Publication Date: 19-12-2022 09:00
Bellway acquires land for third phase of development in Newark
Homebuilder Bellway has acquired more land to enable the start of work on phase three of its The Foresters at Middlebeck development in Newark on Trent.
The company exchanged contracts subject to planning in January with Urban and Civic – the Master Developer of the wider Middlebeck project – and detailed plans for the site were approved by Newark and Sherwood District Council in September.
The third phase will include 104 two, three and four-bedroom houses on land to the north of Flaxley Lane, including four affordable properties for local people.
The first properties are expected to be released for sale in the new year.
Tim Pyne, Senior Land Manager at Bellway East Midlands, said: “Our land, planning and technical teams have worked hard on this project and with the land acquired and planning permission in place we are now able to take this development to the next stage.
“The Foresters at Middlebeck has been one of the division’s most popular schemes and we are expecting the next phase to be equally sought after. Its location, with easy links to Newark town centre and the A1 and A46, makes it a site that works for the way people want to live, in a setting that has the infrastructure they need.
“The phased acquisition allows for the first 57 dwellings across the scheme to be developed with the balance anticipated later next year.
“This deal, even with the current UK economy, demonstrates the continued strength of demand for new housing and highlights Bellway’s commitment by getting the deal done.”
The development is part of a much wider consortium project that is ultimately planned to deliver approximately 3,000 homes on the southern edge of Newark on Trent.
Bellway East Midlands has been working at The Foresters at Middlebeck since February 2018, creating 138 properties within the first two phases.
There’s currently one four-bedroom show home remaining for sale, priced at £350,000.
For more information about the development, visit https://www.bellway.co.uk/new-homes/east-midlands/the-foresters-at-middlebeck or call the sales team on 01636 882755.
