Honey gets thumbs up for 114 Nottinghamshire homes

Housebuilder Honey has received consent to build a £42m development comprising 114 homes in Edwinstowe, Nottinghamshire. The Thoresby Vale scheme, located off Ollerton Road, will provide a mix of three- to five-bedroom homes and is part of the wider Thoresby Vale masterplan. Located on the site of the former Thoresby Colliery, the masterplan comprises 800 homes, a new primary school, a local centre and up to 250,000 sq ft of commercial space. Work on the Honey homes is due to begin this month, with the first homes expected to be released for sale shortly. The company anticipates that the first residents will move into their new homes in June 2025. Since being launched in October 2022, Honey has secured 19 sites across Yorkshire and the Midlands that will deliver 2,278 homes with a combined GDV of £675m. 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 Mark Mitchell said: “Homes by Honey at Thoresby Vale will help satisfy the demand from those living in or wanting to move to Edwinstowe for high-quality, high-specification new homes. “We have seen significant interest from prospective buyers since announcing our plans, and the development will deliver a range of new homes that are well suited to first-time buyers, families and downsizers.” View market analytics for Nottinghamshire >> Image © Honey