Business
Land sales for 264 housing plots at Waverley
Land sales for 264 housing plots at Waverley.
About this update from Harworth Group Plc
[{"type":"text","content":"\n \nRNS Number : 8483V Harworth Group PLC 08 November 2017 \n\n8 November 2017\n \nHarworth Group plc (\"Harworth\" or the \"Company\")\n \nLand sales lined up for further 264 housing plots at Waverley, Yorkshire\n \nIncludes innovative starter homes aimed at first-time buyers as part of Yorkshire's largest ever brownfield redevelopment\n \nHarworth Group plc, the brownfield regeneration and property investment specialist, has exchanged contracts on land sales totalling 13.87 net developable acres, with two regional housebuilders, for the next phase of residential development at its flagship Waverley site in Rotherham, South Yorkshire. The combined price, in excess of £11m, reflects an increasing average price per acre realised at Waverley by Harworth, as Waverley continues to mature as a leading brownfield development. \n \nAvant Homes (\"Avant\") will build 220 three and four bedroom family homes on 12.81 net acres of land it has purchased. This deal follows its acquisition in February 2017 of 4.7 net acres where the housebuilder is already constructing 61 three and four bedroom homes, reflecting the strong demand for this type of product at the development.\n \nContracts have also been exchanged with Sky House Company (Waverley) Limited (\"Sky House\"), for 1.06 net acres of land. Sky House, a fast-growing 'compact' urban housebuilder based in Sheffield, will be developing Waverley's first starter homes aimed at first time buyers, comprising 40 two-bedroom units and four, four-bedroom family homes. It will be employing its unique Sky-House concept - a re-imagining of Victorian 'back-to-back' terraced homes for modern day living.\n \nThese sales are another significant milestone at the 20 year regeneration scheme, where Harworth's ongoing placemaking success has seen 700 homes built to date, alongside 1m sq ft of employment space at the Advanced Manufacturing Park (\"AMP\"). The aforementioned deals with Avant and Sky House follow the residential land sale of 8.17 net acres to national housebuilder Taylor Wimpey, for the delivery of 130 new homes, in June 2017. \n \nOwen Michaelson, Chief Executive of Harworth, commented: \"These transactions provide further evidence of the momentum at Waverley, which is seeing it mature into one of the North of ...