The sale of land paves the way for a major real estate development | Midlands property news



A site in the East Midlands has been acquired to pave the way for a landmark development of over 1,000 homes.

Spitfire Homes, in partnership with Crest Nicholson, has acquired land on the west end of Daventry.

The approximately 123-acre development already has planning permission for up to 1,100 homes, a quarter of which will be affordable.

The scheme will also include public open space, a new primary school, nursery and community centre, as well as catering and retail units.

Spitfire Homes will partner with Crest Nicholson to complete the homes once detailed planning permission is obtained.

Ben Leather, Managing Director of Spitfire Homes, said: “This is an important acquisition for Spitfire Homes, which further supports our vision of expanding into new markets across the Midlands.

“Daventry is a growing market with strong demand for new homes, as strong transport links and employment opportunities make the area particularly attractive to new home buyers. Our vision for this program is to create a new address of choice within Daventry – a diverse and vibrant community that people will be proud to call home.

“Partnering with Crest Nicholson will allow us to realize this vision and we look forward to working together to grow this exciting new community.”

Mike Little, Managing Director of Crest Nicholson, Midlands, added: “This latest acquisition builds on our already strong portfolio of homes in Daventry and our continued growth within the Midlands division.

“We are proud to work alongside Spitfire Homes to deliver this brand new community, which will provide high quality homes and a wealth of local amenities close by.

“The new partnership reinforces our commitment to creating sustainable, sustainable communities that will benefit residents and the region for decades to come.”

The investment in the area follows the early days of Spitfire Homes in Northamptonshire, with work underway on 44 homes in the village of Kislingbury.