Market Leads & Opportunities
Land deal paves way for homes on brownfield site
New homes are set to be built on a brownfield site in Coalville following a land deal between developer Modus Partnerships and Leicestershire County Council.Just south of Coalville’s centre, the site on Highfield Street was previously used for office and industrial purposes, but has been left unused since demolition.Plans submitted by Modus Partnerships, in collaboration with Nottingham Community Housing Association (NCHA), proposes 22 affordable houses providing one to three bedrooms.Part of the wider site has been retained by Leicestershire County Council for an internal social care development.Joe Reilly, associate director and chartered surveyor at Innes England who handled the transaction, said: “Not only does this deal make good use of a currently disused brownfield site but it’s also utilising the land to provide much-needed affordable housing to the area.”At Innes England, we pride ourselves on the premier quality service and offering we provide for not just our clients but all organisations we interact with. This deal is demonstrable of this and I’m very pleased with the result for all parties.”Simon Preston, director at Modus Partnerships, added: “Modus Partnerships is committed to delivering high-quality affordable housing across the country, building communities that are more than just bricks and mortar.”Working with Innes England was a breeze and now we’re able to look ahead to what’s next for this site. If our current proposal is successful, the development in Coalville will see 20 plus affordable homes built in a great area where families can live and thrive.”
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