This development of six houses and four bungalows was a land-led project. The site was under option and prompted through the planning system as a sustainable site due to the Local Authority not demonstrating a five-year land supply.
We achieved full planning permission overcoming some challenging archaeological issues, and built out under a JCT D&B Contract with a JV partner.
The bespoke house types were tailored to specific site constraints, 50% of the development sold off-plan, and the remaining dwellings were sold within three months of the show home launch. The development was funded by Funding Circle and completed in 2018.
The build cost was £1.5m, and the development was delivered in just over 12 months.
Total costs on the scheme, including works, finance, and other costs, were £2.25m, and total sales were just over £3m. All of the completed properties were sold off-plan.
February 23, 2021