Strategic land promoter Catesby Estates has sold a residential development site in Countesthorpe, Leicestershire, to Miller Homes for an undisclosed price.
The 18.5-acre site is located adjacent to Foston Road and Leicester Road and has outline planning consent for 170 energy efficient homes – 25% affordable – and public open space with play areas.
Myron Osborne, chief executive of Catesby Estates, said: “Achieving a local level consent for this non-allocated site and securing a buyer within a short time frame of just 10 months is testament to the hard work and skill of the in-house Catesby team, as well as the appetite from housebuilders to acquire prime residential land.
“This deal represents our second sale to Miller Homes in recent months, and with a reputation for delivering high quality, award-winning new homes, we look forward to seeing them take this through its final planning stages and delivering sought-after, energy efficient homes for the area.”
Aaron Grainger, head of land at Miller Homes, added: “We are delighted to have acquired this site. We were committed to completing this deal quickly and worked closely with Catesby Estates to achieve this. We are looking forward to when our reserved matters consent is secured, and we can start work on delivering quality new housing for the area.”
