HARRIS LAMB SELLS OLDBURY PLOT TO DEVELOPER FOR OVER 80 NEW HOMES
Developer Lion Court Homes has purchased a Black Country land parcel for an undisclosed sum, with planning to build 84 new homes.
Harris Lamb’s Residential Land team oversaw the sale of the 4.90-acre development site off Mill Lane in Langley Green, Oldbury.
The site has outline planning permission for up to 88 new homes, and the privately-owned developer has a proposed schedule of 84 properties, including one- and two-bedroom apartments, and two-, three-, and four-bedroom houses.
Andy Lamb, director at Harris Lamb, said: “The Residential Land team has been incredibly busy in 2018, and the call from developers eager to meet public demand forhousing is relentless.
“There was a great deal of demand in Mill Lane from interested buyers thanks to the location of the opportunity. Not only are there three schools close to the site, making it an ideal place to build family homes, but it is just a five-minute walk away from Langley Green railway station, with regular services to Birmingham, Stratford and Stourbridge, which makes it the perfect commuter hub.”
“Lion Court Homes has a fantastic reputation both in terms of its quality of workmanship and its high service standards, and the team recognised the potential to site one of its developments in the heart of the Black Country, where there is a real requirement for more quality homes. I am looking forward to seeing the completed development come to fruition and another site in the area come forward for master regeneration,” he added.
Work at the Mill Lane site is expected to start in early 2019.