Thursday, April 25, 2024

Crest Nicholson’s Yorkshire division makes first land acquisition

Housebuilder, Crest Nicholson, has completed the first land acquisition for their Yorkshire division.

The 6-acre parcel of land, marketed by JLL’s Yorkshire and North East office, received an unprecedented amount of interest, resulting in a total of 25 bids being received for the much sought after opportunity in Sprotbrough, on the edge of Doncaster.

The acquisition, led by Crest Nicholson’s regional director Guy Evans, marks a major milestone for the housebuilder’s expansion into Northern England, with the division planning to build 600 homes annually – playing a key role in Crest Nicholson’s growth strategy to deliver over 4,000 new home completions annually by 2026.

The new development, located between Melton Road & Cadeby Road in the affluent village of Sprotbrough, is an allocation of Doncaster’s Local Plan. Subject to planning, Crest Nicholson will deliver a mix of approximately 70 open market and affordable homes for the community.

It will incorporate Crest Nicholson’s new house type range, providing a mix of homes from one bedroom apartments to five bedroom houses, with the first completions expected in Summer 2024.

Guy Evans, regional director of Crest Nicholson Yorkshire, said: “The acquisition of Sprotbrough is a significant milestone for Crest Nicholson as we expand into the North. We are actively seeking sought after locations, such as Sprotbrough, given its proximity to the city of Doncaster and connections to other key locations within the region, as part of our commitment to delivering high-quality homes and communities across Yorkshire.”

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