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RBS sells 6.8 acres of building land to Persimmon

Royal Bank of Scotland has sold 6.8 acres of land in Kegworth, Leicestershire, to housebuilder, Persimmon Homes.

The land is thought to have been bought for around £2.5m. It was acquired on an unconditional basis with outline planning permission for up to 104 homes.

Persimmon Homes is planning to build 86 properties on the site, 30% of which will be affordable homes.

Iain McArthur, associate director at DTZ, which advised RBS, said: “Although the region’s housing market has been badly affected by the economic downturn, this unconditional sale demonstrates that there is still a strong appetite from the house builders to purchase sites on both an unconditional and conditional basis providing the location is right.”

annabel.dixon@estatesgazette.com

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