Avant Homes acquires site in North Yorkshire to deliver £28m, 135-home development
The homes will have a gross development value of around £28m.
Called Brompton Mews, the development is located just four miles from Richmond town centre on Cookson Way.
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Hide AdAvant Homes North East managing director, Don Anderson, commented: “Brompton Mews is a fantastic opportunity to further expand our presence in the north east of England into Richmondshire.
“Catterick is a popular village with a real demand for homes for modern family living. With the site’s close proximity to Catterick Garrison and major road links, we expect Brompton Mews to appeal to a wide range of buyers.
“We look forward to the commencement of groundworks at the site in January 2023.”
The development received planning permission in August this year following a successful appeal decision, and will comprise a mix of two, three and four-bedroom homes.
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Hide AdOf the 135 homes proposed to be built, 30 per cent are affordable housing with a range of affordable rent and discount market sale properties.
Avant Homes has also committed to community contributions of around £380,000 for the provision of local education and recreation facilities.
Work is set to commence on site in January.
The first homes are set to be ready for occupation in June 2023, with the site expected to be completed by 2026.