Rowditch Furlong, Newport Pagnell
This site exemplifies our role in helping to address severe housing shortages by purchasing unconsented residential sites, obtaining planning consent and then selling ‘oven-ready’ to housebuilders.
- Purchase Date
- June 2018
- Purchase Price
- £2.7m
- NIY
- N/A
- Fund
- Residential Land Partnership
- Property Company
- Danescroft
- Features
- A 5.3-acre allocated site acquired unconditionally for residential development
- Detailed planning consent obtained for 77 residential units
- Sold to housing association developer in May 2020
- Purchase Rationale
- Off-market acquisition
- Site allocated for residential use in local plan
- Strong regional house builder and housing association demand for proposed scheme due to end values being at an attractive price point
- ESG
Socio-economic
- 30% affordable housing
- Location
-
- Little Linford Lane, Newport Pagnell MK16 8DS
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