Land acquired in Catterick for £28m, 135-home development
Development
04 Dec 2022
Avant Homes has acquired a 10-acre site in Catterick, Richmondshire, to deliver 135 new-build family homes with a gross development value (GDV) of around £28m.
Called Brompton Mews, the development is located just four miles from Richmond town centre on Cookson Way.
The development received planning permission in August this year following a successful appeal decision, and will comprise a mix of two, three and four-bedroom homes and feature 11 of Avant Homes' design-led house types.
Of the 135 homes proposed to be built, 30 per cent are affordable housing with a range of affordable rent and discount market sale properties. Avant Homes has also committed to community contributions of around £380,000 for the provision of local education and recreation facilities.
Work is set to commence on site in January, with a show home expected to open in spring 2023. The first homes are set to be ready for occupation in June 2023 with the site expected to be completed by 2026.
Avant Homes North East managing director, Don Anderson, commented: "Brompton Mews is a fantastic opportunity to further expand our presence in the north east of England into Richmondshire.
"Catterick is a popular village with a real demand for homes for modern family living. With the site's close proximity to Catterick Garrison and major road links, we expect Brompton Mews to appeal to a wide range of buyers.
"We look forward to the commencement of groundworks at the site in January 2023."
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