Doors open to major residential sites following Harworth sale
Wed 19 Oct 2016
PROPERTY investment company Harworth Group has sold two major residential sites in Doncaster and Pontefract.
The first, to Taylor Wimpey, includes 96 plots at Torne Park at the former Rossington Colliery site in Doncaster.
Detailed planning for the sites has already been secured and Taylor Wimpey will deliver a mixture of detached and semi-detached houses.
Harworth secured outline planning in December 2012 for up to 1,200 homes and further planning for 250 homes is expected to be submitted next year.
Harron Homes had already started development on Rossington site to deliver 166 houses.
Harron has also acquired the second site in Pontefract, dubbed the Prince of Wales site, in a separate transaction.
It has acquired 89 plots at the site, Harron's second at the development. It will deliver a mixture of two, three and four-bed homes over the next 18 months.
The contract is conditional upon receiving planning consent for Harron's house types, which has already been submitted to Wakefield council with a decision expected by December.
150 homes have already been built out over the past 18 months by Harron and Avant Homes.
Owen Michaelson CEO of Harworth Group said:
"We are pleased to complete the sale of plots to Taylor Wimpey and to exchange contracts with Harron Homes, which continues our program of phased sales from our sites.
"We believe these deals are a clear reflection of the continuing momentum in regional housebuilding - which has resumed in full following the short hiatus after the referendum vote in June - and underpin the fact that the UK still needs land for new housing."
Original article, Clare Burnett the Business Desk.