VILLAGE PARTNERSHIPS BUYS DUDLEY LAND PARCEL FOR OVER £2M TO PROVIDE 80 NEW HOMES FOR HOUSING PROVIDER
Harris Lamb has sold a Dudley land parcel to Village Partnerships for in excess of £2 million, with approval having been granted for 80 new homes at the site.
The business’ Residential Land team sold the 4.8-acre site on Bull Street to the organisation, which now plans to build a development of apartments and houses for Platform Housing Group.
The sale of the former MEB site is set to complete in the next few weeks, with Village Partnerships having successfully secured Reserved Matters Planning Approval for the proposed properties.
James Willcock, who oversaw the sale, said: “This is another good example of a derelict industrial site within the Black Country that will now be overhauled and given a new lease of life to provide a new community.
“Increasingly, such sites are making way to quality homes to meet the demand for properties within the Midlands, and we are delighted that Village Partnerships has taken on this site to fulfil that need.
“The organisation takes great pride in creating communities in partnership with social housing providers across the Midlands, and we look forward to seeing construction get underway at Bull Street.”
The site will soon be cleared to make way for construction on behalf of Platform Housing Group (PHG), one of the largest housing associations in the Midlands, combining both Waterloo Housing and Fortis Living.
The development is expected to consist of 26 one-bed and two-bed apartments and 54 two- and three-bed houses.
Tom Ayers, Director at Village Partnerships, said: “The team at Harris Lamb have been instrumental in bringing this deal together. From initial talks and negotiations with the vendor, to partnering with Platform Housing Group, they have guided it through to a successful conclusion. I am looking forward to working with them again on the next project.”