Back
News

Honey given go-head for 275 homes in North East Derbyshire

Honey will build 275 homes in Duckmanton, North East Derbyshire, after being granted planning permission for a £78m development.

Called Pearl and located on Tom Lane, the development will comprise a mix of two-, three-, four- and five-bedroom homes including terraces, semi-detached and detached properties.

The 41-acre site has been allocated for development by Chesterfield Borough Council as part of the Chesterfield local plan to deliver 4,080 homes by 2035.

Work at Pearl is anticipated to start this summer with the first homes expected to be released for sale in autumn this year. Honey expected the first residents will move into their new homes in summer 2026.  

Since being launched in October 2022, Honey has secured 21 sites across Yorkshire and the East Midlands that will deliver 2,850 homes and a combined gross development value of £795m.

The company is backed by private equity firm Alchemy Partners and its Alchemy Special Opportunities Fund IV, which has £937m of fully committed capital.

Honey chief executive officer Mark Mitchell said: “Our Pearl development will deliver design-led homes that are perfect for modern-day living for buyers looking to move in or to Duckmanton.

“We believe our new homes offer more style, substance and sustainability for their price, and the range of properties at the development makes it suitable for first time buyers, growing families and downsizers.

“There has already been huge interest in Pearl since we announced our plans, so we now look forward to releasing the first homes for sale later this year at this thriving new community we are creating.”

Send feedback to Akanksha Soni

Follow Estates Gazette

Up next…