North Oak Homes Ltd, the residential arm of Worcestershire-based property development and investment group, Maximus, has announced the sale of a 24-home site in St Weonards, Herefordshire.
Sold for an undisclosed sum to the family-owned and privately-run developer, M F Freeman, the site already has planning permission for 25 two, three, and four-bedroom homes.
“We are pleased that our focus on strategic land, sourcing land opportunities and working with landowners to facilitate the entire planning and sales process has borne fruit once again.
“This is a prime example of the opportunities that exist and that we can help to bring forward.”
As part of the agreement with the local council, 9 of the 25 homes have been earmarked for affordable housing, with the remaining 16 available on the open market.
Located on land to the west of A466, the plans will also incorporate a new footpath linking to the existing path further up the hill as well as access to the village facilities.
As stated on the planning application: “The location of the site ensures that it is within walking distance of the shops, schools, bus stops and other community facilities. This all assists in reducing vehicle movements and will encourage the use of more sustainable modes of transport, while the increase in residents will increase the sustainability of the streets.”