Developer to build nearly 200 new 'affordable' houses near Mansfield town centre

Housebuilder, Gleeson Homes, has been approved to develop a total of 197 new two, three and four bedroom homes which have off-street parking, alongside front and rear gardens at Crown Farm Way.

The developer which aims to provide ‘low-cost’, ‘quality’ homes for first time buyers, claiming their price point is ‘typically’ 20% less than the average market price.

This will be Gleeson’s second development in the town and will begin to transform the land at Crown Farm Way later this month, with properties expected to be on sale from Spring next year.

Prices for a three bedroom house on the plot is anticipated to start from approximately £149,995.

Prospective homeowners will be able to register their interest via Gleeson’s website later this year.

Operations director for Gleeson in the Midlands Allen Marshall said: "We are thrilled to have achieved planning consent for this exciting development.

"We believe it will add real value to the area and provide local people on low incomes the opportunity to achieve their dreams of home ownership and the wealth of benefits that it brings.

“By utilising a shared ownership scheme, a monthly mortgage for a two-bedroom home is anticipated to be cheaper than local rent figures.

"Plus, if using the government backed Help to Buy scheme, many of the homes will only require a 5% deposit.

"Located less than a 10 minute drive from the town centre, the development is also supported by superb amenities, including good schools, a medical centre and local stores.”

The housebuilder claims they will make a contribution towards off-site education to Mansfield District Council, as well as allocating a certain number of homes to the council’s affordable housing initiative.

Gleeson also alleges that the house developer will make ecological enhancements to the 197 property development, alongside improvements to road junctions in the area in line with the council’s regeneration plan for the town.

The new development aims to bring a financial boost to the area, combined with employment opportunities for local people, sub-contractors and young workers looking to start an apprenticeship in construction.

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