homes/.

Established in 1991 and based in the East Midlands, Mather Jamie Chartered Surveyors is an independent mixed commercial and agricultural practice with a long-established and unrivalled reputation for delivering reliable advice and expertise on residential and commercial developments.