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Construction News
13/01/2014
Devon Properties Prove Popular
New properties are proving popular on a residential development in Tiverton, Devon, where local developer Devonshire Homes has already sold 12 homes at its town centre scheme.
Devonshire Homes' development at Gilbert Scott Way on the former Belmont Hospital site attracted £2m in investment through the Homes and Communities Agency's Get Britain Building programme and comprises a mix of affordable and open market houses.
Included in the first stage of completions are 12 affordable homes that have been sold to DCH and 12 open market homes. Of these open market homes, four have been purchased under the Help to Buy scheme.
Thirteen more homes will be ready for occupation between January and April and further releases from the second phase of the development are due in the spring 2014.
Steve Russell, Managing Director at Devonshire Homes, added: "Gilbert Scott Way is a prime example of how vacant sites can be converted into much-needed housing to make the most use out of previously developed land. As well as new homes there will be a range of apartment conversions within the Grade 2 listed buildings."
(CD/IT)
Devonshire Homes' development at Gilbert Scott Way on the former Belmont Hospital site attracted £2m in investment through the Homes and Communities Agency's Get Britain Building programme and comprises a mix of affordable and open market houses.
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Included in the first stage of completions are 12 affordable homes that have been sold to DCH and 12 open market homes. Of these open market homes, four have been purchased under the Help to Buy scheme.
Thirteen more homes will be ready for occupation between January and April and further releases from the second phase of the development are due in the spring 2014.
Steve Russell, Managing Director at Devonshire Homes, added: "Gilbert Scott Way is a prime example of how vacant sites can be converted into much-needed housing to make the most use out of previously developed land. As well as new homes there will be a range of apartment conversions within the Grade 2 listed buildings."
(CD/IT)
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