Land deal completes in Cheltenham

A multimillion-pound land deal in Cheltenham could pave the way for 180 homes.Tewkesbury-based housing association Bromford has agreed a deal to buy two parcels of land owned by Cheltenham Borough Council and Gloucestershire County Council on Old Gloucester Road in Cheltenham.The housing association will now draw up plans to build 180 properties on the combined 16-acre site.Bromford’s head of land, Lyndon Parkes, said: “Having already acquired and started work on the first parcel of land at Old Gloucester Road, buying these two adjoining pieces of land is an ideal opportunity for us to create a joined-up vision for the whole site and to create an attractive and flourishing new neighbourhood.”It fits perfectly with our new strategy to acquire and develop larger pieces of land ourselves so we can maximise our impact in an area and really help a place to thrive.”We’ll be utilising Homes England grant funding to finance the development as we look to deliver a mix of tenures to meet local demand. We’re already working on the plans for the land and subject to receiving planning permission would hope to start work later this year.”Cllr Victoria Atherstone, cabinet member for housing at Cheltenham Borough Council, added: “This is an exciting start to the new year and is another step towards increasing the number of affordable, energy efficient homes our town really needs.”Bromford have demonstrated that they can deliver affordable housing which will help create more sustainable communities and reduce homelessness.”