Harworth Group has sold two residential serviced land parcels at Waverley (pictured) and Thoresby Vale to Barratt and David Wilson Homes, for a combined total of £39m.
The Waverley parcel in South Yorkshire was sold for £29m. Barratt and David Wilson Homes plans to deliver 450 homes in the area, of which 30% will be affordable.
The Thoresby Vale location in Nottinghamshire was bought for £10m, and has been slated to provide 174 homes.
Mark Cotes, managing director at Barratt and David Wilson Homes North Midlands, said the company is “thrilled to have secured the land for an extension to our Thoresby Vale development”.
He said: “We look forward to another opportunity to meet the growing demand for housing in Nottinghamshire. Our growing community in Edwinstowe will continue to provide new jobs for local people, and we’ll be making further ecological and financial investments as the development progresses.”
Andrew Blackshaw, chief operating officer at Harworth, said: “Barratt and David Wilson Homes is a trusted and valued partner to Harworth, and we are pleased to be developing our relationship with these two significant land sales. Harworth is particularly well-placed in volatile markets, as our serviced land provides housebuilders with a product which is de-risked and ready to build on from day one.
“The acceleration of both our Waverley and Thoresby Vale sites will see Harworth stepping through its strategy to take advantage of the placemaking and levelling up that these schemes ultimately bring to these communities.”
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