Bellway East Midlands to pay nearly £400,000 in developer contributions as Abbey Fields Grange development in Hucknall welcomes first residents

By Tom Surgay

31st Aug 2022 | Local News

A developer responsible for building over 200 new houses in Hucknall is set to benefit the local economy and infrastructure with its near £400,000 of contributions. Photo courtesy of Bellway East Midlands.
A developer responsible for building over 200 new houses in Hucknall is set to benefit the local economy and infrastructure with its near £400,000 of contributions. Photo courtesy of Bellway East Midlands.

A developer responsible for building over 200 new houses in Hucknall is set to benefit the local economy and infrastructure with its near £400,000 of contributions.

Health services, roads, wildlife habitats and public open space are all set to benefit from money being handed over by Bellway East Midlands, the developer of the Abbey Fields Grange development in Hucknall.

The 217-home scheme off Nottingham Road, has seen the first completions already take place and the first residents have now moved into their new homes.

Bellway will be paying a total of £387,704 in developer contributions, with £117,695 on health facilities, £75,000 for public open space, £72,051 for offsite highway works and £20,000 for a habitat improvement tree contribution.

The development, which recently saw Site Manager Dave Pringle secure the National Housebuilding Council's (NHBC) Pride in the Job award for his work, will include 197 private properties for sale and 20 affordable homes for local people through shared ownership or rent.

Abbey Fields Grange is the second phase of a wider scheme to deliver 358 homes on this site, following the 141 homes already delivered at neighbouring Abbey Fields. Work is expected to be complete by 2025.

Heidi Higgins, Sales Manager for Bellway East Midlands, said: "The financial contributions that we are making as part of the planning agreement for Abbey Fields Grange will support a variety of important aspects of local life, from health services to open space, and we are proud to be making this investment in the Hucknall area.

"In addition to providing a wide range of houses for private sale, Abbey Fields Grange is making an important contribution to the delivery of new homes for people unable to buy on the open market. The provision of the below market value properties will enable more local people to get a foot on the property ladder by purchasing at a discounted rate, complementing the mix of affordable housing available for rent or shared ownership.

"Building work is progressing well at Abbey Fields Grange. The first residents have now moved in, and with a quarter of the homes now sold we are seeing a thriving community beginning to develop."

As part of the 197 properties for private sale, that will include 20 below market value homes. These homes are part of a scheme that allows eligible buyers to purchase a property at a discounted rate below market value. The discount will stay on the property every time it is sold on after that, ensuring a permanent supply of below market value homes for local people.

There is currently a selection of three and four-bedroom homes available to reserve at Abbey Fields Grange, with prices starting from £308,000.

For more information about the development, click here or call 0115 672 1800.

     

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