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17/05/2017

Inland Homes To Deliver More Than 200 New Homes

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Inland Homes has revealed plans to build more than 200 new homes in the South and South East of England.

The housebuilder has secured consent to build 148 houses at Sherborne Wharf, Birmingham, as well as 58 residential units at Beaumont Works in St. Albans.

At Sherborne Wharf, the project will be delivered on a 2.4-acre site to the west of Birmingham City. The site comprises three connected areas of land and will feature 45 one bedroom and 103 two bedroom apartments, with an expected Gross Development Value (GDV) of around £30 million.

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Elsewhere, the Beaumont Works scheme is a 1.4-acre site comprising a Grade II listed former commercial unit that will be converted for residential use, as well an element of new build and an extensive car park providing for 60 cars.The site has a expected GDV of approximately £21m.

Paul Brett, Land Director at Inland Homes, said: "While the main focus of our business is on the commuter belt around London as well as other popular areas in the South of England such as Southampton, the strength of our understanding and specialist expertise in the planning system means that we are able to identify opportunities outside of our normal geographical remit, acquire sites and secure planning permission in order to deliver meaningful value for our shareholders.

"Inland Homes now has a strong pipeline of high quality, affordable and much needed homes, further underlining the strong position of the Company against the backdrop of the continuing housing shortage crisis."

(LM/MH)

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