Avant Homes has secured its first mixed-use development site in the North West after exchanging contracts on 20-acres of land in Great Eccleston.
Subject to planning, Avant Homes will build 115 of its practically designed, energy efficient homes which will have a gross development value of £32m.
Called Oakview Quarter, the mixed-use development will also benefit from a new primary school, medical centre and community centre as well as commercial and retail space.
Work on site is anticipated to start in April and the development will comprise a mix of two, three, four and five-bedroom homes which will appeal to a wide range of customers at different price points.
Avant Homes acquired the site from Duchy Homes for an undisclosed sum with the benefit of a reserved matters planning permission and intends to submit a plot substitution application for its house types in March.
Operating from its North West office in Eccles, Salford, the company is considering further development opportunities within Greater Manchester, Staffordshire, Cheshire, Merseyside and Lancashire.
Avant Homes regional chairman, Mark Cook, said:
“The North West presents us a with a great deal of opportunity to further implement our multi-tenure expansion strategy, so we are very pleased to have secured our first site in the region.”
“Great Eccleston is an ideal location for us to deliver our inaugural North West mixed-use development. Oakview Quarter will allow us to showcase our range of attractive quality new homes, at a variety of price points, in an area that our customers want to live.”
“We anticipate being able to start building our homes in April and contributing directly to the continued creation of a new and thriving community within Great Eccleston.”
Avant Homes Group currently operates across the north of England, Midlands and Scotland from nine regional operating businesses. The company delivers house types ideal for the private, rented and affordable sectors.
At present, Avant Homes Group employs more than 600 people. The housebuilder’s ambition is to grow its multi-tenure business further across its existing regions and beyond, creating communities as well as providing employment opportunities.
Avant Homes Group is also committed to its environmental, social and governance (ESG) responsibilities in line with its vision to construct and sell “quality homes, for everyone”.
The housebuilder’s ESG strategy recognises its obligations to all stakeholders to deliver a sustainable future. Avant Homes’ house types are significantly more energy efficient compared to existing housing stock and appeal to a wide range of customers with different affordability requirements.
Each of Avant Homes’ developments provides a safe place for employees and sub-contractors to work as well supporting its supply chain. The housebuilder creates communities in places where people want to live.
Avant Homes is committed to securing sustainable growth through private for sale, private rented sector (PRS) and additional affordable housing.
This better serves customers and communities, particularly where the cost of living has increased and affordability is stretched.
Avant Homes has invested in the internal expertise to develop and deliver strategic relationships with PRS investors as well as affordable housing providers.
The Group recently announced the sale of 306 new homes across eight developments to a leading private rented housing provider, Sigma Capital Group, for over £59.5m.
Four of the developments are in north east England, two in Yorkshire with the balance in the East Midlands. This significant PRS transaction demonstrates the company’s ability to deliver a significant volume of quality new homes to a major PRS investor.
For the year ended 30 June 2023, the Avant Homes Group delivered 1,766 completions.
For further information visit www.avanthomes.co.uk