We’re delighted to announce we have appointed Vistry Group, the UK’s leading provider of affordable mixed tenure homes, as development partner for a residential scheme in Hinckley, Leicestershire.
We secured outline planning permission in January to deliver 475 high quality homes on the land to the east of Stoke Road and north of Normandy Way.
The site has a development value of £140m. Of the new homes being delivered, approximately 30% will be affordable, 25% will be developed for the private rented sector, and 45% will be for sale on the open market.
All the houses will be constructed using modern methods of construction, with timber frame panels produced at the local Vistry Works factory in Bardon, Leicestershire.
Jordan Gresham, our Group Disposals Director, said: “Congratulations to Vistry on securing this site, as well as our landowner. We’re excited to see it come to life and deliver much-needed new homes.
“I want to extend a huge thanks to our in-house team, and our consultants. Securing permission for 475 dwellings via planning appeal demonstrates our tenacity combined with a well-considered planning strategy.
“A special mention must also go to Steve Louth, our honorary director who passed away in 2022. This site was Steve’s vision, and it has been an honour to be involved in helping deliver this project as part of Steve’s Richborough legacy.”