Magazines
Newsletter
Advertise
Search
The Business Magazine - B2B Business News - Site Logo
The Business Magazine - B2B Business News - Site Logo
The Business Magazine July 2024
Read now
PICK YOUR EDITION

Tewkesbury affordable homes poised to extend new neighbourhood

The Business Magazine article image for: Tewkesbury affordable homes poised to extend new neighbourhood
iStock
30 September 2024
iStock

Tewkesbury in Gloucestershire is reportedly set for 150 new affordable homes after Kent-based builder Vistry Group has acquired a site near Ashchurch village.

The homes, for which outline planning consent is already in place, will be delivered in partnership with Platform Housing Group as part of a £38m project.

READ MORE: Housebuilder Vistry confident on 2024 as partnerships model shows resilience

Vistry, formerly Bovis Homes, aims to have full planning consent before the end of the year with first homes earmarked for completion by the end of 2025.

"Tewkesbury is a growing town which requires new affordable homes to help accommodate its expanding population," said Supriya Ray, managing director for Vistry Cotswolds.

He added: "This is the first 100% affordable homes project to be delivered in this area under the partnerships model and we are in discussions to bring forward many more.

"This reflects Vistry Group’s commitment to sustained growth in housing output, while driving social value and delivering strong returns for our investors."

Michael Baggett, director of land and partnerships at Platform Housing Group, added: "We are thrilled to announce the acquisition of land at Fiddington, Tewkesbury, working in partnership with Vistry Group.

"The purchase of this site makes a significant step forward in our commitment to tackling the housing crisis."

The homes are set to extend a new neighbourhood which is taking shape to the south-east of Tewkesbury and are poised to bring new community facilities to the area.


Share 

Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.

Latest deal ticket

All deals

Events

All events

Related news


Group Titles

Dorset BIZ NewsHampshire BIZ News
crossmenu