aul Campbell - Joint Managing Director
Birmingham-based Richborough Estates has sold a
The strategic land developer secured planning consent in November 2017, which will enable Crest Nicholson to deliver up to 125 new family homes, including 30% affordable housing and the provision of public open space and a children’s play area.
The planning permission also outlines financial planning contributions to be made to improving local services and facilities including education, highways, sports, leisure and transportation.
The site forms part of the draft strategic housing allocation set out to the south of Aylesbury town in Aylesbury Vale District Council’s Local Plan and will help the District Council meet their local housing targets.
Aylesbury Vale has the need to build a minimum of 27,000 new homes between now and 2033.
James Bradshaw, divisional director at Richborough Estates, said: “This is a prime site in the market town of Aylesbury with excellent local and regional connections by both road and rail.
“Importantly, it allows 125 new family homes to be built, including 30% affordable housing.”
“Having Crest Nicholson on board to develop this site means we can be confident of a premium development of new homes.
“Their track record in
“We worked hard to bring this site to market, ensuring delivery of a
Jon Cook, managing director at Crest Nicholson Chiltern, said: “We’re pleased to kick off 2018 with the purchase of this site, positioned in the desirable rural setting of the market town of Aylesbury.
“Our focus remains on offering a range of affordable ownership options, and with Crest Nicholson’s track record of delivering
“The land will enable us to provide much-needed new homes to the local area, and we look forward to starting work on the site later this year, and welcoming first residents in 2019.”
Strutt & Parker’s National Development & Planning Team based in
Richard Foxon, Partner at Strutt & Parker, said: “In late 2016, we secured the services of Richborough Estates to promote the land for residential development.
“Richborough Estates were exemplary in their approach, engaging proactively with key stakeholders and designing an attractive scheme which respected the local area and was approved by Aylesbury Vale District Council.”
“Strutt & Parker managed the subsequent marketing and sales process which generated considerable interest from regional and national housebuilders.
“We are delighted that a high quality developer, such as Crest Nicholson, has acquired the site and we look forward to seeing the scheme delivered. We wish them every success.”
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